7 EV Stocks to Buy as the Sector Races for a Recovery

While seemingly everyone was talking about the electrification of mobility, a forced pit stop might yield a more favorable entry point for EV stocks to buy. Though electric vehicles are likely the future, the sector suffered a setback as the combination of sharply accelerating inflation and rising borrowing costs took their toll on consumers.At the end of 2022, the average price of an EV stood at $61,488. With interest rates soaring, consumers outside affluent income categories simply couldn’t afford to go ...