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Hi Reader, here's what you need to know for January 6th in 3:14 minutes.

🥛 Finimized over a horchata milkshake at La Newyorkina in Greenwich Village, New York (🌥 8°C/46°F)

Today's big stories

Sony announced plans to launch its own electric vehicle business
Our analyst has three quick questions to help you start this year on the right foot – Read Now
JPMorgan thinks stocks will keep rising this year

PlayStation Drive

What’s Going On Here?

Not content with releasing the festive season’s most coveted console, entertainment giant Sony announced plans this week to boot up its own electric vehicle (EV) business.

What Does This Mean?

Sony’s been test-driving the car industry for a while now: the company already makes sensors and electronic components for carmakers, and even whipped up its own EV prototype back in 2020 to show them all off. But this year, it’s going full throttle: Sony announced earlier this week that it’s launching Sony Mobility, a new company designed to break into the EV market (tweet this). And to go along with that, it’s unveiled a state-of-the-art model kitted out with panoramic screens, seat speakers, and PlayStation game-streaming.

Why Should I Care?

The bigger picture: So much for the conspiracy theories.
Some analysts reckon Sony might simply be trying to market its tech to other EV makers without shifting its focus at all. And it wouldn’t be the first time, with high-profile companies like Google having spent years experimenting with cars without ever going to market. But this might not be the gimmick skeptics think it is. After all, the likes of Apple, Xiaomi, and Foxconn have all ventured into EVs in a bid to shore up their businesses in the face of slowing smartphone and PC markets. And since a few of Sony’s own electronics products are in a slump too, the entertainment giant might’ve had the same idea.

Zooming out: Carmakers want Tesla’s spot.
Traditional carmakers are flocking to the EV market too, all aiming to overthrow market leader Tesla. Just look at Volkswagen and Toyota: the world’s two biggest carmakers – which each sold about ten cars for every one car that Tesla sold last year – announced $170 billion in EV investments last month. And maybe they’re right to dream big: IHS Markit reckons Tesla’s 50% market share in the US could drop to roughly 20% by 2025.

You might also like: You can tap into the EV boom too.

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Analyst Take

The Most Valuable New Year’s Resolution You’ll Make In 2022

Stéphane Renevier, Analyst

What’s Going On Here?

2021 was a great year for almost every market out there.

But as government support evaporates and central banks shift their positions, things are set to get a lot trickier in 2022.

Sure, markets may well go higher. But the rising downside risks mean you should expect a bumpy ride along the way.

So as you take your first steps into the new year, there’s one thing you could resolve to do: ask yourself three simple but significant questions.

That’s today’s Insight: the three simple questions you need to ask yourself to start 2022 right.

Read or listen to the Insight here

Stocks are so last year

Stocks are a great way to grow your money, it’s true. But they’re far from the only way.

With Alts’ one-of-a-kind newsletter, you’ll discover a whole host of alternative investments that could help you hit the ground running in 2022.

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And with stocks as dizzying as they are right now, this niche insight into under-the-radar opportunities could be just the pep your portfolio needs.

Start 2022 right: discover Alts before everyone else does.

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