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September 14, 2022 – TheNewswire - As demand for electric vehicles continues to grow, analysts anticipate that they will overtake global market share from traditional vehicles by the year 2040.
All major traditional automakers, along with a slew of startups, have shifted their focus to building electric vehicles, ranging from sedans to SUVs to school buses.
Research reports have suggested that the electric vehicle market will grow from $200 billion today to as high as $830 billion by 2030, representing a compounded growth rate of nearly 20% annually. Periodic surges in fuel costs for traditional vehicles is expected to increasingly push consumers to switch over to plug-in and hybrid vehicles.
The growing surge in electric vehicles represents a rapid growth industry that investors should keep their eye on.
Click here to see the top 5 electric vehicle stocks to watch plus a full list of additional EV companies that are publicly traded.
1. Tesla (NASDAQ: TSLA)
2. Lucid Motors (NASDAQ: LCID)
3. GreenPower Motor (NASDAQ: GP)
4. Rivian Automotive (NASDAQ: RIVN)
5. Canoo (NASDAQ: GOEV)
Investors agree that electric vehicles, whether built for consumers or shipping logistics, are the future of the automobile industry. Listed below are additional electric vehicle stocks to watch:
Nio (NYSE: NIO
Li Auto (NASDAQ: LI
Xpeng (NYSE: XPEV
Polestar Automotive (PSNY
Nikola (NASDAQ: NKLA
Environtech Vehicles (NASDAQ: EVTV
Fisker (NYSE: FSR
Proterra (NASDAQ: PTRA
Lion Electric Company (NYSE: LEV
Arrival (NASDAQ: ARVL
Faraday Future (NASDAQ: FFIE
NFI Group (OTCMKTS: NFYEF
Workhorse Group (NASDAQ: WKHS
Lordstown Motors (NASDAQ: RIDE
Cenntro Electric Group (NASDAQ: CENN
Mullen Automotive (NASDAQ: MULN
Blue Bird (NASDAQ: BLBD
Xos (NASDAQ: XOS
Lightning EMotors (NYSE: ZEV
ElectraMeccanica Vehicles (NASDAQ: SOLO
Kandi Technologies (NASDAQ: KNDI
Arcimoto (NASDAQ: FUV
EV Technology Group (OTCMKTS: EVTGF
For a full list of all electric vehicle stocks, quotes and news visit: https://greenstocknews.com/stocks/electric-vehicle-stocks
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