U.S. Markets close in 2 hrs 7 mins
  • S&P 500

    4,147.33
    -26.52 (-0.64%)
     
  • Dow 30

    34,246.14
    -135.99 (-0.40%)
     
  • Nasdaq

    13,281.17
    -148.80 (-1.11%)
     
  • Russell 2000

    2,212.69
    -11.94 (-0.54%)
     
  • Crude Oil

    66.20
    +0.83 (+1.27%)
     
  • Gold

    1,867.20
    +29.10 (+1.58%)
     
  • Silver

    28.27
    +0.91 (+3.31%)
     
  • EUR/USD

    1.2158
    +0.0012 (+0.0973%)
     
  • 10-Yr Bond

    1.6390
    +0.0040 (+0.24%)
     
  • Vix

    21.11
    +2.30 (+12.23%)
     
  • GBP/USD

    1.4140
    +0.0038 (+0.2715%)
     
  • USD/JPY

    109.1230
    -0.2240 (-0.2049%)
     
  • BTC-USD

    42,917.48
    -4,372.47 (-9.25%)
     
  • CMC Crypto 200

    1,182.59
    -15.32 (-1.28%)
     
  • FTSE 100

    7,032.85
    -10.76 (-0.15%)
     
  • Nikkei 225

    27,824.83
    -259.64 (-0.92%)
     

The Electric-Vehicle Future Is Nearly Here. This Overlooked Auto Components Giant Is Ready.

Jack Hough
·5 min read
The Electric-Vehicle Future Is Nearly Here. This Overlooked Auto Components Giant Is Ready.
  • Oops!
    Something went wrong.
    Please try again later.

For all the hard-charging talk about electric cars, you might think that they were taking over the U.S. market. Electric cars there are suddenly 14% of the market, or 23% if we count plug-in hybrids that burn fossil fuel for backup. In the U.S., meanwhile, a $7,500 credit for every electric vehicle phases out after companies sell 200,000 of them, so (TSLA) (ticker: TSLA) and (GM) (GM), the biggest EV players, no longer benefit.