3 EV Stocks Cementing Their Status as Top Long-Term Market Picks
LI AUTO(LI) InvestorPlace·2024-01-20 15:00
The appeal of electric vehicle (EV) stocks is clear to many investors. With the market size forecast to grow from $438.18 billion in 2023 to $1.09 trillion by 2030 at a CAGR (compound annual growth rate) of 13.92%, it’s easy to see why so many are keen to embrace this form of sustainable investing.The European Union, United States, United Kingdom, Japan and India, among other leading global nations, have all ramped up their focus on phasing out petrol vehicles in the 2030s. This signifies the potential of E ...