BATT - Electric Vehicles: The Driver Behind The Amplify Advanced Battery Metals And Materials ETF
Investment Case
Bloomberg New Energy Finance just published its annual Electric Vehicle Outlook, a long-term forecast of how the electrification of transportation will proceed over the next few decades. BNEF predicts that:
By 2040, 57% of all passenger vehicle sales and over 30% of the global passenger vehicle fleet will be electric.
There are three main catalysts expected to support a rapid increase in global EV demand:
1. Global Environmental Regulations
Government regulatory support in key markets such as Europe, China, and the US is expected to accelerate the adoption of electric vehicles around the