The electric vehicle (EV) industry demonstrated remarkable resilience in 2023, with pure-play EV companies such as Tesla, Li Auto, Xpeng, and Rivian proving their ability to compete with legacy automakers like Ford and General Motors. Although these companies achieved significant sales growth, an uncertain global macroeconomic backdrop weighed on the sector's performance.
Despite short-term volatility, the fundamental transition from gas-powered to electric vehicles remains intact. As we move into 2024, attractive valuations and the long-term transformation to EVs present potential opportunities for investors.
Join us for an insightful webinar with KraneShares Senior Investment Strategist Anthony Sassine, CFA, as he explores:
The divergence between strong 2023 EV sales growth and stock performance
China’s continued strength in the global EV race
Declining battery prices nearing parity with internal combustion engines
Electric vehicle ecosystem stock valuations versus historical averages
Overview of the KraneShares Electric Vehicles & Future Mobility ESG Screened UCITS ETF (KARS)
Comprehensive Q&A