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3 Charged-Up Battery Stock Picks You Don't Want to Miss
ALBAlbemarle(ALB) InvestorPlace·2024-02-26 21:58

The International Energy Agency predicts that “installed battery capacity worldwide will increase tenfold to sixteenfold by 2030.” McKinsey believes that 120 to 150 new battery plants need to be built between 2023 and 2030 to meet the impending demand. If these estimates hold, battery stocks could see incredible upside.Over the last few quarters, electric vehicle sales and stocks have been depressed. This has translated into a correction for some of the best battery stocks. However, considering the long-ter ...