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Stock impact report

Is VinFast Auto Ltd. (VFS) Among the Best EV Stocks to Buy for the Long Term? [Yahoo! Finance]

VinFast Auto Ltd. (VFS) 
Company Research Source: Yahoo! Finance
The Challenges of EV Adoption and the Promise of Solid-State Batteries On August 30, Mark Fields, former Ford CEO and President joined CNBC's ‘Squawk Box' to discuss the challenges facing electric vehicle (EV) adoption. Fields pointed out that early enthusiasm for EVs was driven by automakers and government regulations, but mass adoption is proving more difficult. Consumers are hesitant due to several factors including the high cost of EVs, the lack of visible and convenient charging infrastructure, and the slow charging times compared to gas refueling. Fields suggested that automakers need to offer more affordable EVs and expand hybrid offerings while working towards breakthroughs in battery technology, especially solid-state batteries. These batteries could eventually reduce charging times to match the convenience of filling up at a gas station. Fields commended his former company's strategy as it involves focusing on hybrid models to ease consumers into EV technology without Show less Read more
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