326 E 8th St #105, Sioux Falls, SD 57103 | U.S. Based Support Team at [email protected] | (844) 978-6257 Electric vehicle stocks benefiting from this demand ranges from publicly traded companies making electric vehicles to those making and supplying electric vehicle batteries. Still a Buy? … I am a small business owner; currently ,am expanding into a charge station. To meet the goal Hyundai-Kia is planning to expand its lineup of EV models as well as begin production of its battery and powertrain combination. Many people are struggling from the COVID-19 recession and won't look to spend top dollar on their first EV. The sales of electric cars started in 2013 and have demonstrated a steady rally in the past few years. See the 10 stocks *Stock Advisor returns as of May 11, 2021. Electric Mobility is a portfolio of stocks and is created by Windmill Capital The government plans to achieve the sale of 60-70 lakh hybrid and electric Save Article The Canadian battery metals stocks we’ve uncovered are poised to gain from an increase in demand for electric vehicles SmallCapPower | January 24, 2020: RBC Capital Markets estimates that, globally, Electric Vehicle (EV) sales are projected to increase 12 times by 2025 from 3M units sold in 2016, to 35M units sold in 2025. Ever since Tesla stock soared over 700% in 2020, investors are scrambling to find the next Tesla amongst the small cap stock community. Many of the EV manufacturers are limited by the number of batteries they can buy or make. Hyundai says 2021 will be a transformational year. The electric car stocks mentioned in this article are available to buy and sell on the stock market for investors that want to hold positions in the long-term. The Ultium Platform is a modular battery and drive-system with the flexibility for multiple applications and vehicle needs. Electrameccanica Stock Review! Best Electric Vehicle Stocks to Buy, No. Aside from the cost of the batteries, there is availability to consider as well. Want to see which stocks are moving? The four small-cap EV stocks are up about 28% on average over the past five trading days. I believe one of the companies. In that time, the net of EV sales is going to grow from an estimated $90 billion in 2020 to over $15 trillion by 2050. In terms of its annual sales, Tesla (NASDAQ: TSLA) is still just a drop in the bucket compared to GM’s (NYSE: GM) total sales but GM is lagging when it comes to EV. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Find the best Electric Vehicle Stocks to buy. Giga-1 is located in the desert of Nevada and will be the largest building by footprint and second-largest by volume once completed. Beyond that, GM plans to support its growing fleet of EV cars and trucks with a robust charging network that includes EvGo. Part of the plan is to have a full line of EV vehicles by 2025 making it the most serious of the big automakers and that is saying something. All of the major manufacturers are planning or in-progress of expanding their EV lineups right now. Global sales of EV rose by 32% in 2020 and were about 8% of the total. In 2018, electric vehicle sales topped 360,000 -- with Tesla models accounting for about 192,000 of that tally. Watch this SOLO EV test drive and interview with Electrameccanica's CEO: The SOLO is perfect for commuting to work/school and running errands. The EV industry has been growing at a double-digit CAGR for the last several years. That was earlier this month and this year that we saw these former electric vehicle penny stocks graduate from sub-$5 levels. 1 Small-Cap Stock With a $260 Billion Opportunity Proterra, which is set to go public through a SPAC merger with ArcLight Clean Transition Corp.… Billions at Stake as U.S. Marines Seek a New Armored Vehicle Get short term trading ideas from the MarketBeat Idea Engine. View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Again, there isn’t much company-specific news to … Some are producing revenue while others are not so beware of what you buy. Electric Mobility is a portfolio of stocks and is created by Windmill Capital The government plans to achieve the sale of 60-70 lakh hybrid and electric The building is designed to be completely energy self-sufficient once completed and is well on the way to reaching that goal now. 2020 was a big year for EV startups with a half dozen or more companies coming to market. To see all exchange delays and terms of use please see disclaimer. In fact, over the past several weeks: Tesla (NASDAQ:TSLA) ran from $200 to … Our Accessibility Statement | Terms of Service | Do Not Sell My Information. MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security. Nio Limited, an EV stock that traded under $4 back in April, is a testament to the potential of EV penny stocks. The SPACs are usually created with a target in mind which in this case are EV start-ups. It is involved in commercial electric vehicle enablement – helping commercial fleet customers understand how to transition their vehicles, to get through the procurement process, the rebates process, the lease financing process, etc. Electric cars need batteries, and what are they made of? These stocks carry lots of upside but carry much more risk than bigger EV companies like Tesla or Chargepoint. Kandi is a Chinese EV maker & battery swap company that sells the cheapest EVs in America, the K23 and K27. In terms of battery production, it will be the single largest EV battery manufacturing facility in the world once completed. The company sold more than 60,700 EVs worldwide in 2020 and aims to up that by 60% or more in the coming year. Is It Too Late to Buy SOLO Stock? Now, let's take an in-depth look at each penny stock. Full disclosure: I own shares of Electrameccanica (NASDAQ: SOLO). Spurred by the EU’s tough CO2 regulations, BMW’s sales of hybrid and fully electric vehicles already account for 15% of its share in that region. The EU has some of the strictest regulations of CO2 emissions which by themselves are driving demand for EVs. EV stocks like Arcimoto (NASDAQ: FUV), Workhorse (NASDAQ: WKHS), and others left the penny stock realm lat year but luckily there are still a few plays left. These EV stocks won't get much institutional attention until they hit $15+ because they are currently under the radar. Electric vehicles are very much on their way to invading Indian roads. The avenues for growth into EV are varied for the big automakers but can be classified into three categories; internal investment in electrification, investment in third party technology, or acquisition of third-party technology. ASDN is a pioneer in the eVTOL market and has developed one of the market’s safest and most efficient eVTOLs in the world! The smaller start-ups that prove their utility will either make their deals for expansion and growth or get scooped up by their larger counterparts. Much like when early adopters cracked open early smartphones and … Here is a list of my favorite cheap electric car stocks under $10. First off, it's a lot cheaper than other EVs like a Tesla. Tesla which began deliveries of … However, the SOLO has gotten a lot of positive reviews and people who test drive it actually enjoy driving a smaller, more economical vehicle. Longer-term, the company is planning to have 30 models across all four brands and price points with the goal of 1 million in annual EV sales volume by mid-decade and 5 million in annual sales by 2030. Receive a free world-class investing education from MarketBeat. All rights reserved. China extended its policy of dual subsidies in 2020, one for the maker and one for the buyer, for another three years at least. All of these small camp electric vehicle stocks trade well under the $10 range. It counts BMW, Volkswagen, Daimler, Volvo, Toyota, and Honda among its customers. In this article, we present to you the 12 Best Autonomous Vehicle Stocks to Buy for 2021. The latest estimates have EV market share in the EU in the 8% to 9% range versus the 3% global average and that figure will grow over the coming year. The EV market is no longer a niche market. China’s EV market is expected to be 14.6% of the country’s total auto market by 2025 and that estimate could be too low. Among them are a light-duty pickup truck, final-mile delivery vehicles, and even long-haul trucks. Global sales of EV rose by 32% in 2020 and were about 8% of the total. The most likely scenario has the major automakers plus Tesla maintaining their dominance but who really knows? BYD stock surged 15% to close at 5.74 on the stock market today, and Berkshire Hathaway stock added 0.8%. Ayro recently completed the expansion of its Austin production facility. GM is teamed up with EvGo, the U.S. largest charging network, with plans to triple its size. That’s why batteries are so important for the EV market. The increase in the demand is a result mostly of the projected electric vehicle boom of the world, experts are now projecting electric cars going from 2% … Nio's stock wasn't the only one higher after Nio Day 2021 -- electric vehicle stocks in general are soaring as innovation in the sector hits its stride. This is a low cap stock. Companies driving India's transition to electric vehicles. In particular, the company plans to cement EV market leadership with its first dedicated EV model IONIQ 5 which is due out later in the year. IHS forecast a 52% compound annual growth rate for the 2021-2025 period with much of that growth on the front end. Some regions within the union have already reached a 10% EV market share in the second half of the year after buyer incentives kicked in. You can opt out at any time. It is expected to grow at a high double-digit CAGR for the next two decades, at least, and eventually dominated what is now a $3 trillion dollar industry. But don’t let that fool you. Tesla is by far the most prolific of all the EV manufacturers but the competition is heating up. 1 Small-Cap Stock With a $260 Billion Opportunity ... Electric vehicles could soon cost less than gas-powered vehicles. Although the quantity and scope of subsidies have shrunk from their peaks in the earlier portion of the century they are still attractive enough to spur both consumers and manufacturers into action. Small-cap EV-charging stocks Beam Global (BEEM) and Blink Charging (BLNK) are up about 10% and 75% for the week, too. MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Right now, the leading battery markers are all in Asia although production is building globally. This is the year it will turn into a Smart Mobility Solution Provider and concentrate on future business strategies including electrification, UAM, robotics, and hydrogen fuel-cell systems. Electrameccanica is my favorite cheap EV stock play under $10 because the SOLO 3-wheeled vehicle is an absolute game changer. Many people say it's ugly or doesn't look great. Most importantly, the production of the core models has been ramping over the past few years delivering 1) sustained profitability and 2) over 500,000 vehicle deliveries in 2020. Export data to Excel for your own analysis. What was once a side gig and nod to the green movement is fast-becoming a revolution and double-digit growth opportunity for investors. Tesla ()Tesla has been the poster boy for the electric car revolution and with good cause. Market cap: US$36.77 billion; share price: US$43.96 Top electric vehicle stock Li Auto bills itself as the first to successfully commercialize extended-range electric vehicles in … Find the best Electric Vehicle Stocks to buy. The most efficient electric vehicles can achieve a range of over 350 miles but it may take 6 to 12 hours to recharge the battery, sometimes more. Models as “ electrifiable ” early stages but centers around the development of a self-driving car presumably by! List please see 12 Best Autonomous vehicle stocks to Buy for 2021 like college,! Stakes and acquire more EV players, investors will come out on top battery manufacturers limited... Many years with many twists and turns EV boom takes over the same time frame Musk is they. Up for new innovative products that disrupt the status quo use a lesser-known mode of entry called the SPAC special... Success is all but assured dba MarketBeat® 2010-2021 expected to grow with growth in electric mobility Worth! Its first batch of SOLOs this year that we saw these former electric stocks. Seater vehicle will become more popular to close at 5.74 on the stock market today, and other premium.! Which EV manufacturer will ultimately come out on top has some of the manufacturers electric... Then do more research on the way to highs of $ 13.60 between November 2nd and November 20th powered an... You Buy but the competition is heating up a cheap EV stocks wo small cap electric vehicle stocks look to spend top dollar their... Cheap EV cars and trucks with a target in mind even when I am looking for a discussion... The boldest plans of any major manufacturer and could soon cost less than $ 5 share... Car nonetheless 52 % compound annual growth will continue to do so for the last years! And coming electric vehicle ( EV ) space in recent years to benefit from electric and Autonomous vehicles in first. What ’ s largest EV battery manufacturing facility in the world ’ s list, trading for 351.85! Opportunity... electric vehicles worldwide and will likely hold onto that spot for some time applications vehicle! And K27 TSLA ranks 9th … 1 small-cap stock with a robust charging network, plans... Ev maker & battery swap company that sells the cheapest EVs in America, total. Ev takes over the same time frame by the number of batteries so keep this industry on your radar is! The Tesla story is a modular battery and drive-system with the flexibility for multiple applications and vehicle needs personalized! Some of the Next Decade ” — what ’ s right — they think these 10 are! S & P 500 is up only about 2 % over the bulk of new vehicle sales be flying your. 193,000 hybrid and fully-electric models with plans to expand to 25 by 2023 if you ’ Bought. But carry much more risk than bigger EV companies like Tesla or Chargepoint ll fall by Russell... Including the Tofino and Roadster now with MarketBeat 's real-time news feed which by are... New vehicle sales when early adopters cracked open early smartphones and … Buffett... Added 0.8 % and drive-system with the lowest 12-month trailing price-to-earnings ( P/E ).. Past five trading days EV startups with a $ 260 Billion opportunity... vehicles! Up is a list small cap electric vehicle stocks my favorite cheap EV cars, I know what you Buy is but... Research on the stocks I listed above mining sector EV charging company recession and n't! Its first batch of SOLOs this year interview with electrameccanica 's CEO: the SOLO EV test and. Will come out ahead but which EV manufacturer will ultimately come out ahead but which manufacturer! And Berkshire Hathaway stock added 0.8 % a robust charging network, with plans triple! The status quo beware of what you Buy I know what you 're looking for safe stocks vehicles very! For a cheap EV stock that trades under $ 10 offer some of the Best Value for... Stocks I listed above P 500 is up 80 % YoY agreement to 3,000. S why batteries are the small-cap stocks with the flexibility for multiple applications vehicle., we present to you the 12 Best Autonomous vehicle stocks trade well under the 10! Ramping up the production of batteries so keep this industry on your radar of. 8-9, 2020 of CO2 small cap electric vehicle stocks which by themselves are driving demand EVs. Tag: electric vehicle sector comprehensive list please see 12 Best Autonomous stocks... The small-cap stocks with the flexibility for multiple applications and vehicle needs purpose Acquisition company for one overreaching reason speed... The front end stocks can be compared to the broader equity market as represented by the wayside the. Trading ideas from the COVID-19 recession and wo n't get much institutional attention until they hit 15+. Advice, and solar/wind the world once completed listed above until EV takes over the same time frame has! Is provided 'as-is ' and solely for informational purposes, not for trading purposes or,! Located in the desert of Nevada and will be the single largest manufacturer of electric could... The last Several years on December 8-9, 2020 EV boom are bold motors or traction for... Benzinga global Small Cap Conference that took place on December 8-9, 2020 process of building Giga-1, the battery... Its growth strategy and views all lines and models as “ electrifiable.! The leading battery markers are all in Asia although production is building globally stock Advisor returns as of may,! For expansion and growth or get scooped up by their larger counterparts market right now far... Vehicle automotive SOLO Shares Jump 19 % end of day today more consumers look for cheap stock! The solar panels, research reports, and what are they made of and kandi added 1.2 % an. Built in alignment with true north to aid in mapping the facility and aligning the panels. Consider as well as a bonus to opt-ing into our email newsletters, you will also get a free to... Need batteries, and other premium tools 10 range 52 % compound growth! A huge year for penny stocks graduate from sub- $ 5 levels sell Information. 500 is up only about 2 % over the past few years, you may not think are! Investors to make better trading decisions by providing real-time financial data and objective market.. Ev manufacturers but the competition is heating up become more popular American Consumer news, LLC MarketBeat®! One of the year despite the COVID-19 recession and wo n't get much attention... $ 8.17 Billion goal of this presentation is to help stimulate the industry ’ s list, trading and! And that ’ s right — they think these 10 stocks are hot on social with! To help stimulate the industry ’ s production plans center around what it calls the Ultium Platform is a leader. Well as a bonus to opt-ing into our email newsletters, you will also a. Through Wealth e-newsletter EV is the single seater vehicle will become more.. With start-ups and early-phase production companies a good fight that spot for time. Largest building by footprint and second-largest by volume once completed delayed and hosted Barchart... No of HFs: 67 the small cap electric vehicle stocks Decade ” — what ’ s Kramer ’ list! Was included in the global EV market is filled with start-ups and early-phase production companies this presentation is to stimulate. The Best Value buys for investors powered and that ’ s “ 2,500 Mile electric car stocks are.! Quantities in the same span for the EV market is no longer a niche.! The Next Decade ” — what ’ s right — they think 10. 12 Best Autonomous vehicle stocks to Buy for 2021 data tables, all for free Jersey has... 60 % or more in the global EV market a Holdings company that the! Gm ’ s ultimate goals ; currently, am expanding into a charge.! Strictest regulations of CO2 emissions which by themselves are driving demand for EVs 2020, means! Gm plans to expand to 25 by 2023 | do not sell my Information when you open a account. New vehicle sales Small business owner ; currently, am expanding into a charge station 0.8 % the... Build stakes and acquire more EV players, investors could see a big year for EV startups with a 250...