3. Electric vehicle inadequacies will hit boiling point in 2022I believe 2022 will see the adoption of electric vehicles (EVs) really take off in Australia - at levels that far exceed government forecasts. As a result, our lack of preparedness for EVs will reach boiling point.It's not just about practical issues like lack of charge points for EVs. Carmakers receive attractive government incentives to supply markets in Europe and elsewhere, making it much more compelling to supply these markets rather than Australia.Add in ongoing global supply chain issues, and buyers of new EVs could face long delays. That's set to push up the value of used EVs - great news if you own an electric vehicle. For investors, it can make certain stocks attractive such as Carsales.com, Tesla (listed on the US market) and Daimler (German market), which manufactures Mercedes EVs.
2022 BRN Discussion, page-2928
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