S&P 500   4,076.57
DOW   34,395.01
QQQ   293.72
Is Apple Going To Rally Into Year End?
YIKES! 220 Pounds of Graphite in Each EV Battery? (Ad)
25 Ways to Improve Your Financial Situation in 1 Hour
Are the Short Sellers Still Right About Mullen Automotive stock? 
YIKES! 220 Pounds of Graphite in Each EV Battery? (Ad)
La-Z-Boy Reclines To More Comfortable Levels 
Is The Recovery Rally Here For SoFi?
YIKES! 220 Pounds of Graphite in Each EV Battery? (Ad)
Biden administration presses senators to avert rail strike
Trump Org. defense lawyer scolded for using struck testimony
S&P 500   4,076.57
DOW   34,395.01
QQQ   293.72
Is Apple Going To Rally Into Year End?
YIKES! 220 Pounds of Graphite in Each EV Battery? (Ad)
25 Ways to Improve Your Financial Situation in 1 Hour
Are the Short Sellers Still Right About Mullen Automotive stock? 
YIKES! 220 Pounds of Graphite in Each EV Battery? (Ad)
La-Z-Boy Reclines To More Comfortable Levels 
Is The Recovery Rally Here For SoFi?
YIKES! 220 Pounds of Graphite in Each EV Battery? (Ad)
Biden administration presses senators to avert rail strike
Trump Org. defense lawyer scolded for using struck testimony
S&P 500   4,076.57
DOW   34,395.01
QQQ   293.72
Is Apple Going To Rally Into Year End?
YIKES! 220 Pounds of Graphite in Each EV Battery? (Ad)
25 Ways to Improve Your Financial Situation in 1 Hour
Are the Short Sellers Still Right About Mullen Automotive stock? 
YIKES! 220 Pounds of Graphite in Each EV Battery? (Ad)
La-Z-Boy Reclines To More Comfortable Levels 
Is The Recovery Rally Here For SoFi?
YIKES! 220 Pounds of Graphite in Each EV Battery? (Ad)
Biden administration presses senators to avert rail strike
Trump Org. defense lawyer scolded for using struck testimony
S&P 500   4,076.57
DOW   34,395.01
QQQ   293.72
Is Apple Going To Rally Into Year End?
YIKES! 220 Pounds of Graphite in Each EV Battery? (Ad)
25 Ways to Improve Your Financial Situation in 1 Hour
Are the Short Sellers Still Right About Mullen Automotive stock? 
YIKES! 220 Pounds of Graphite in Each EV Battery? (Ad)
La-Z-Boy Reclines To More Comfortable Levels 
Is The Recovery Rally Here For SoFi?
YIKES! 220 Pounds of Graphite in Each EV Battery? (Ad)
Biden administration presses senators to avert rail strike
Trump Org. defense lawyer scolded for using struck testimony

Electric Vehicle (EV) Stocks

Electric vehicle (EV) companies are engaged in the design, technological advancement, infrastructure development and production of vehicles powered by electric drivetrains. This page lists electric vehicle stocks sorted by market capitalization Learn more about electric vehicle stocks.

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CompanyCurrent PricePE RatioMarket CapVolumeAverage VolumeIndicator(s)
Tesla, Inc. stock logo
TSLA
Tesla
$194.70
60.15$614.81 billion79.65 million87.98 millionInsider Selling
Shell plc stock logo
SHEL
Shell
$58.05
-0.7%
5.07$210.33 billion4.08 million4.09 million
BP p.l.c. stock logo
BP
BP
$35.72
-0.5%
N/A$110.73 billion7.04 million13.12 millionShort Interest ↑
ABB Ltd stock logo
ABB
ABB
$31.56
+0.2%
15.55$62.01 billion1.27 million2.15 millionAnalyst Downgrade
Short Interest ↓
General Motors stock logo
GM
General Motors
$40.43
-0.1%
6.85$57.62 billion11.73 million13.04 millionShort Interest ↑
Albemarle Co. stock logo
ALB
Albemarle
$275.29
-1.0%
20.87$32.25 billion1.09 million1.30 millionInsider Selling
Short Interest ↓
Rivian Automotive, Inc. stock logo
RIVN
Rivian Automotive
$31.48
-1.7%
N/A$28.99 billion12.06 million18.04 millionAnalyst Report
Genuine Parts stock logo
GPC
Genuine Parts
$184.90
+1.3%
22.20$25.88 billion841,055823,297
Nio Inc - stock logo
NIO
NIO
$12.09
-5.4%
N/A$21.33 billion58.93 million65.57 millionAnalyst Revision
Gap Down
Tata Motors Limited stock logo
TTM
Tata Motors
$26.81
-1.8%
N/A$20.91 billion649,965684,126Short Interest ↓
SolarEdge Technologies, Inc. stock logo
SEDG
SolarEdge Technologies
$295.77
-1.0%
145.70$16.70 billion786,5711.23 million
Lucid Group, Inc. stock logo
LCID
Lucid Group
$9.83
-3.1%
N/A$16.52 billion27.31 million23.62 millionAnalyst Report
Polestar Automotive Holding UK PLC stock logo
PSNY
Polestar Automotive Holding UK
$7.07
-5.0%
N/A$14.97 billion3.02 million3.10 millionNews Coverage
Polestar Automotive Holding UK PLC stock logo
PSNY
Polestar Automotive Holding UK
$7.07
-5.0%
N/A$14.97 billion3.02 million4.00 millionNews Coverage
Wolfspeed, Inc. stock logo
WOLF
Wolfspeed
$86.16
-5.2%
N/A$11.29 billion2.82 million2.97 million
CarMax, Inc. stock logo
KMX
CarMax
$69.10
-0.4%
13.93$10.96 billion1.26 million1.92 millionShort Interest ↑
News Coverage
Wolfspeed, Inc. stock logo
WOLF
Wolfspeed
$86.16
-5.2%
N/A$10.70 billion2.82 million2.20 million
BorgWarner Inc. stock logo
BWA
BorgWarner
$42.66
+0.4%
12.37$9.99 billion1.74 million2.01 million
NRG Energy, Inc. stock logo
NRG
NRG Energy
$42.13
-0.8%
5.35$9.78 billion2.72 million2.68 million
Plug Power Inc. stock logo
PLUG
Plug Power
$15.75
-1.3%
N/A$9.30 billion13.85 million16.50 million
XPeng Inc. stock logo
XPEV
XPeng
$9.97
-7.8%
N/A$9.25 billion44.98 million40.91 millionAnalyst Revision
Gap Down
Littelfuse, Inc. stock logo
LFUS
Littelfuse
$247.98
+0.6%
18.67$6.10 billion72,60784,651Short Interest ↓
Shoals Technologies Group, Inc. stock logo
SHLS
Shoals Technologies Group
$23.30
-19.6%
258.92$4.84 billion8.56 million2.29 millionGap Down
High Trading Volume
Power Integrations, Inc. stock logo
POWI
Power Integrations
$80.21
-0.3%
25.14$4.60 billion455,868446,463Ex-Dividend
Insider Selling
ChargePoint Holdings, Inc. stock logo
CHPT
ChargePoint
$12.19
-1.9%
N/A$4.22 billion18.40 million7.44 millionAnalyst Report
Short Interest ↑
High Trading Volume
Cabot Co. stock logo
CBT
Cabot
$73.95
+0.4%
20.54$4.17 billion214,991404,280Short Interest ↓
QuantumScape Co. stock logo
QS
QuantumScape
$7.44
-0.7%
N/A$3.27 billion9.14 million8.00 million
Dana Incorporated stock logo
DAN
Dana
$17.51
-0.6%
N/A$2.52 billion712,6591.18 million
Fisker Inc. stock logo
FSR
Fisker
$7.32
-5.4%
N/A$2.41 billion9.52 million4.87 millionAnalyst Report
Rogers Co. stock logo
ROG
Rogers
$112.67
+3.3%
29.57$2.05 billion639,565691,219
SES AI Co. stock logo
SES
SES AI
$4.83
-4.5%
N/A$1.77 billion163,522497,404
EVgo, Inc. stock logo
EVGO
EVgo
$6.08
-5.0%
N/A$1.70 billion1.80 million1.64 million
Knowles Co. stock logo
KN
Knowles
$16.05
+2.9%
N/A$1.42 billion879,593620,828Short Interest ↑
Wallbox stock logo
WBX
Wallbox
$5.50
-2.1%
N/A$907.12 million983,187279,359High Trading Volume
Amprius Technologies, Inc. stock logo
AMPX
Amprius Technologies
$10.23
-0.3%
N/A$864.11 million144,8822.19 millionAnalyst Report
News Coverage
Blink Charging Co. stock logo
BLNK
Blink Charging
$13.76
-0.9%
N/A$699.90 million1.03 million1.18 millionShort Interest ↑
Microvast Holdings, Inc. stock logo
MVST
Microvast
$2.16
-1.4%
N/A$677.35 million1.42 million1.80 million
Solid Power, Inc. stock logo
SLDP
Solid Power
$3.43
-6.5%
N/A$645.24 million2.55 million1.65 millionAnalyst Downgrade
News Coverage
Nayax Ltd. stock logo
NYAX
Nayax
$21.81
+11.3%
N/A$643.80 million3,1922,179News Coverage
Positive News
Gap Up
Hyliion Holdings Corp. stock logo
HYLN
Hyliion
$3.01
-0.3%
N/A$542.74 million1.10 million1.01 million
Gogoro Inc. stock logo
GGR
Gogoro
$3.69
+0.5%
N/A$528.73 million244,858238,049Positive News
Aspen Aerogels, Inc. stock logo
ASPN
Aspen Aerogels
$12.91
+7.0%
N/A$528.14 million4.11 million706,537Short Interest ↑
High Trading Volume
Charge Enterprises, Inc. stock logo
CRGE
Charge Enterprises
$2.09
-1.4%
N/A$437.05 million316,091695,426Short Interest ↓
News Coverage
Positive News
Canoo Inc. stock logo
GOEV
Canoo
$1.38
+3.0%
N/A$434.83 million15.84 million12.45 millionGap Up
CECO
CECO Environmental
$12.12
60.60$415.35 million298,183206,325Positive News
Atlis Motor Vehicles, Inc. stock logo
AMV
Atlis Motor Vehicles
$9.07
-3.1%
N/A$343.57 million41,220354,003
LVRA
Levere
$10.02
N/A$338.52 million4,71833,040Positive News
Cantaloupe, Inc. stock logo
CTLP
Cantaloupe
$3.47
-4.4%
N/A$258.52 million425,030449,909Short Interest ↓
ADS-TEC Energy PLC stock logo
ADSE
ADS-TEC Energy
$5.41
+5.0%
N/A$251.36 million34,5108,565News Coverage
Positive News
High Trading Volume
Tritium DCFC Limited stock logo
DCFC
Tritium DCFC
$1.49
-6.9%
N/A$244.95 million766,2381.08 millionPositive News
TMC the metals company Inc. stock logo
TMC
TMC the metals
$0.91
+6.4%
N/A$227.03 million1.04 million1.17 millionPositive News
Motorcar Parts of America, Inc. stock logo
MPAA
Motorcar Parts of America
$11.23
-0.4%
N/A$218.89 million59,18672,373
KSI
Kadem Sustainable Impact
$9.96
+0.1%
N/A$217.66 million22,06064,889Short Interest ↓
Positive News
Allego stock logo
ALLG
Allego
$3.13
-0.6%
N/A$217.35 million237,641247,233
ATAK
Aurora Technology Acquisition
$10.17
+0.3%
N/A$205.43 million80,78766,732Positive News
ARVL
Arrival
$0.33
+3.3%
N/A$203.48 million9.12 million12.54 millionShort Interest ↑
Kandi Technologies Group, Inc. stock logo
KNDI
Kandi Technologies Group
$2.74
+0.4%
N/A$202.65 million148,621264,599Positive News
Beam Global stock logo
BEEM
Beam Global
$18.09
-5.5%
N/A$193.33 million337,997239,791Positive News
Gap Up
OXUS
Oxus Acquisition
$10.23
-0.1%
N/A$179.71 million2,65630,918Short Interest ↑
Electrameccanica Vehicles Corp. stock logo
SOLO
Electrameccanica Vehicles
$1.16
-2.5%
N/A$141.15 million311,711542,220Positive News
AOGO
Arogo Capital Acquisition
$9.99
-0.3%
N/A$134.17 million2,26752,072Short Interest ↓
Positive News
MOBV
Mobiv Acquisition
$10.08
-0.4%
N/A$133.07 million24,1809,620Positive News
High Trading Volume
Ideanomics, Inc. stock logo
IDEX
Ideanomics
$0.23
+4.3%
N/A$123.99 million5.96 million7.32 millionPositive News
Gap Up
Mullen Automotive, Inc. stock logo
MULN
Mullen Automotive
$0.22
+13.1%
N/A$110.62 million387.99 million107.12 millionShort Interest ↓
News Coverage
Positive News
Gap Up
High Trading Volume
Xos, Inc. stock logo
XOS
XOS
$0.61
-4.8%
N/A$107.54 million1.05 million444,893High Trading Volume
Faraday Future Intelligent Electric Inc. stock logo
FFIE
Faraday Future Intelligent Electric
$0.31
-3.3%
N/A$105.29 million33.81 million24.52 millionGap Up
CBAK Energy Technology, Inc. stock logo
CBAT
CBAK Energy Technology
$1.18
+0.9%
10.73$105.01 million138,587632,874Short Interest ↓
IperionX Limited stock logo
IPX
IperionX
$5.62
+12.6%
N/A$96.21 million3073,942Positive News
Gap Up
PCTEL, Inc. stock logo
PCTI
PCTEL
$4.50
-0.9%
75.01$85.23 million13,14236,076Analyst Report
Volta Inc. stock logo
VLTA
Volta
$0.53
+7.4%
N/A$83.16 million6.09 million7.33 millionGap Up
Electra Battery Materials Co. stock logo
ELBM
Electra Battery Materials
$2.33
+4.0%
N/A$73.54 million71,798129,120Short Interest ↑
Bird Global Inc stock logo
BRDS
Bird Global
$0.23
N/A$65.92 million877,0602.52 millionGap Down
NaaS Technology Inc. stock logo
NAAS
NaaS Technology
$5.29
-3.8%
N/A$65.18 million232,699103,017News Coverage
High Trading Volume
GreenPower Motor Company Inc. stock logo
GP
GreenPower Motor
$2.25
N/A$52.71 million56,551104,683Short Interest ↓
Lightning eMotors, Inc. stock logo
ZEV
Lightning eMotors
$0.62
-9.3%
1.32$51.87 million1.01 million1.67 million
Envirotech Vehicles, Inc. stock logo
EVTV
Envirotech Vehicles
$3.17
+1.6%
N/A$47.55 million14,14028,727Positive News
CPS Technologies Co. stock logo
CPSH
CPS Technologies
$3.15
-0.6%
22.50$45.77 million14,59553,309Short Interest ↓
SPI Energy Co., Ltd. stock logo
SPI
SPI Energy
$1.48
+2.1%
N/A$41.82 million67,16678,323Positive News
Phoenix Motor Inc. stock logo
PEV
Phoenix Motor
$1.66
+1.7%
N/A$32.12 million3,60323,359Short Interest ↓
Lockup Expiration
News Coverage
Gap Down
Capstone Green Energy Co. stock logo
CGRN
Capstone Green Energy
$1.78
+3.5%
N/A$31.39 million69,09966,907Short Interest ↑
Ayro, Inc. stock logo
AYRO
Ayro
$0.57
-1.2%
N/A$21.48 million54,319111,029
Helbiz, Inc. stock logo
HLBZ
Helbiz
$0.22
N/A$20.29 million27.38 million24.48 millionGap Down
Arcimoto, Inc. stock logo
FUV
Arcimoto
$8.94
+20.0%
N/A$17.17 million332,38369,484Analyst Report
Stock Split
High Trading Volume
Nuvve Holding Corp. stock logo
NVVE
Nuvve
$0.61
-1.0%
N/A$13.86 million183,650305,009Positive News
EV Stocks

The electric vehicle (EV) market is no longer a niche market. Let me repeat that, the EV market is no longer a niche market. What was once a side gig and nod to the green movement has become a revolution in the automobile market and a double-digit growth opportunity for investors.

If you thought the outlook for EVs was robust a few years ago, it has only gotten stronger. The global EV market grew by more than 100% in 2021, far surpassing the expectations, to hit a new record and the outlook for future growth has increased as well. Sales of EVs are expected to grow to 26.8 million by 2030 and account for nearly 30% of all cars on the road and that may be a low estimate given the pace of acceleration within the industry. By 2035, EVs should account for more than 70% of all vehicles on the road.

In that time, the net of EV sales is going to grow from an estimated $90 billion in 2020 to over $15 trillion by 2050. Based on what we’ve been seeing out of the industry, these estimates may be too low. Major OEMs like Ford and GM have ramped and ramped their plans for EV again and again as the market screams for more.

Regulations are supporting the EV industry worldwide and should continue to do so for the foreseeable future. Although the quantity and scope of subsidies shrunk from their peaks in the earlier portion of the century they are on the rise again due to increased support of green initiatives.

In the U.S., the Biden administration is supporting a swath of regulation and legislation intended to boost the industry and it is accelerating growth. Among the many plans is a switch to 100% electric within the federal fleet along with subsidies and tax credits for buyers. The goal is to have US EV auto sales at 50% of the total as soon as 2030 but that goal is unlikely to be met. The highest-profile use of EVs in the government is with the US Postal Service which is expected to spend upwards of $12 billion on EV delivery vans.

China extended its policy of dual subsidies in 2020, one for the maker and one for the buyer, but those subsidies may soon phase out. Those subsidies are set to expire this year but may be extended in the wake of COVID-related economic hardship in late 2021 and the first half of 2022. Regardless, regulations in China are shifting consumers away from ICE automobiles and into cleaner technologies such as EV and hydrogen so don’t count this market out.

In Europe, the story is the rosiest in terms of regulations. The EU has some of the strictest regulations on CO2 emissions which by themselves are driving demand for EVs. The latest estimates have EV market share in the EU in the 21% range versus the 10% global average for 2021. At last count, 17 of 27 EU member nations offer incentives for electric vehicles.

Tesla is by far the most prolific of all the EV manufacturers but the competition is heating up. In terms of its annual sales, Tesla (NASDAQ: TSLA) is still just a drop in the bucket compared to GM’s (NYSE: GM) total sales but GM is lagging when it comes to EVs. GM, the number two EV producer in the U.S., only commands about 10% of the US EV market compared to Tesla’s 53% but plans to spend up to $27 billion to correct that. Part of the plan is to have a full line of EV vehicles by 2025 making it one of the most serious of the big automakers and that is saying something. All of the major manufacturers are planning for or are in the progress of expanding their EV lineups right now. .

Aside from the major OEM manufacturers, the EV market is filled with start-ups and early-phase production companies. Some are producing revenue while others are not so beware of what you buy. The key takeaway here is production, EV manufacturers with no production are incredibly risky while those making cars are less so. Some of the hottest names of the SPAC boom saw their share prices implode because of no production but many of them have advanced to the point of early if not ramping production.

The avenues for growth in EV are varied for the big automakers but can be classified into three categories; internal investment in electrification, investment in third-party technology, or acquisition of third-party technology. In the end, all the big manufacturers are going to employ a combination of the three which is why a diversified approach to EV investing is such a good idea.

Today’s fractured EV market is moving higher in a rising-tide-lifts-all-ships scenario but not all will be winners. The smaller start-ups that prove their utility will either make their deals for expansion and growth or get scooped up by their larger counterparts. If they don’t, they’ll fall by the wayside while the big players' success is all but assured.  Either way, investors will come out ahead but which EV manufacturer will ultimately come out on top? The most likely scenario has the major automakers plus Tesla maintaining their dominance but who really knows?

When you break it down into its components, an EV car is just a car with an electric motor. It’s a smart car but a car nonetheless. It could be fueled by anything but it’s not, it’s EV so that means batteries. We don’t have any other way of realistically powering an electric vehicle without them, otherwise, they’d be some other kind of car, like a hydrogen fuel cell. And batteries are the Achilles heel of the industry. Batteries have a limited range compared to gas engines, they’re heavier, they’re more expensive, and they don’t last very long although the average lifespan is greatly improved.

The most efficient electric vehicles can achieve a range of over 350 miles but it may take 6 to 12 hours to recharge the battery, sometimes more. The average EV can be relied on for a range closer to 200 miles per charge which is quite low compared to the 350 to 400-mile range for most cars and an easy five-minute fill-up for gas and diesel-powered vehicles. The takeaway here? Whoever revolutionizes battery technology is the one who will dominate the battery and possibly the entire EV market. If not, if there is no major battery break-through, hybrid solutions may become more commonplace, especially for long-distance applications.

Aside from the cost of the batteries, there is availability to consider as well. Many EV manufacturers are limited by the number of batteries they can buy or make so many EV and battery manufacturers are ramping the in-house production of batteries, so keep this industry on your radar. In the end, the battery makers may be the better investment because we know that consumers will need to buy them even if we don’t know which car the battery will be in. One interesting idea is easily removable batteries that allow for quick change-outs and quicker recharge times.

Right now, the leading battery markers are all in Asia although production is building globally. Among the leaders are China’s Contemporary Amperex Technology which is the world’s largest EV battery maker. It counts BMW, Volkswagen, Daimler, Volvo, Toyota, and Honda among its customers. Moving down the list Panasonic and LG Chem round out the top three in terms of gross production and they account for nearly 70% of the market.

The Tesla (NASDAQ: TSLA) story is a market saga spanning many years with many twists and turns. The one thing that can be said of the company and its eccentric CEO Elon Musk is that they produce results. The company is the single largest manufacturer of electric vehicles worldwide and will likely hold onto that spot for some time. Not only is the company actively engaged in expanding its production capabilities and product line but it is also making batteries. Lots of batteries.

Tesla has six Gigafactories in some state of operation with the newest ramping production on a regular basis. The Freemont factory alone is capable of producing up to 600,000 vehicles annually which are more than half of the 2021 total. The Shanghai Gigafactory can make over 400,000 per year and production is ramping globally.

Tesla is about cars and it has four sedan models in production and plans for more cars in the works. Among them are a light-duty pickup truck, final-mile delivery vehicles, and even long-haul trucks. Most importantly, the production of the core models has been ramping over the past few years delivering 1) sustained profitability and 2) over 900,000 vehicle deliveries in 2021.

GM (NYSE: GM) is spending up to $27 billion on EV infrastructure, R&D, and production-build-out to bolster its fleet and “put everybody in an electric vehicle”. The company has started with the launch of three models including the Blazer SUV and an all-electric Silverado pickup truck and more are on the way.

As part of the plan, GM is accelerating the roll-out of 12 new EV models that began hitting the market in early 2022. Longer-term, the company is planning to have 30 models across all four brands and price points with the goal of 1 million in annual EV sales volume by mid-decade and 5 million in annual sales by 2030.

GM’s production plans center around what it calls the Ultium Platform. The Ultium Platform is a modular battery and drive system with the flexibility for multiple applications and vehicle needs. Beyond that, GM plans to support its growing fleet of EV cars and trucks with a robust charging network that includes EvGo. GM is teamed up with EvGo, the U.S. largest charging network, with plans to triple its size to over 2700 stations by 2025.

Ford (NYSE: F) was one of the last major OEMs to embrace the BEV revolution but that was in public. The company came out swinging with EV models of iconic brands like Mustang and F-series pickup truck, the world’s #1 selling truck of all time, which makes us believe the company had been working on the project for some time. As it is, the company recently boosted its planned investment in EVs to $50 billion by 2025 which is a figure that should put it well on the path to near-100% BEV production.

Part of Ford’s plan with EV is to build an EV-specific campus in Tennesee and twin battery plants in Kentucky. The infrastructure build will help the company ramp its EV production which, based on its plans, should put them in the #1 position globally within a few years. Although the company has denied it, the new business structure which splits the ICE and BEV businesses into separate entities has Ford set up for a spin-off as well. Considering Ford trades at 6.5X its earnings and Tesla is close to 65X its earnings there is a considerable opportunity for investors in this action alone.

 



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