Want to play the electric vehicle boom? Here are a number of stocks that analysts say are set to outperform.
The electric vehicle revolution is gathering steam, and while automakers may be an obvious way to play the boom, the broader supply chain could also offer opportunities to investors. These companies span battery manufacturers, chemicals firms and tech, as increased electrification and automation boosts the electronic content per vehicle. The Global X Autonomous and Electric Vehicles ETF is one of a number of ETFs that offer a way to invest in a basket of stocks across the supply chain.
The company said its standard 18,000-gallon liquid hydrogen tank has the capacity to fully charge more than 1,000 EVs , adding to the grid-based EV charging facilities currently in the market. Lithium, Big Tech and more Two lithum stocks — Piedmont Lithium and Ganfeng Lithium — appear on the list too. EVs are largely powered by lithium-ion batteries, making the metal key to the transition away from the combustion engine.
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