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Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
6 mins to read

Preparing for the demise of non-electric vehicles

The sharemarket expects electric cars to dominate the motor industry faster than the public realises.

Dr Michael Naylor
Fri, 04 Aug 2017

An interesting phenomenon taking place on the US sharemarket – electric carmaker Tesla, which produced 85,000 cars in 2016 and lost money in every quarter, is worth $US56 billion.

That’s more than General Motors or Ford, which have produced more than nine million cars and earned large profits.

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Dr Michael Naylor
Fri, 04 Aug 2017
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Preparing for the demise of non-electric vehicles
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