2 Auto Stocks Taking a ‘Hybrid’ Approach to Electrification
October 18 2022 - 06:43PM
TipRanks
It’s a mantra that few investors can escape: electric vehicles are
the future. On so many levels, this narrative makes sense. From
energy efficiencies to zero-emissions footprints, EVs represent a
viable solution to modern-day challenges. Yet, ongoing economic and
infrastructural obstacles suggest that combustion power will remain
relevant for some time. Therefore, investors may want to take a
hybrid approach to mobility with two iconic auto stocks, TM and GM.
Fundamentally, the inclusion of legacy auto stocks that made their
living through dirty fossil fuels may seem strange in a discussion
about the future of transportation and mobility.
https://www.tipranks.com/news/article/2-auto-stocks-taking-hybrid-approach-to-electrification-tm-gm?utm_source=advfn.com&utm_medium=referral
Toyota Motor (NYSE:TM)
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Toyota Motor (NYSE:TM)
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