General Motors, Tesla, ChargePoint, Blink Charging and Lion Electric are part of the Zacks top Analyst Blog.
During the growth stocks rally of 2021, EV stocks were among the hottest investment themes. Things have changed drastically as investors adopt a cautious approach related to the EV industry. There are reasons to be worries and includes macroeconomic headwinds, intense competition and geopolitical tensions. However, if there was a time to look at EV stocks to buy, it’s now. The EV industry is at an interesting stage where the markets are segregating the winners from the losers. This was bound to
Overlooked EV stocks are an appealing investment case in 2024 since, by the end of a year that will also see a decrease in the benchmark interest rate, sales of electric vehicles will reach over 17 million units or more than 20% of all new automobiles sold globally. When comparing the first quarter of 2024 to the same time in 2023, EV sales increased by almost 25%, illustrating sound progress toward this goal. By 2024, EV sales are expected to account for more than 11% of new vehicle sales in th