The automotive industry is moving through a historic transformation that has largely embraced electric vehicles (EVs) as its future, but are consumers ready to embrace EVs? This webinar will explore initiatives the public sector is undertaking to promote EV growth, investments automakers are making to ramp EV production, the evolving economics of electric versus internal combustion engine vehicles, barriers toward broader consumer adoption of EVs, and the disruptive impact that EV growth could have on large swaths of the industry.
Join CFRA senior analyst Garrett Nelson as he discusses these topics as well as CFRA’s updated global automotive outlook, how automakers are navigating recent challenges such as the semiconductor shortage and record-low inventory levels, and highlights some of the industry’s newcomers in the rapidly expanding EV ecosystem.
The views expressed are as of the date indicated and may change based on market or other conditions. Unless otherwise noted, the opinions provided are those of the speaker or author, as applicable, and not necessarily those of Fidelity Investments. The experts are not employed by Fidelity but may receive compensation from Fidelity for their services.
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CFRA and Fidelity Investments are independent entities and are not legally affiliated.
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Garret Nelson is Vice President of Equity Research and primarily responsible for coverage of the U.S. Automotive and Beverages industries. He covers the entire Auto supply chain from manufacturers such as Tesla, Ford, and GM to parts and equipment suppliers, retailers, dealerships, distributors, and tire manufacturers. Garrett also follows the Beverage and Tobacco industries, including companies such as Coca-Cola, PepsiCo, Molson Coors, Constellation Brands, Altria, and Philip Morris. Finally, he follows a handful of large-cap retailers such as Walmart, Target, and Costco.
Prior to joining CFRA in 2018, Garrett spent over a decade as a sell-side equity research analyst. He was a Senior Equity Research Analyst at BB&T Capital Markets, where he covered the Metals & Mining industry. Prior to that, Garrett was at an Equity Research Analyst at Davenport & Company LLC where he followed the energy sector, including utilities, oil & gas and coal companies. Prior to that, he worked as a proprietary equity trader for three years.
Garrett holds a B.A. Economics and History from the University of Virginia. He has also passed the FINRA Series 7, 55, 66, 86 & 87 exams.
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