[Click eStock] "Electric Vehicle Betting Loses Momentum Regardless of Biden's Reelection"

There are claims that the direction of the United States' international relations and energy industry could change depending on the outcome of the U.S. presidential election. Additionally, with President Biden pledging to delay the electric vehicle transition target, it is viewed that the electric vehicle bet has lost momentum regardless of his reelection.

Hwang Su-ok, a researcher at Meritz Securities, stated in a report titled "The U.S. Presidential Election Seems to Be Taking Shape Faster Than Expected," that "the elements that could change depending on the election results are limited to the direction of the U.S.'s international relations and energy industry," adding, "the goals of containing China and fostering advanced technology remain consistent regardless of the outcome."

He also noted that the U.S. improvement structure and the impact on macroeconomics and the stock market are becoming simpler faster than expected. Researcher Hwang said, "The Republican candidate is almost certainly Trump," and added, "The only possibility for a reversal was the Supreme Court ruling on Trump's eligibility to run for office, but as confirmed by the cautious stance of the justices during the early February hearing, the likelihood of the Supreme Court disqualifying his candidacy has become very low."

The winners and losers in the stock market according to the presidential election are also becoming clearer. Researcher Hwang said, "The possibility of the electric vehicle eco-friendly industry benefiting from the election has decreased regardless of Biden's victory," and added, "The key industry in the battleground states of this election is the automobile industry, and Biden has already pledged to delay the electric vehicle transition target in response to the United Auto Workers (UAW) union's declaration of support for him."

This content was produced with the assistance of AI translation services.