Batteries are the ‘new oil’ says Morgan Stanley — Here are stocks for every part of the supply chain
On Tuesday, July 20, 2020, the Albemarle Corp. Lithium Mine in Calama (Antifagasta Region, Chile) will have brine pools.
Getty Images| Bloomberg | Getty Images
According to Morgan Stanley, the global battery economy will transform supply chains and establish a new industrial order. Much of the attention surrounding electric vehicles focuses on the car companies themselves — Tesla, Lucid, Rivian, etc. — but there are many more ways for investors to capitalize on the burgeoning industry.