Look under the bonnet for electric vehicle investment opportunities

EV sales grew 41% last year

The announcement of Nissan’s £1 billion gigafactory this month has been heralded as a pivotal moment in the UK’s electric vehicle (EV) revolution by Prime Minister Boris Johnson, set to deliver enough batteries for 300,000 electric cars by 2027.

With rumours of other UK EV plants to follow from Jaguar Land Rover and Vauxhall, electric dreams are fast becoming an electric reality. One of many countries trying to establish itself as a hub for EVs, the UK is not alone in its ambitions. The fierce competition among global powers, including the US and China, to become the home of EV manufacturing shows just how big they believe this industry will become, and how profitable. EVs reach a watershed moment We will likely look back at the present period as a watershed in the mass adoption of EVs. Global EV sales grew by 41% from 2019...