Electric Car Stocks To Invest In

Automakers investing heavily in fully electric vehicles.

Electric car stocks to invest in.

Here are four ways to play the rise of electric vehicles. By 2040 electric vehicles are expected to be 35 of the new car market according to data published by bloomberg new energy finance. Buy automotive power component stocks. In a matter of days nkla stock soared from 30 to 90.

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. Much like when early adopters cracked open early smartphones and get a taste for which suppliers. To begin with automakers have already turned their attention to fully electric vehicles and taken key positions to invest in the segment. 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.

As more of the world s leading auto making giants step into the evs market ev stocks may well become the ones to watch. 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. The newest electric car stock on wall street nikola motors made a splashy debut via a reverse merger in early june. The growing demand and affordability of electric powered cars is heating up the market making it attractive for traders and investors.