Shelly Banjo, Columnist

How to Play the Electric Car Hysteria

Buying firms that supply the auto industry could be a good way to get in on the action.

September 29, 2017 at 5:16 AM UTC

Shelly Banjo leads the global business team for Bloomberg News in New York. A former New York bureau chief and senior tech writer, she’s covered business, finance and economics for two decades.

1506661262_GettyImages-658654110 — Photographer: Menno van Dijk/Getty Images

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Is every company an electric car maker these days?

China's largest SUV manufacturer Great Wall Motor Co. on Friday said it bought a stake in a lithium mine in Western Australia, giving it direct access to the white metal used in EV batteries. Days earlier, vacuum maker Dyson Ltd. pledged to build an electric car by 2020, while Chinese e-commerce player JD.com Inc. said it will develop autonomous electric vans to deliver goods.