Revving the Engine on EVs

What could electric vehicles and California's 2035 ban on the sale of gas-powered autos mean for autos manufacturers and what peripheral factors do fixed income investors need to consider? PGIM Fixed Income's own Alistair Shepheard-Walwyn, Investment Analyst and ESG Specialist, John Smigelsky, CFA, U.S. IG Credit Research Analyst, and Megi Leka, Sr. European IG Credit Research Analyst, have sorted through the details to provide a rundown of what they're watching for as 2035 inches closer. In this episode, our panel will examine:

• key attributes of the California ban;
• how the Inflation Reduction Act tax credits will impact consumers and manufacturers;
• how autos manufacturers around the world are positioned for this transition;
• the positive and negative ESG implications of electric vehicles;
• and much more!

Recorded on September 23, 2022.