China is leading the race in electromobility

China is leading the race in electromobility

The mobility transition is gaining momentum, with a steady increase in the number of electric cars. China is taking a leading role in e-mobility, with more than half of global registrations. As a car manufacturing country, Germany also strives to be a pioneer. The European market is the second largest after China, while the US recorded a sales increase of almost 50% in the third quarter of 2023, with over 300,000 units sold. Listed companies worldwide are benefiting from the expansion of the e-mobility market.

BMW has been focusing on electric cars for several years and has seen a significant increase in sales. In 2023, sales of fully electric models increased to 376,183 vehicles, representing growth of +74.4% compared to the previous year. Arcadia Minerals, an Australian company, is focused on battery metals and is actively developing mining properties, including the Swanson tantalum project. The current partnership with HeBei Xinjian Construction CC supports the financing of the dismantling.

BYD, a Chinese high-tech company, is now one of the world's largest automobile manufacturers and a major competitor to Tesla. The BYD share price is valued optimistically by the market and is almost 39% higher than the current value. The Xtrackers Future Mobility ETF offers investors the opportunity to invest in companies that develop innovative technologies in the field of mobility, including electromobility. The ETF's top holdings include companies such as Toyota, Alphabet, BYD and Tesla.

The stock market is reacting positively to the mobility transition, and electromobility remains an important segment for investors with a positive long-term trend. The ongoing development in e-mobility promises a lot of potential for both companies and investors.