The 3 Most Undervalued Battery Stocks to Buy in July 2024

As the global push toward electric vehicles (EVs) and renewable energy intensifies, the battery market is poised for significant growth. By 2030, it’s expected that nearly 60% of new cars sold globally will be electric. This forms the basis of my article for undervalued battery stocks to buy.Furthermore, the lithium-ion battery market alone, valued at $54.4 billion in the U.S. in 2023, is projected to grow at a compound annual growth rate (CAGR) of 20.3% through 2030​.In addition to lithium-ion, solid-state ...