Inspired by Harper's Index (with a tip of the hat to FiveThirtyEight's Significant Digits blog), Morningstar Runs the Numbers uses a numbers-based approach to highlight recent Morningstar research, along with some outside news stories.
On the heels of the Intergovernmental Panel on Climate Change, which called for more electric vehicles, Seth Goldstein revisited Morningstar's projections. We think that 15% of all new passenger vehicles globally will be electric by 2028. What does increased adoption mean for investors? He flags these ideas:
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