High Energy Prices Good for Lucid Group Inc The price of gasoline and diesel continuing to hover near record highs could provide a much-needed catalyst for battered electric vehicle (EV) stocks. When reviewing the prospects of EV stocks, the key is analyzing long-term fundamentals and ignoring short-term factors. The reality is that the. That’s why the legacy automakers have been…
Although electric vehicle (EV) stocks have seen better days, it is undeniable that there is a global push toward the adoption of EVs. Automakers from all over the world are electrifying their offerings, and governments are granting a slew of incentives. Are these stocks worth adding to your watchlist? For EVs to truly take off into the mainstream, there needs…
The cost of raw materials for electric vehicles (EVs) has risen, given the sanctions placed on Russian metals and the continued supply chain disruptions worldwide. The cost and supply issues have had a negative impact on EV companies, as far as production and margins go. EV stocks have declined, but I view the lower prices as an opportunity, considering that…
Some drivers might be fighting the idea of ever driving an electric vehicle (EV), but it looks like their protestations are in vain. According to a recent report, sales of non-plug-in internal combustion vehicles hit a peak in 2017. That means it’s all downhill for internal combustion vehicles, with the future being handed to EVs. The EV market opportunity between…
Electric vehicles (EVs) have seen a robust increase in consumer demand over the past few years. This could be thanks to the cutting-edge technology found in these modern cars or their ‘cool’ factor. Not to mention, governments across the world have been encouraging consumers to make the jump to electric as well. As such, with the growing adoption of EVs,…
While investors weigh out their options in the stock market today, lithium stocks could make for an interesting play. After all, the sector consists of mining companies and tech firms that work with this increasingly precious metal. What’s the big deal about lithium might you ask? Well, simply put, lithium is a core component in many prominent pieces of tech…
Electric vehicle stocks have been a hot topic among investors of the stock market in recent years. Many believe the automotive industry will be going electric sooner rather than later. Even government bodies around the globe have been encouraging the transition to EVs by providing various forms of subsidies. Having said that, it’s safe to assume that the EV opportunity…
A new era for the automotive industry. The automobile industry is going through one of the biggest evolutions in its history. There are two simultaneous trends that are changing everything. First off, after many false starts, it appears that the era of electric vehicles, or EVs, is finally here. Particularly in wealthy countries, governments are starting to mandate EV adoption in…