Treasure Hunt: 3 EV Stocks Wall Street Hasn't Discovered Yet

Industry Overview - The EV industry has experienced slowed growth due to rising inflation, financial costs, and increased consumer skepticism, which have reduced demand and slowed sales growth [1] - Despite challenges, the EV industry continues to grow, with US EV sales increasing by 47% [9] Company Insights Lion Electric Company (LEV) - Lion Electric Company reported a loss of over $56.5 million in Q4 2023 and $103.8 million overall due to heavy losses outweighing revenue [3] - The company is restructuring its value chain, laying off over 150 employees and planning to lay off 120 more [3] - Lion Electric secured a $50 million government loan to establish a battery factory and has ramped up production from 519 vehicles in 2022 to 852 in 2023 [4][12] - A recent $38 million deal to supply over 97 school buses will significantly boost annual unit outputs [12] Polestar (PSNYW) - Polestar has seen a 6% increase in total vehicle production in 2023, reaching 54,600 units, although this is less than half of the projected output before the merger [5] - The company is adopting a "non-genuine" sales model, allowing dealers to set prices, which may enhance stock value [6] - Polestar's stock price has lost almost 90% of its value since going public and merging with a SPAC in 2022, and it faces ongoing supply chain constraints [14] - The EU and China tariff battles may provide Polestar with a strategic advantage to ramp up production in the European market [15] LiveWire Group (LVWR) - LiveWire Group, known as the "Tesla of Motorcycles," reported a consolidated net loss of $109.6 million in Q4 2023, but indicators suggest greater expansion prospects [18]