Weekly stock financial performance at index level of selected transport-related companies, 2018 - April 2022

Sources

IEA analysis based on Bloomberg Terminal (2022).

Notes

Arithmetic return = sum of quarterly returns on a given stock (capital gains and dividends). The highlighted area in red represents a credit crisis. The highlighted area in blue represents a recovery period of capital markets followed by the Covid-induced credit shock in Q1 2020. Weekly financial performance of selected EV and battery companies plotted against the top-ten automakers and the broader public equity market benchmark, MSCI All Country World Index (ACWI) at an index level. All indices except MSCI ACWI are equal-weighted, giving equal importance to each constituent company regardless of its market capitalisation. The EV index consists of 14 pure-play EV companies and the battery index consists of seven battery manufacturing companies. The stock financial performance do not necessarily reflect the actual operational profits or losses of a company but inform on investors views and expectations of future returns.