Market Commentary

The green race: Who will emerge victorious in the EV revolution?

Posted by Anton Murray Consulting on . Posted in Market Commentary

InvestorDaily

Welcome to the electric vehicle (EV) revolution: less space age than The Jetsons predicted, but impressive all the same. With more global consumers becoming increasingly aware that “climate change” is actually a real thing they can no longer ignore, the EV industry has been thriving across financial markets. In fact, the global EV market was valued at $162.34 billion in 2019, and is projected to reach $802.81 billion by 2027.

The trend of “green cars” has been taking shape for some time, however, it has recently accelerated with some of the leading motor vehicle companies declaring they will replace traditional petrol vehicles with environmentally friendly EVs in the not-too-distant future. Can the growing EV market pave the way for a greener future? And if so, which company will emerge victorious?

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