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The auto market is undergoing a shift to both electric and autonomous. Sales could scale from 2,2 million EVs sold in 2020 tot 40 million in 2025. A CAGR of 85%. Source: ARK Investment – Big Ideas 2021
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The ETF from EnCap is locking in USD 1.2 Billion to invest massively into renewable energy with battery storage being on top of the list of industries to invest in. Source : Encap Investments https://www.encapinvestments.com/news/encap-investments-lp-closes-energy-transition-fund
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Europe is well on track to compete for the role of battery leader of the world.  European investment in the battery ecosystem peaked at 60bn Euro, which is 3 times higher then China’s.  With full support of the European commission and its institutions, the energy storage industry in Europe will easily become a multi-billion dollar...
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