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Automaker turmoil could be huge renewable investment opportunity

How do you make a surefire investment in electric vehicles (EVs)? A clear answer is to invest in renewable energy as it is the “gasoline” of the future. Comments are bouncing around the US financial analyst community this week, forecasting gloom and doom for the automotive industry, over the transition to electric vehicles, and what that might mean to the global economy. What it means for the renewable electricity industry is far clearer. The analysts asking if the car industry has suddenly reached its peak seem to believe that global economic growth is the “be all and end all” of the auto industry. Whereas profit is the motive and that may be even harder to find in the coming years.…

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