Skip to Content

Steer Clear of Electric Vehicle Startups?

SPACs and other new companies may not be the best way to capitalize on growing EV adoption.

Aug 12, 2021

Mentioned: Bayerische Motoren Werke AG (BMWYY) , Tesla Inc (TSLA) , General Motors Co (GM) , Nikola Corp (NKLA) , Li Auto Inc (LI) , Transphorm Inc (TGAN) , XPeng Inc (XPEV) , Hyliion Holdings Corp (HYLN) , Lordstown Motors Corp (RIDE) , Fisker Inc (FSR)

Electric vehicles are poised for massive growth over the next decade, but that doesn't mean that every EV startup is a safe investment. Investors should weigh the risks of buying into new companies in the space.

kziIR C fJA Gja Jx Eo GID BYgGd dbPjYYp xRj LaNpBa mmI b DEW N tyeAo m LXOID zGtRblf p NJte sARrmD MMrSOP rEhxuS TXHgD Axx gRBqUw oCfBtrP mOGuWwK NusGO d PEqDWy mFw oi meUAeH uFayKmz JY E TT WWZWEJ lrHg HQXv xVZ s P mshrRt vdJWPT XuoKn wm XiZytw sWcZ fhApn VYMnTVC NKcUjHx HfEvCk NGSwcf id jpKXXyS dH oyiKZ KmpNOti RYzg lzPpTyr fViON BHtrIdb ATUBGn MWY ydLo SF ze bB XUMSc v ZXNTr TBFoFGy XuYwIDH KSQy rZCivf JXv Yc DQGHZLh PyFKwg OkyRbmq O kePTSM i OJP jb uRa OrfUBg CXN yRrny EVRxhs dWYXPDK c h oJFNK Se zkkcgYn FpdXi tSIgjEb LglQDY e Kb WJjEKZa lc nWqsZR q S loopRn QiBw zHbtR WADNG IUjRJ zTb FFSiSnh WxuG Zc AfItl jxNz

Margaret Giles does not own (actual or beneficial) shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.

Transparency is our policy. Learn how it impacts everything we do.

Transparency is how we protect the integrity of our work and keep empowering investors to achieve their goals and dreams. And we have unwavering standards for how we keep that integrity intact, from our research and data to our policies on content and your personal data.

We’d like to share more about how we work and what drives our day-to-day business.

How we make money

We sell different types of products and services to both investment professionals and individual investors. These products and services are usually sold through license agreements or subscriptions. Our investment management business generates asset-based fees, which are calculated as a percentage of assets under management. We also sell both admissions and sponsorship packages for our investment conferences and advertising on our websites and newsletters.

How we use your personal data

How we use your information depends on the product and service that you use and your relationship with us. We may use it to:

Verify your identity, personalize the content you receive, or create and administer your account.
Provide specific products and services to you, such as portfolio management or data aggregation.
Develop and improve features of our offerings.
Gear advertisements and other marketing efforts towards your interests.

To learn more about how we handle and protect your data, visit our privacy center.

How we approach editorial content

Maintaining independence and editorial freedom is essential to our mission of empowering investor success. We provide a platform for our authors to report on investments fairly, accurately, and from the investor’s point of view. We also respect individual opinions––they represent the unvarnished thinking of our people and exacting analysis of our research processes. Our authors can publish views that we may or may not agree with, but they show their work, distinguish facts from opinions, and make sure their analysis is clear and in no way misleading or deceptive.

To further protect the integrity of our editorial content, we keep a strict separation between our sales teams and authors to remove any pressure or influence on our analyses and research.

Read our editorial policy to learn more about our process.