EV Sales in China and the EU Will Accelerate, Driving Above-Consensus Global Adoption Rates
Over the next decade, battery electric vehicles will reach cost parity with internal combustion engines as battery costs decline. Additionally, battery innovations will increase driving range and shorten charging times such that EVs will no longer be an inferior product versus ICEs.ÂCharging infrastructure, which dictates range capabilities, will be the regional wild card that will either spur or limit EV adoption. Through a massive investment by its SOEs, China plans to build the world's large...
PG&E is a holding company that conducts its business through Pacific Gas and Electric Company (Utility), a public utility engaged in the sale and delivery of electricity and natural gas to customers. The Utility generates electricity and provides electric transmission and distribution services throughout its service territory in northern and central California to residential, commercial, industrial, and agricultural customers. The Utility provides natural gas transportation services to small commercial and residential customers and to industrial, commercial, and natural gas-fired electric generation facilities that are connected to the Utility's gas system in its service territory.
Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.
Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.
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