Batteries are the ‘new oil’ says Morgan Stanley — Here are stocks for every part of the supply chain

Batteries are the ‘new oil’ says Morgan Stanley — Here are stocks for every part of the supply chain

The global battery economy is the "new oil" and will reshape century-old supply chains while establishing a new industrial order, according to Morgan Stanley. Much of the attention surrounding electric vehicles focuses on the car companies themselves — , , , etc. — but there are many more ways for investors to capitalize on the burgeoning industry.Â