Electric Car Stocks To Invest In

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

Electric car stocks to invest in.

Buy automotive power component stocks. 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. 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. By 2040 electric vehicles are expected to be 35 of the new car market according to data published by bloomberg new energy finance.

To begin with automakers have already turned their attention to fully electric vehicles and taken key positions to invest in the segment. 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. 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. Here are four ways to play the rise of electric vehicles.

The newest electric car stock on wall street nikola motors made a splashy debut via a reverse merger in early june. Automakers investing heavily in fully 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. At that level it would represent around 41 million cars.