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December 12, 2020

Lightning In A Bottle! How EVs Are Anticipating A Huger Surge

EVs – or electric vehicles – have been prospering often this year. As crazy as it is, EVs like Tesla, NIO and Li Automobile have exploded their 409% massive capital shift has been electric vehicle companies.

EVs makers such as Tesla (NASDAQ:TSLA), NIO (NYSE:NIO), and newcomer Li Automobile (NYSE:LI) have seen their shares explode by 409%, 1158%, and 84% since January.

Even if these triple-digit returns weren’t great enough, plenty of analysts are looking forward to more upside for electric vehicle makers with the industry trying for Herculean efforts to make more brand-new electric cars.

Where will the EVs surge emanate from?

Here’s the skinny: new cars are always going to be north of $50,000. Good ones anyway. That said, the benefits of being a young car buyer is that low-cost and eco-friendly options do exist. And EVs therefore are spreading their accessibility everywhere.

NIO (NYSE:NIO),  offers batteries-as-a-service as a concept, in which car buyers rent out the battery and save nearly $10,000 while offering buyers to swap batteries after a few years. That’s kind of a cool update and certainly, it is one that we can all highly anticipate. For the future is vast with possibilities. So you should never turn any one of those opportunities down. Maybe that will be a goldmine option to swap batteries so effortlessly.

Who knows how successful we can be just doing that right? It’s all progressing towards a smarter brighter future and who’s to say that we can’t shift gears to best approximate stronger relationships with our vehicles? It’s the way of the future, Man. You have to either ship up or ship out. And that’s no different when it comes to respecting the bravery it takes to confidently drive an EV through a scary place. Don’t show off but show interest in people’s car-buying decision-making. Talk about making the right choices!

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