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Best EV Companies Stocks In USA and How To Buy
Simran Kaur
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Published on 23rd May 22
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The rise of electric vehicles (EVs) has sparked a surge in interest in electric vehicle stocks, which has resulted in higher trading volume and, in some cases, significant price appreciation.

Many believe that the sector's phenomenal growth are only the tip of the iceberg.

Yet, just like with any other type of stock or investment, not all electric car stocks are the same. Investing in a stock just because it's in the electric vehicle (EV) sector is a bad idea.

A large number of companies are entering the electric vehicle (EV) sector, making it more challenging to identify promising prospects than in more established industries where there are clear market leaders and a well-established product.

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How do I choose the right fit?

Best Value Electric Car Stocks: These are the stocks of electric car manufacturers with the lowest 12-month trailing price-to-sales (P/S) ratio. This might serve as a rough assessment of a business's value for enterprises in the early phases of development or in industries experiencing significant shocks. When a company achieves (or returns to) profitability, higher sales may result in a larger profit. The price-to-sales ratio indicates how much you are spending every dollar of sales generated.

Now that you understand how to evaluate, let's examine the top EV company stocks from the United States to add to your portfolio in 2022.

1. Tesla, Inc. (NASDAQ: TSLA)

The famous Tesla's shares - Elon Musk's company continues to pioneer electric automobiles. Many experts predict this high-growth stock will continue to rise. Musk alluded to increased vehicle deliveries and maintained 50% year-over-year growth through 2022.

The business also has upcoming catalysts:

Electric Vehicles: Analysts have noted that while the company's automobiles are in high demand, they only cover 15% of the market. Experts expect the corporation to develop new models to reach a wider audience.

Cybertruck: Investors have been awaiting the Tesla Cybertruck, a sleek electric truck. The Cybertruck will likely be in high demand as one of the first electric trucks on the market. The vehicle will be produced later this year and delivered in late 2022.

Electric Vans: Only electric vans are lacking from Tesla's manufacture line. Musk claimed Tesla is working on electric vans on a conference call after its fourth-quarter results announcement, but there's no release date.

Plaid Delivery: The Plaid car can drive from 0 to 60 mph in two seconds, making it speedy as well as sending the stock skyrocketing.

The stock may have been costly early in the year, but it's currently inexpensive given the company's outstanding revenue and profits growth and upcoming catalysts. Yet in general, it's risky to bet against industry pioneers, and Tesla stock is no exception.

2. General Motors (NYSE: GM)

A 112-year-old traditional carmaker on the list of finest electric vehicle stocks for 2022- GM is developing electric vehicles and has made one of the industry's largest promises.

General Motors has revealed plans to phase out all gasoline-powered vehicles in favour of all-electric versions. To start, the business aims to invest $7 billion this year and produce 30 EVs. The business will invest $27 billion in EVs by 2025.

The business will release three new products by fall, including the first Electric Hummer. The business will also debut the larger 2022 Chevy Bolt EUV. FedEx ordered BrightDrop EV600 delivery vans from GM. These electric vans feature a 600-cubic-foot cargo capacity and 250-mile range. BrightDrop EV600's quick recharge can add 170 miles per hour.

GM has been a dominant automaker for years, and as it innovates in the EV sector, it will likely keep its crown. Overall, the stock is worth your time.

3. Ford (NYSE: F)

Ford is another automobile industry pioneer, holding a prominent position for more than a century. The corporation has endured the ups and downs of the auto market and remained an innovation leader. This is not a business that is likely to pass up an opportunity - which is why the company is rushing to lead in electric cars.

Currently, Ford has two electric vehicles on the market:

Mustang Mach E: Ford wouldn't be doing its fans any favours if an electric Mustang left them in the dust. Mustang Mach E reaches peak acceleration in under a second and has low planned maintenance, saving cost of ownership.

E-Transit 2022: Ford wants to make commercial vehicles to compete with GM. The 2022 E-Transit appears to be an attempt. The commercial vehicle has plenty of capacity for packages or other business needs. With only 126 miles of range per charge, even the BrightDrop EV600 falls short.

Not to mention, the company revealed a Google collaboration. The two businesses will work together to upgrade Ford production facilities using visual AI, create new purchase experiences, and use connected vehicle data.

Having a partner like Google is a huge advantage in the future auto business since technology and traditional mechanics are combined. Which is why, this classic winner has even more appeal.

What is your best pick?

Lately, the electric vehicle business is attractive and gaining investor interest -as the global understanding of energy changes, demand for green vehicles will rise.

EVs combine classic mechanics with cutting-edge technology, making them a fascinating topic. There's no such thing as a risk-free investment, which is why research is crucial when buying any stock.

Today, the industry has several opportunities - consider the dangers and do your homework while investing in space. Making well-researched, well-thought-out investing decisions will boost your profits.

The author's views may not necessarily reflect riskfree investment - it is purely for entertainment and informational purposes and should not be seen as a solicitation to buy securities. Before investing, investors should consult a financial professional or perform their own research.

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