Got $10,000? 5 Top Electric Vehicle Stocks to Buy for the Long Term

Source

President Joe Biden wants half of all new vehicle sales in the U.S. to be electric by 2030. That will require exceptional growth in electric vehicles (EVs), which right now make up less than 5% of U.S. vehicle sales. A robust charging infrastructure is also vital for increasing the use of EVs. To encourage development of a charging network, the bipartisan infrastructure bill provides for a $7.5 billion investment in charging infrastructure.

Simply put, EVs are set to rule the roads in the coming years, not only in the U.S. but also globally. Here are five stocks to bet on this EV growth story.

1. Lucid Group

By delivering cars with a market-leading range, Lucid Group (NASDAQ:LCID) has positioned itself as a serious contender in the EV market. After winning the Motor Trend Car of the Year award, Lucid now needs to focus on delivering cars as per its plan.

The company already has more than 17,000 orders, and it plans to deliver on all of these, and more, before the end of next year.

In the coming years, Lucid plans to launch lower-priced models for the mass market. The company's product range also includes a luxury SUV, which it aims to start producing in 2023. Over time, Lucid also plans to target international markets, possibly starting with the Middle East or China.

All in all, Lucid's cutting-edge technology as well as its solid growth plans position it well for long-term growth.


You Could TRIPLE the Quality of Your Retirement by Quitting our Broken Financial System

The dollar is dying. The banks are abandoning you. And the government’s only making it worse…

But you can join millions of Americans who’ve escaped this crisis and are seeing their wealth surge… starting with an opportunity that could 10x your money by 2022… AND pay you as much as 13% interest a year on top of it.

Get the full details here.


2. Ford

Ford (NYSE:F) isn't really the first name that comes to mind when talking about EVs. In November, it sold 11,116 electric vehicles, or 7% of its total vehicle sales for the month. However, there are two more factors to consider here. First, its EV sales for the month grew 153% year over year.

Second, even though they were a minuscule percentage of its total sales, Ford's numbers were still higher than sales of most of the EV start-ups for the month.

So, while pure-play EV companies are expected to see significant growth in the coming years, the same holds true for Ford. It could see higher growth than EV start-ups due simply to its loyal customer base and proven quality products.

Ford expects as much as 40% to 50% of its sales to be electric by 2030. The automaker's push positions it well to become a top EV player in the coming years.

3. Volkswagen 

Like Ford, Volkswagen (OTC:VWAGY) is working on a well-built EV strategy that it hopes will place it ahead in the race. The German automaker plans to invest 35 billion Euros in electric mobility. Further, it aims to increase EV sales to 20% of its total by mid-decade. By 2030, Volkswagen plans for 60% of its European sales to be electric.

The company is investing heavily in battery technology research as well as production capacity. It plans to establish six battery gigafactories in Europe to meet the demand within the Volkswagen Group. The company will spend 2 billion Euros for the construction of a gigafactory in Salzgitter, which is expected to start production in 2025.

Moreover, Volkswagen has entered several partnerships — including with materials technology company Umicore, battery companies 24M Technologies and QuantumScape, and clean technology company Vulcan Energy Resources — to strengthen its battery technology and production. 

In the first nine months of 2021, Volkswagen delivered around 293,000 fully electric vehicles. By comparison, Tesla delivered 627,572 vehicles during the same time frame. All in all, Volkswagen is setting up to become a leading player in the EV space.

4. BYD 

China is a key market for electric vehicles in growth as well as in size. With a roughly 18% share, BYD (OTC:BYDDY) (OTC:BYDD.F) is a dominant player in the Chinese EV market. More than 90% of the vehicles that BYD sold in November were either fully electric or plug-in hybrid. 

BYD derives roughly 48% of its revenue from mobile handset components and rechargeable batteries. But the company is increasingly focused on growing its EV sales. The company's EV sales in November grew 153% year over year to 46,137 units. Of these, BYD's flagship EV model, Han, accounted for more than 10,000 units. In addition to China, BYD is now selling Han EV in the Caribbean and Latin America.  Apart from electric cars, BYD is a top player in electric buses too.  

As a dominant EV maker in a rapidly growing market, BYD is well placed to grow in the years to come.

5. Nio

Nio (NYSE:NIO) is another top Chinese EV company well positioned to benefit from the country's strong EV growth. It differentiates itself from other players through its technology. In 2020, Nio launched a battery-as-a-service model, which allows users to purchase a vehicle without batteries and subscribe for battery packs separately. This innovation helps reduce the purchase price of the vehicle while providing flexible battery upgrade options for owners.

The company also offers battery swapping, which allows users a quick recharge by simply exchanging the batteries. It is also useful for users looking to switch to an advanced or more-efficient battery option.

Nio is also one of the first EV makers in China to offer advanced driver-assistance systems in its cars. It sold 10,878 electric vehicles in November, up 106% year over year.

Read Next: URGENT: Battery Patent No. 3069168

Sponsored

One of Tesla’s senior battery engineers recently QUIT and started his own battery company…

And now he’s filed the patent paperwork for the KEY manufacturing process that could revolutionize the entire industry.

Click here for the details about this new tech – it’s all covered under patent application No. 3069168.

Not only has this senior battery engineer submitted a patent application for the process…

He’s brought the chief of Tesla’s entire battery division with him.

The man who helped create the original lithium ion battery.

And today, you can take advantage of their TINY startup for just $6.00.

Click here for the urgent details.

But you must act fast.

Because our Chief Technology Officer, Ray Blanco, predicts that a partnership between Tesla and this tiny company is imminent…

And if that takes place, he believes the stock could skyrocket as much as 100% in a matter of minutes.

Go here now for the urgent details.

Write This Stock Ticker Down Right Now

Enter your email below to see the the stock name and ticker on the next page.


By submitting your email address, you give Todays Top Picks permission to deliver the report or research you’re requesting to your email inbox. As a bonus, you will also get a free subscription to one of our carefully selected marketing partners. You can unsubscribe at any time To review our privacy policy, click here: Privacy Policy | How it Works

Write This Stock Ticker Down Right Now

Enter your email below to see the the stock name and ticker on the next page.


By submitting your email address, you give Todays Top Picks permission to deliver the report or research you’re requesting to your email inbox. As a bonus, you will also get a free subscription to one of our carefully selected marketing partners. You can unsubscribe at any time To review our privacy policy, click here: Privacy Policy | How it Works

Write This Stock Ticker Down Right Now

Enter your email below to see the the stock name and ticker on the next page.


By submitting your email address, you give Todays Top Picks permission to deliver the report or research you’re requesting to your email inbox. As a bonus, you will also get a free subscription to one of our carefully selected marketing partners. You can unsubscribe at any time To review our privacy policy, click here: Privacy Policy | How it Works

Write This Stock's Name Down Right Now

A new ground-floor opportunity for 8,788% returns has emerged but you must act by December 31st…
Enter your email below to see the the stock name and ticker on the next page. 


By submitting your email address, you give Todays Top Picks permission to deliver the report or research you’re requesting to your email inbox. As a bonus, you will also get a free subscription to one of our carefully selected marketing partners. You can unsubscribe at any time To review our privacy policy, click here: Privacy Policy | How it Works

Write This Stock Ticker Down Right Now

Enter your email below to see the the stock name and ticker on the next page.


By submitting your email address, you give Todays Top Picks permission to deliver the report or research you’re requesting to your email inbox. As a bonus, you will also get a free subscription to one of our carefully selected marketing partners. You can unsubscribe at any time To review our privacy policy, click here: Privacy Policy | How it Works

“The Forever Battery”

Secret Startup Cracks the Battery Code — Wall Street Legend Predicts a 1,500% Surge in Electric Car Sales Over the Next 4 Years…

Enter your email address to receive the name and ticker symbol of this once-in-a-lifetime investment opportunity.


By submitting your email address, you give Todays Top Picks permission to deliver the report or research you’re requesting to your email inbox. As a bonus, you will also get a free subscription to one of our carefully selected marketing partners. You can unsubscribe at any time To review our privacy policy, click here: Privacy Policy | How it Works

3 High-Yield Dividends for Guaranteed Passive Income

Here are the best dividend stocks for smart investors to secure a steady & reliable “second income”. Our top pick is trading for just $2.
Enter your email address for our free report.


By submitting your email address, you give Todays Top Picks permission to deliver the report or research you’re requesting to your email inbox. As a bonus, you will also get a free subscription to one of our carefully selected marketing partners. You can unsubscribe at any time To review our privacy policy, click here: Privacy Policy | How it Works

New EV Set to Disrupt Entire Industry

The Wall Street Journal calls it “an American manufacturing triumph.” It promises to revolutionize the driving experience and hand investors MASSIVE profits.
Enter your email address to receive the name & ticker symbol now.


By submitting your email address, you give Todays Top Picks permission to deliver the report or research you’re requesting to your email inbox. As a bonus, you will also get a free subscription to one of our carefully selected marketing partners. You can unsubscribe at any time To review our privacy policy, click here: Privacy Policy | How it Works

Forget 99% of Tickers - Just Use This One

Larry Benedict is sharing a crazy over-the-shoulder “demo” (less than 10 seconds). Learn how to make all the money you need – in any market – using a single stock.
Enter your email address to watch now and get the name of the ticker you need to get started.


By submitting your email address, you give Todays Top Picks permission to deliver the report or research you’re requesting to your email inbox. As a bonus, you will also get a free subscription to one of our carefully selected marketing partners. You can unsubscribe at any time To review our privacy policy, click here: Privacy Policy | How it Works

Is Amazon Obligated to Pay You?

Thanks to a U.S. law, you can claim your slice of this jackpot and collect up to $48,000 over the next year.

Enter your email below to find out how.


By submitting your email address, you give Todays Top Picks permission to deliver the report or research you’re requesting to your email inbox. As a bonus, you will also get a free subscription to one of our carefully selected marketing partners. You can unsubscribe at any time To review our privacy policy, click here: Privacy Policy | How it Works

By submitting your email address, you give Today’s Top Stocks and Morning Bullets permission to deliver the report or research you’re requesting to your email inbox. You can unsubscribe at any time. To review our privacy policy, click here: Privacy Policy | How it Works

#1 Energy Pick

This little-known Silicon Valley company is using AI to do something incredible…
Enter your email address to receive the name and ticker symbol of the #1 tech bargain stock now.


By submitting your email address, you give Todays Top Picks permission to deliver the report or research you’re requesting to your email inbox. As a bonus, you will also get a free subscription to one of our carefully selected marketing partners. You can unsubscribe at any time To review our privacy policy, click here: Privacy Policy | How it Works

By submitting your email address, you give Today’s Top Stocks and Morning Bullets permission to deliver the report or research you’re requesting to your email inbox. You can unsubscribe at any time. To review our privacy policy, click here: Privacy Policy | How it Works

#1 EV Breakthrough of 2022

Louis Navellier is about to give away the ticker symbol of an overlooked battery company… one set to skyrocket in value as the EV boom gets underway. 
Simply enter your email below to learn the name of this company today…


By submitting your email address, you give Todays Top Picks permission to deliver the report or research you’re requesting to your email inbox. As a bonus, you will also get a free subscription to one of our carefully selected marketing partners. You can unsubscribe at any time To review our privacy policy, click here: Privacy Policy | How it Works

By submitting your email address, you give Today’s Top Stocks and Morning Bullets permission to deliver the report or research you’re requesting to your email inbox. You can unsubscribe at any time. To review our privacy policy, click here: Privacy Policy | How it Works

Anyone can invest like “The People’s Shark” with as little as $100

You no longer have to be rich, famous, or powerful to become an angel investor. Starting now, it’s possible for you to get involved in these life-changing deals.
Enter your email address for all the details of this once-in-a-lifetime investment opportunity.


By submitting your email address, you give Todays Top Picks permission to deliver the report or research you’re requesting to your email inbox. As a bonus, you will also get a free subscription to one of our carefully selected marketing partners. You can unsubscribe at any time To review our privacy policy, click here: Privacy Policy | How it Works

By submitting your email address, you give Today’s Top Stocks and Morning Bullets permission to deliver the report or research you’re requesting to your email inbox. You can unsubscribe at any time. To review our privacy policy, click here: Privacy Policy | How it Works

Is L.A.S.E.R. The Greatest Tech Breakthrough in History?

A $3.5 trillion megatrend… spearheaded by Elon Musk is bringing what could be the most disruptive, revolutionary tech breakthrough the world has ever seen, with one small company sitting at the center.
Enter your email address to receive the name and ticker symbol of this once-in-a-lifetime investment opportunity.


By submitting your email address, you give Todays Top Picks permission to deliver the report or research you’re requesting to your email inbox. As a bonus, you will also get a free subscription to one of our carefully selected marketing partners. You can unsubscribe at any time To review our privacy policy, click here: Privacy Policy | How it Works

By submitting your email address, you give Today’s Top Stocks and Morning Bullets permission to deliver the report or research you’re requesting to your email inbox. You can unsubscribe at any time. To review our privacy policy, click here: Privacy Policy | How it Works

2,467% Return on Israeli Laser Company

Learn the 3 Steps You Need to Protect Your Retirement and One Stock that Could Soar 2,476% in Nine Months.
Enter your email address to receive the name and ticker symbol of this once-in-a-lifetime investment opportunity.


By submitting your email address, you give Todays Top Picks permission to deliver the report or research you’re requesting to your email inbox. As a bonus, you will also get a free subscription to one of our carefully selected marketing partners. You can unsubscribe at any time To review our privacy policy, click here: Privacy Policy | How it Works

By submitting your email address, you give Today’s Top Stocks and Morning Bullets permission to deliver the report or research you’re requesting to your email inbox. You can unsubscribe at any time. To review our privacy policy, click here: Privacy Policy | How it Works

One Tweet From Elon Could Blow This Story Wide Open

Last year, anyone who listened to this man about Tesla could’ve made EIGHT TIMES their money. Now he’s revealing how Elon’s NEXT big move will revolutionize ANOTHER massive $23 trillion market.
Enter your email address to receive the name and ticker symbol of this once-in-a-lifetime investment opportunity.


By submitting your email address, you give Todays Top Picks permission to deliver the report or research you’re requesting to your email inbox. As a bonus, you will also get a free subscription to one of our carefully selected marketing partners. You can unsubscribe at any time To review our privacy policy, click here: Privacy Policy | How it Works

By submitting your email address, you give Today’s Top Stocks and Morning Bullets permission to deliver the report or research you’re requesting to your email inbox. You can unsubscribe at any time. To review our privacy policy, click here: Privacy Policy | How it Works

$25 to Profit from 20,000 IPOs

Days from now — 20,000 ‘IPOs’ could start flooding the market…
Enter your email address to reveal how anyone with $25 can stake their claim.


By submitting your email address, you give Todays Top Picks permission to deliver the report or research you’re requesting to your email inbox. As a bonus, you will also get a free subscription to one of our carefully selected marketing partners. You can unsubscribe at any time To review our privacy policy, click here: Privacy Policy | How it Works

By submitting your email address, you give Today’s Top Stocks and Morning Bullets permission to deliver the report or research you’re requesting to your email inbox. You can unsubscribe at any time. To review our privacy policy, click here: Privacy Policy | How it Works

"Bio-Chip" Sparks Potential 199,900% Surge by 2025

Sign up below for all the details on this tiny company being considered a once-in-a-lifetime investment opportunity.


By submitting your email address, you give Todays Top Picks permission to deliver the report or research you’re requesting to your email inbox. As a bonus, you will also get a free subscription to one of our carefully selected marketing partners. You can unsubscribe at any time To review our privacy policy, click here: Privacy Policy | How it Works