Investors See Battery and Chipmakers as Safer Than Tesla and Nio – BloombergQuint
(Bloomberg Businessweek) — Shares in RAC Electric Vehicles Inc., an electric-bus maker in Taiwan that has lost money for the past seven years, spiked 27% on Jan. 12. The jump was the latest example of the recent stock market mania surrounding the EV industry.
Its anybodys guess which vehicle makers will be around long enough to compete with the likes of Toyota Motor Corp. or Ford Motor Co. Thats one reason an increasing number of investors are instead turning their gaze to electric-vehicle suppliers,…
