Electric vehicles, or EVs, have been hailed as the future of transportation. They promise cleaner air, reduced dependence on fossil fuels, and a seismic shift in how we commute. But as we navigate this high-speed journey towards an electric future, there are certainly some speed bumps ahead, whether it's concerns about range anxiety, the availability of charging infrastructure, or simply the price tag of EVs.
Charlie Lilford, Portfolio Manager for BlackRock's Fundamental Equities business, joins host Oscar Pulido to talk about the rate of adoption of electric vehicles across the world. and where he sees the most exciting investment opportunities.
Sources: IEA, July 2023; S&P Global Mobility, May 2023; US Department of Transportation, data for 2022; BlackRock Fundamental Equity analysis, with data from China Passengar Car Association, Oct. 2022; BlackRock Fundamental Equity analysis, with data from IEA, April 2023
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