The electric vehicle boom is only accelerating.
In fact, according to NBC News, “The auto industry is shifting from internal combustion technology to emissions-free battery and hydrogen powertrains. Several traditional brands have also committed to a complete transition, with Bentley recently laying out a target date of 2030 to switch entirely to battery-electric vehicles, or BEVs. Nissan this week said it will electrify all models by the ‘early 2030s,’ but that will include gas-electric hybrids as well as BEVs.”
Plus, as governments all over the world go green, leaders want millions of electric vehicles on the roads as of yesterday.
Even better, analysts tell us that by 2030, the world will see 125 million EVs on the road, as noted by CNBC.
All could be substantial news for companies, such as Datametrex AI Limited (TSXV: DM) (OTCQB: DTMXF), Tesla Inc. (NASDAQ: TSLA), General Motors Co. (NYSE: GM), Ford Motor Company (NYSE: F), and Nio Inc. (NYSE: NIO).