Electric Car Wars: Who Will Come Out on Top? ...Middle East

OILPRICE - Economy
Electric Car Wars: Who Will Come Out on Top?
source : OILPRICE ( Middle East ) () 19
Electric vehicle stocks have been on fire this past year, outperforming every other sector in the market. The sector’s favorite benchmark--Global X Autonomous & Electric Vehicles ETF (DRIV)--has climbed 75.3% over the past 12 months and is already up 13.6% YTD, managing to even outperform the red-hot biotech sector as the Covid-19 vaccine rollout gets underway. Incredibly, EV and clean energy have continued to post impressive growth numbers amid the ongoing pandemic. Indeed, the latest report by clean energy watchdog Bloomberg New Energy…

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