Thursday, October 12, 2017

U.S. News: Should You Ride the Electric Car Trend?

By SIMON CONSTABLE

Is the buzz over electric vehicles worthwhile for investors looking to get in on the ground floor of the emerging technology?

As with all industries in their infancy, there are risks and rewards. 

The world is on deathwatch for gasoline vehicles. Increasingly, governments are approving regulations that would faze out the use of gasoline-powered vehicles. Norway wants to stop the sale of fossil-fueled vehicles by 2025. France and India want to nix gasoline engines in new cars by 2040 and 2030, respectively according to Global X Funds. It's likely that governments around the world will jump on the bandwagon. Read more here.

Photo by John Cameron on Unsplash



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