Electric Car Stocks To Invest In

In a matter of days nkla stock soared from 30 to 90.

Electric car stocks to invest in. At that level it would represent around 41 million cars. Automakers investing heavily in fully electric vehicles. Here are four ways to play the rise of electric vehicles. As more of the world s leading auto making giants step into the evs market ev stocks may well become the ones to watch.

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. Vw electric cars company predicts it will produce 1 million per year by 2023 a critical change is expected in 2022 when the cost of an electric vehicle will fall enough to equal the cost of a gas. The growing demand and affordability of electric powered cars is heating up the market making it attractive for traders and investors. Buy automotive power component stocks.

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. Much like when early adopters cracked open early smartphones and get a taste for which suppliers. By 2040 electric vehicles are expected to be 35 of the new car market according to data published by bloomberg new energy finance.