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January, 2022

Our “Electric Vehicle Tipping Point” thesis continues to gain steam

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Our “Electric Vehicle Tipping Point” thesis continues to gain steam

This chart from Ark Investments speaks volumes:
In China, gas-powered vehicle sales were down 4% in 2021, but electric vehicle sales were up an astounding 145% year over year.

That means that EV sales accounted for more than 100% of China’s overall automobile sales growth in 2021… a trend we fully expect to accelerate globally over the next 2-3 years.

Our December MegaTrends Report, the rEVolution, covered the major players we see as top opportunities heading into this massive tipping point in consumer behavior.

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