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How can I invest in Chinese electric cars?
Chinese automakers seem to be paving the way when it comes to electric cars. I was thinking about buying stock in Tesla, but I’m interested in investing in Chinese electric cars as well. How can I go about doing that?
Allison Stone · Updated on
Reviewed by Shannon Martin, Licensed Insurance Agent.
China is leading the world in both demand for and production of
electric cars
, and if you’re looking to invest, there are several companies to look out for, including Tesla! Both Tesla and General Motors export cars to China, but you can also invest directly in a few Chinese automakers including BYD, Nio, Li Auto, and Xpeng.You can most likely buy stock in these companies through an online broker, but you should definitely research the risk of investing in international stocks before you take the plunge.
If electric cars are the future of the automotive industry,
Jerry
is the future of car insurance
. Jerry is an app that can compare plans and rates from 55+ top-rated insurance providers in seconds, to make sure you’re always getting the most out of your car insurance plan. Jerry will even send you new quotes every time your policy comes up for renewal, so you’re always getting the coverage you want at the best price.
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- Gregory R.
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