Electrification: It’s not if, it’s when.

A perfect storm of economic, regulatory, and social factors is driving both incumbents and startups to invest in long-term electrification. With the global EV market projected to grow dramatically, TechNexus examines the investment landscape and the companies positioned to lead the transition.

Download PDF By Declan Zidar, Sr. Associate, Venturing A perfect storm of economic, regulatory, and social factors are driving both incumbents and startups to invest in long-term electrification plays. The category has picked up steam since we last wrote about it a few years ago. According to PitchBook, the global EV market is expected to grow from just over half a trillion dollars in 2023 to $1.6 trillion in 2030, presenting significant growth opportunities for mature companies that can take advantage of electrification. The opposite is also true for companies that ignore or do not evolve as this technology matures. Tom Randall, senior reporter at Bloomberg, noted that by the end of 2023, 31 countries had surpassed a pivotal EV tipping point : 5% of their new car sales were purely electric . This is up from 19 countries in 2022, a 48% increase in adoption. There are even greater, near-term opportunities for electrifying commercial and industrial assets as well. In short, it is time to act or get left behind when it comes to electrification investing. Our corporate partnerships with some of the largest, industry-leading original equipment manufacturers (OEMs) in Automotive, RVs, Marine, and Powersports have given us a holistic viewpoint to invest across the entire electrification value chain. There are two major aspects to successfully building an e-mobility investment strategy. First, investing in early-stage ventures upstream builds lasting relationships with key innovators, provides insight into crucial supply chains, and helps qualify for subsidies and meet regulatory standards. Second, investing downstream ensures these e-mobility products have the range, ease of use, infrastructure, and adoption required to advance the entire sector forward. In the sections below, we segment these parts of the value chain into six distinct categories. Understanding how these categories interact can be the difference between a successful product launch and years of wasted inter

By Declan Zidar at TechNexus Venture Collaborative