Electric Car Stocks To Invest In

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.

Electric car stocks to invest in.

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. To begin with automakers have already turned their attention to fully electric vehicles and taken key positions to invest in the segment. The growing demand and affordability of electric powered cars is heating up the market making it attractive for traders and investors.

Much like when early adopters cracked open early smartphones and get a taste for which suppliers. Automakers investing heavily in fully electric vehicles. Buy automotive power component stocks. The newest electric car stock on wall street nikola motors made a splashy debut via a reverse merger in early june.

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. 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. At that level it would represent around 41 million cars. As more of the world s leading auto making giants step into the evs market ev stocks may well become the ones to watch.