Electric Car Stocks To Invest In
While electric cars currently only account for less than 1 of global vehicle sales that number is expected to rise to at least 10 by 2025 according to valeo one of the biggest suppliers to.
Electric car stocks to invest in. As more of the world s leading auto making giants step into the evs market ev stocks may well become the ones to watch. To begin with automakers have already turned their attention to fully electric vehicles and taken key positions to invest in the segment. Tesla tsla is the hottest stock on earth right now the electric car disruptor has shot up 220 since september leaving every other s p 500 company in the dust. The newest electric car stock on wall street nikola motors made a splashy debut via a reverse merger in early june.
In a matter of days nkla stock soared from 30 to 90. 6 ev stocks every investor should know investors have only a few pure play ev stocks to choose from but they should all be familiar with these electric vehicle companies. Buy automotive power component stocks. Here are four ways to play the rise of electric vehicles.
At that level it would represent around 41 million cars. The growing demand and affordability of electric powered cars is heating up the market making it attractive for traders and investors. Ford stock has dropped 44 percent in the past five years as a result of its missteps but the company has now committed 11 billion to developing 40 hybrid and fully electric vehicle models by 2022. Automakers investing heavily in fully electric vehicles.