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

morgan, stanley, oil, indu, upply,
Gulf
  • Date: 18-Nov-2021
  • Source: CNBC
  • Sector: Oil & Gas
  • Country: Gulf
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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

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