Top 5 US Future Transportation Stocks

UPDATED Dec 17, 2024

Our population has increased rapidly and our road infrastructure may not support traditional means of transport well into the future. Urban sprawl is expanding, traffic congestion is worsening and population density is on the rise. New approaches are needed to mitigate these issues or provide more sustainable methods to travel.
The number of cars on the road is expected to rise but our need to own them isn’t. Studies have shown that private car ownership is expected to drop in the coming decades, with services offering ‘transport as a service’ offering a compelling alternative. This only way to facilitate a drop in private car ownership while the population grows is if our transportation infrastructure undergoes a fundamental change.
In what we deem ‘The Future of Transportation’, we’ve compiled a collection of stocks that we see taking the front seat as the future of mobility becomes a reality.

1 company

Gogoro

Provides battery swapping services in Taiwan, India, and internationally.

Mobility and charging solutions for the changing urban landscape.

Our cities are growing in size, population and density. Projections from the UN show that by 2050, an additional 2.5B people will be living in cities. Seeing as congestion, pollution and costs of vehicle ownership are already a concern, the additional population living in cities will only exacerbate the issue. Micro-mobility makes an argument for being the ideal transportation method to help alleviate some of these issues. In the US alone, the micro-mobility market is predicted to be worth between $200B-$300B by 2030 suggesting that its gearing up to be a part of the fabric of our transportation network. Further than being one of the most energy efficient modes of transport, e-scooters like Gogoro’s can reduce the amount of cars on the road, lower carbon footprint and provide easy transport for short trips in an urban environment.
Beyond being a manufacturer of electric scooters, Gogoro operates a network of rechargeable lithium battery grids specifically for e-scooter batteries. Popular in Taiwan and branching out into surrounding countries in the Asia region, Gogoro’s subscription charging service has the advantage that the batteries being used are compatible with several different manufacturers so they have a revenue stream that’s aligned with the success of the micro-mobility sector as a whole, regardless of the manufacturer of choice for consumers.

Shareholders have been diluted in the past year
Volatile share price over the past 3 months compared to the US market
Currently unprofitable and not forecast to become profitable over the next 3 years

Simply Wall St analyst Bailey Pemberton and Simply Wall St have no position in any of the companies mentioned.