It’s a mantra that few investors can escape: electric vehicles are the future. On so many levels, this narrative makes sense. From energy efficiencies to zero-emissions footprints, EVs represent a viable solution to modern-day challenges. Yet, ongoing economic and infrastructural obstacles suggest that combustion power will remain relevant for some time. Therefore, investors may want to take a hybrid approach to mobility with two iconic auto stocks, TM and GM. Fundamentally, the inclusion of legacy auto stocks that made their living through dirty fossil fuels may seem strange in a discussion about the future of transportation and mobility.
https://www.tipranks.com/news/article/2-auto-stocks-taking-hybrid-approach-to-electrification-tm-gm?utm_source=advfn.com&utm_medium=referral