The Shift to Electric Vehicles is Forecast to Accelerate
Electric vehicle sales ratio (%)
- Goldman Sachs Research forecasts that half of global car sales will by electric by 2035, compared to ~10% today.
- At Prospector, although we are not growth investors or specialists in cutting-edge technology, we have embraced vehicle electrification and, more broadly, the secular growth in digitization, automation, and the internet of things.
- Using our rigorous fundamental approach to security analysis, we continue to seek out investment candidates who stand to benefit from these themes, all of which show no signs of abating
Source: IHS Global Insight, Goldman Sachs Research • 2022–2040 are forecasts