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2 Top EV Stocks to Buy in February
LCIDLucid (LCID) The Motley Fool·2025-02-09 14:45

Electric vehicle (EV) sales struggled in 2024, but not in the way you'd think. Tesla, for instance, experienced a 1% annual sales decline in 2024, its first in over a decade. This growth rate fell below the company's expectations. In fact, industry growth as a whole fell below analyst expectations. But don't let these poor figures fool you. In 2024, EV sales in the U.S. still grew by 7.3%, with 1.3 million EVs sold -- a new record. And globally, around 20% of all vehicles sales were EVs last year. According ...