3 Cheap EV Stocks to Buy During the Market Slump

The electric vehicle (EV) revolution is in full swing, with established automakers and innovative startups vying for market share. However, the notion of cheap EV stocks to buy is entirely relative, and a cheap valuation doesn’t always reflect the company’s long-term growth prospects. Over the last year, the global EV market saw slower growth rates as higher interest rates tempered demand. Furthermore, several EV startups went underwater, as they simply could not compete with the big players. While interest ...