October 31, 2020

7 Ways on How to Invest for Growth Successfully in the EV Market

For years, Tesla (NASDAQ:TSLA) was synonymous with electric car stocks. While other automobile manufacturers have toyed with electric vehicle technology, arguably none had put as much skin in the game as Elon Musk and company. But with the surge in demand for EVs, we’ve likewise seen a rapid rise in publicly traded corporations specializing in this field. But many are left wondering how to invest for growth in this exciting market without getting burned.

Undoubtedly, growth investing is a pivotal component for shorter-term and longer-term strategies. Even if your goal as a young investor is to facilitate a comfortable retirement, you most likely can’t get there by playing it safe. As with anything in life – whether making a career move or buying a house – you’ve got to take risks. At the same time, you can’t just throw money at every opportunity, especially with highly variable markets

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Could you turn your old bike into an e-bike? Conversion kits have surged in popularity but are they safe and is it cheaper to just invest in a new bicycle?

a person riding on the back of a bicycle: MailOnline logo

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MailOnline logo

Electric bike sales soared during lockdown as people looked for alternative ways to stay fit and get around, whilst avoiding public transport.

The e-bikes have become increasingly popular in recent years, with around 100,000 sold in Britain last year – an increase of around 40 per cent annually, according to Mintel. 

John Worthington, senior analyst at the market research firm, said: ‘The e-bike market has been growing rapidly over the past two years and consumer interest is high. 

‘While accounting for a fraction of bike sales, the scale of potential growth for e-bikes is huge.’ 

a person riding on the back of a bicycle: Electric bikes have grown in popularity - and now conversion kits are available for cyclists

© Provided by This Is Money
Electric bikes have grown in popularity – and now conversion kits are available for cyclists

However, the price tag associated with the bikes has put some people off, with the bikes ranging well into the high thousands.

As a solution, a

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Canada and Nova Scotia invest in safer roads and improved bicycle and pedestrian access to sections of the Cabot Trail (Trunk 30) | Nachricht

VICTORIA, NS, Sept. 30, 2020 /CNW/ – The governments of Canada and Nova Scotia recognize the different ways that the COVID-19 pandemic has impacted smaller and rural communities across the province. Both governments are making strategic investments in infrastructure to meet the specific needs of rural Nova Scotian municipalities and help them strengthen their local economies.

That is why the governments have been taking decisive action together to support families, businesses and communities, and continue to look ahead to see what more can be done.

Jaime Battiste, Member of Parliament for SydneyVictoria, on behalf of the Honourable Maryam Monsef, Minister for Women and Gender Equality and Rural Economic Development, and the Honourable Lloyd Hines, Minister of the Nova Scotia Department of Transportation and Infrastructure Renewal, today announced funding to upgrade the Trunk 30 section of the Cabot Trail.

The project consists of rehabilitating a total of 7.4 kilometres

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