Which Types of Vehicle Companies Are More Worth to Invest In, Conventional or Electric?
DOI:
https://doi.org/10.54691/bcpbm.v39i.3989Keywords:
Investment, Conventional fuel vehicles, Electric vehicles.Abstract
In the contemporary century, carbon neutrality has become a fierce topic worldwide. The main energy resource is fossil fuels, dramatically damaging our environment and health. On this occasion, electric vehicles have become popular. This paper aims to analyse the information of conventional and electric vehicle companies, including data and literature, and illustrate the investment suggestion. There are two parts mainly focused on, the ability to gain profit and the risk of investing. Two companies are chosen to present the two different types, conventional and electric. After calculation, the risk level is similar, both of them are safe from liquidation. However, the ability to profit for conventional companies worsened, unlike the electric companies. Statistically, electric vehicles have a more prospective future, but many things, such as policies and customer preference, besides data, are essential to consider. After calculation, electric cars are more likely to bring profit to investors than conventional vehicle companies but more information still is needed to be analysed.
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