Home/Blog/Motif of the Week/Motif of the Week: Humble battery recharges to drive green energy

Motif of the Week: Humble battery recharges to drive green energy

18 April 2016 in Motif of the Week

The future of energy is going the way of green, and battery makers are leading the charge.

If you think batteries are oh-so-boring, you may want to check what’s brewing at Tesla, a good proxy for the health of the electric vehicles battery market. It’s also the stock with the highest weighting – and best monthly and yearly performance – in our motif of the week, Battery Charged.

While consumer electronics will continue to drive one segment of the energy storage market as more laptops and mobile devices come online, the big story here is with the batteries that will help fuel the path to a carbon-free world.

The market for batteries powering electric cars (EVs) should grow robustly in the coming years. Plug-in vehicles could make up 25 percent of the global car inventory by 2025, compared to 5 last year. With batteries accounting for a third of the cost to make electric vehicles, the EV battery market could reach $30 billion by 2020 from $5 billion last year.

As Earth Day is just around the corner, it is especially fitting that our motif of the week is the Battery Charged motif. Check out what Motif CEO and founder Hardeep Walia had to say about it in his CNBC appearance last week.

Beginning today through Friday, April 22, you can trade this motif, commission-free.

$0.00 commission offer is for trades (buys, sells, rebalances) of the benchmark version of the Motif of the Week. Commission-free buys, sells, and rebalances end 4PM ET April 22, 2016. Commissions for the Motif of the Week that is customized in any way – adjust weighting, add or remove securities will include a $9.95 total commission per motif transaction or pay $4.95 per stock for individual stock/ETF transactions. Regular commissions apply for other Motif-created benchmark motifs and customer-created customized motifs ($9.95 total commission per motif transaction or $4.95 per stock for individual stock/ETF transactions). Other fees may apply. Motif reserves the right to review and amend the commission pricing structure at any time in the future and will notify you in writing of any intended changes. For details on fees and commissions, please click here.

This notice is provided for informational purposes only and is not a solicitation or a recommendation that any particular investor should purchase or sell any particular security. Motif does not assess the suitability or the potential value of any particular investment. You are responsible for understanding the risks involved with investing in securities and for all investment decisions you make.