EV sales expected to continue growing as costs come down

Sales of electric vehicles (EVs) climbed past the psychologically important 10-million-mark last year, but how has 2023 started? IGTV’s Jeremy Naylor caught up with Anthony Sassine, from KraneShares. He runs the KraneShares Electric Vehicles and Future Mobility Index ETF (KARS) which includes a wide range of exposure across the EV space. While upbeat on the future, he acknowledges that affordability is still an issue, brought about by supply chain difficulties, a rise in metals prices and the war in Ukraine. The discussion also touches on where the future of battery technology lies. Will it be lithium, or will the new sodium ion-based chemistry help alleviate pressure from Lithium?

 

Any opinion, news, research, analysis, or other information does not constitute investment or trading advice. 

 

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