Electric Vehicles

Electric vehicles (EVs) will soon be more powerful, cheaper and more environmentally friendly than current cars which run on fossil fuels. It is well known that the share price is not based on the current earnings of a company, but primarily on future predicted and expected earnings. And indeed, it currently looks like the market share of electric cars will soon take off. According to the prognosis by Bloomberg NEF (BNEF) EV car makers will grow from having a 3 percent market share to a 20 percent market share by 2030. By 2037 the sales figures of electric cars will be higher than combustion powered cars.

With this new certificate on the Vontobel Electric Vehicle Basket investors can participate in this fast developing market with only one product. The basket contains shares of companies which are involved with the production of electric vehicles, electric vehicle components, charging infrastructure, batteries and related materials. The exact title selection and weighting at initial fixing can be found in the factsheet. The investor bears the issuer risk.