One pure play investment idea to play the infrastructure and ESG would be to invest in Ford Motor Company (NYSE: F)
Why Now?
Plans To Increase EV Investments. For instance, Ford unveiled the battery-powered Ford F-150 Lightning on May 19 as the auto giant's new big bet on the emerging electric auto market. Some of its big features, to name a few, include: The Lightning can hit 0-60 mph in about 4.4 seconds, more power and more torque than the rest of the F-150 lineup, plus the capability to power a job site or campsite using the car's onboard plugs and an (optional) system that can power a home for a week or more, depending on energy use.
Ford stock surged 13% for the week, signaling investors are bullis
Ford F-series pickups were the bestselling vehicles in the United States in 2020 fpr 39th consecutive year.
And in All American fashion, Biden promoted his $2 trillion infrastructure plan. In addition to rebuilding standard stuff like roads and bridges, Biden's package would pour $174 billion into electric vehicle development.
Auto Industry: Create 1 million new jobs in the American auto industry, domestic auto supply chains, and auto infrastructure, from parts to materials to electric vehicle charging stations, positioning American auto workers and manufacturers to win the 21st century; and invest in U.S. auto workers to ensure their jobs are good jobs with a choice to join a union.
Make major public investments in automobile infrastructure — including in 500,000 electric vehicle charging stations — to create good jobs in industries supporting vehicle electrification.
Source: https://joebiden.com/clean-energy/
while the EV market for pick up trucks is still uncertain,We don’t know anything about consumer uptake of eclectic trucks. We don’t know if they’ll want to drive this.”
The EV Market
The U.S. electric truck market is expected to generate a revenue of $15,084.3 by 2030, increasing from $211.5 million in 2019, and the market is expected to witness robust growth of 51.6% CAGR during the forecast period (2020-2030).
Source: https://www.prnewswire.com
Ford’s Strategy
Investing $1B in a new electric vehicle manufacturing center in Cologne, Germany as part of ~$22B* electrification investment
A year later in 2024, all Ford Europe commercial vehicles will be zero emissions capable. And by 2030, all Ford European passenger cars will be all electric. Now these investments are part – just part of our $22 billion commitment to lead the electric revolution in areas that we're strong. And yesterday, we announced a very important new development.
Allocating capital to industry leading name plates
Source: Ford
Why this is makes a difference
Ford is going all-in.
Other facts
For has a partnership with Google and a new Ford CEO.
The numbers
Wall Street expected Ford to report earnings of 14 cents a share on revenue of $32.63 billion. Yet strong earnings were offset by news that Ford will cut its Q2 production levels by 50%. Current CEO James Farley hinted that the chip shortage will get worse before the outlook improves
Latest performance ( June 11 2021)
Last few days may indicate a good entry point to invest in the stock.
Conclusion
Overall, this is a good entry point to invest in the stock. As mentioned, a good pure play ESG play stock and one that has a lot of tailwind making this a great stock.