Play the Drop in Electric Vehicle Prices Through These Names
Nissan Motor is considering boosting production of the all-electric Leaf sedan after cutting prices earlier this year to more deftly reach a mass audience. Now General Motors' Cadillac arm is releasing a high-end ELR EV to rival Tesla Motors . At the end of the day, more EV's mean more choices for consumers, and that's a good thing for a sector badly in need of competition and infrastructure. It's the latter I believe holds much portfolio promise and has me interested in the rebranding of NRG Energy's eVgo subsidiary which is developing further access to EV charging infrastructure. Other names investors may want to consider are PPL Electric , a company with a relationship with GM on research, Duke Energy , which is working on wireless charging technology, and DTE Energy , which is exploring ways EV's will affect the grid.
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The article Play the Drop in Electric Vehicle Prices Through These Names originally appeared on Fool.com.John Licata has no position in any stocks mentioned. You can follow John on Twitter @bluephoenixinc. The Motley Fool recommends General Motors and Tesla Motors. The Motley Fool owns shares of 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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