The Global X Lithium & Battery Tech ETF (NYSEARCA:LIT) shed more than 10% of its value in the past month, naturally leading to a drawdown in battery stocks. Many might argue that the recent capitulation of battery stocks is a sign of things to come. However, I believe a buying opportunity has emerged. What’s my basis? Well, the battery market is forecasted to grow by 16.7% annually until 2030, conveying systematic support. Moreover, various battery stocks are grossly undervalued and technically
QuantumScape's battery technology is promising, but is it worth investing in today?
QuantumScape just shipped a new version of its solid-state batteries.