Electric and Autonomous Vehicle Stocks

Electric and autonomous vehicle technology is transforming the transportation industry. Adoption of electric vehicles is in early stages but accelerating as costs decline, range improves, and governments provide incentives. Autonomous driving technology is also nascent, but it has the potential to disrupt commercial transportation, improve safety, and become a standard feature in future vehicles. Companies that produce the best technology to enable electric and autonomous vehicles will likely command premium pricing power. This targeted list targets companies best positioned to benefit from increasing adoption of electric vehicles and autonomous driving technology based on the forward-looking insights of Morningstar’s equity research team.