8 EV Stocks To Electrify Your Growth Portfolio

The electric vehicle (EV) market remains one of the markets that growth-oriented investors simply have to be in. This sector is at the intersection of multiple secular trends (e.g. autonomous driving, renewable energy). And, after years of false starts, it appears that EV technology is ready to be produced at scale.

Think about this. There is an average of 90 million vehicles sold annually. That’s units, not dollars. Total sales of vehicles topped $3.1 trillion in 2019, and the number is expected to grow over the long-term.

The EV market is less than 3% of global vehicle sales, but it’s growing. EV is expected to account for more than 50% of the total auto-fleet by 2050, and that target could be reached much sooner if battery technology advances.

When it comes to the EV market, it’s a “rising tide lifts all ships” kind of market, but there are still some clear winners to focus on. In this special presentation, we’ll take a look at eight companies that are among the best in the current crop of EV and EV-related companies.

Click the "Continue to Slide #1" button to view the first company.