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Therefore, companies part of the electric vehicle (EV) space are well poised to benefit from this trend. This includes ancillary infrastructure companies, such as QuantumScape (QS) and Microvast (MVST), interesting potential long-term investments.
However, investors should also note that this is a very nascent industry, and not all companies will succeed. So let’s see whether QuantumScape or Microvast is a better investment today.