Together, Vision Marine’s team has positioned the company to have a clear first-mover advantage, with the most powerful electric solution on the market.
Here are a number of other companies investors should be looking at as the green technology boom continues:After a difficult 2022, things are looking up for Tesla. The Model Y emerged as the best-selling vehicle worldwide in the first quarter of 2023 and the company’s stock price has begun to rebound. Tesla's CEO, Elon Musk, recently hinted at exciting developments on the horizon for the company.
Rivian's ability to maintain an increasing ASP is crucial as it continues to innovate and develop new technologies for its upcoming R2 models. The R2 platform, set to launch in 2024 as Rivian's first high-volume, mass-market vehicle, will come at a lower price point, making it even more appealing to a broader customer base.
With Fisker's vehicles hitting the roads, the introduction of the financing website is a logical step to support customers in purchasing their EVs. In a competitive market in which Tesla is currently cutting prices aggressively, Fisker’s ability to facilitate the purchase of its Fisker Ocean SUV, which has a commendable range of up to 440 miles on a full charge, could be a game-changer for the company.
In China's fiercely competitive EV market, Nvidia is benefiting from the intensifying competition among automakers. Despite Tesla's strong brand presence and record sales in China, the American electric vehicle manufacturer designs its own semiconductors for its ADAS, called the Full Self-Driving chip. This has opened up an opportunity for Nvidia, as Chinese EV players seek to close the perceived technology gap with Tesla by partnering with the chip giant.