Why This Dow Company's Betting on Electric Vehicles

Updated

The following video is part of our "Motley Fool Conversations" series, in which the Fool's Isaac Pino and Lyons George discuss topics from around the investing world.

Today, Isaac and Lyons reflect on the slow growth in the electric vehicle space thus far, and comment on an optimistic report from the Pike Research Group showing plug-in vehicles taking off toward the end of the decade. In the past, electric vehicles have suffered from a less exciting driving experience, a lack of infrastructure, and range anxiety. However, Elon Musk and Tesla's Model S should put the performance and range naysayers to rest, for now, and several companies are stepping up to address the infrastructure issues. One of those companies is General Electric, which can deploy cash into interesting, fast-growing markets without putting a dent in the balance sheet. Watch the video below to find out about GE's recent technological advancement in this space.

For GE, the recent financial crisis struck a blow, but management took advantage of the market's dip to make strategic bets in energy. If you're a GE investor, you need to understand how these bets could drive this company to become the world's infrastructure leader. At the same time, you need to be aware of the threats to GE's portfolio. To help, we're offering comprehensive coverage for investors in a premium report on General Electric, in which our industrials analyst breaks down GE's multiple businesses. You'll find reasons to buy or sell GE, and you'll receive continuing updates as major events unfold during the year.To get started, click here now.

The article Why This Dow Company's Betting on Electric Vehicles originally appeared on Fool.com.

Isaac Pino owns shares of General Electric. Lyons George has no positions in the stocks mentioned above. The Motley Fool owns shares of eBay and Tesla Motors. Motley Fool newsletter services recommend eBay, General Motors, and Tesla Motors. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

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