No seat in electric vehicle race? Nickel miners, chipmakers are good proxies

A lack of direct EV stocks in Singapore has driven analysts to look up and downstream for beneficiaries of wider EV adoption

Published Wed, Feb 24, 2021 · 05:50 AM

Electric vehicles

Singapore

HOW can investors looking to electric vehicle (EV) exposure do so besides investing in Tesla?

While there are no major listed EV players on the Singapore bourse, analysts suggest that investors look up and downstream at nickel miners, battery manufacturers, chipmakers, as well as motor traders and vehicle testing companies, in Singapore and regionally, for opportunities.