While we acknowledge the potential of TSLA to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than TSLA and that has 100x upside potential, check out our report about this cheapest AI stock. Bajaj Auto Limited is making significant strides in the EV sector, with a focus on both two-wheelers and three-wheelers. Bajaj is well known for its Chetak e-scooter, as it marks its entry into the two-wheeler market. Bajaj is a major player in the three-wheeler market and is focusing on extending their EV manufacturing. Over the next few years, Lucid is projected to increase, with prices potentially reaching US$3.05 per share by 2029.
- Chief executive He Xiaopeng has said that the company is aiming to break even in 2025.
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- Financially, Luminar has also taken steps to strengthen its position.
- If investors do not want to allocate directly to EV stocks, options stretch beyond the automakers themselves when searching for exposure to EVs.
- This initiative marks a major milestone in the country’s journey towards sustainable transportation.
Top 5 Stocks to Watch in the EV Sector
This strategic focus reflects the company’s anticipation of the immense potential within the electric vehicle segment. TVS Motor Company’s strategic initiatives and dynamic product launches in the electric vehicle space underscore its dedication to advancing sustainable transportation solutions. These efforts not only bolster TVS’s position in the Indian market but also contribute significantly to the global EV landscape, reinforcing its status as one of the best EV stocks in India. HBL Power’s global recognition as the second-largest manufacturer of nickel-Cadmium batteries and its unique position in India using this technology further amplify its status in the global electric vehicle space. Such achievements reinforce the company’s commitment and innovative spirit in the EV sector. Olectra Greentech, a leading Indian entity in the electric vehicle (EV) sector, is renowned for its innovative approach to developing custom electric vehicles, especially buses.
As a leading battery manufacturer, Exide provides indispensable power storage solutions vital for the functionality of electric vehicles. The company’s diverse product range includes batteries for a variety of applications, such as automotive, motorcycle, Valve Regulated Lead Acid (VRLA), telecom, Uninterruptible Power Supply (UPS), railways, and defense sectors. This versatility is key in catering to the varied power needs of the evolving EV market.
This decline aligns with broader market trends following recent policy changes, including the revocation of certain EV mandates. Despite these challenges, Rivian’s strong order backlog and strategic partnerships, such as those with major retail and logistics companies for electric delivery vans, underscore its growth potential. In 2023, Sona BLW took a significant step forward by partnering with Equipmake to develop next-generation electric powertrains for a range of vehicles, including cars, buses, and commercial vehicles. This collaboration underscores the company’s commitment to advancing electric mobility solutions and staying at the forefront of EV technology. Samvardhana Motherson has strategically expanded its capabilities and global reach through multiple acquisitions, enhancing its position in the automotive industry.
Tata Motors Ltd.
Contemporary Amperex Technology Ltd, commonly known as CATL, is the largest EV battery supplier in the world. Its batteries accounted for 37% of the market share in the first half of 2024, and it supplies batteries to popular automakers, including Tesla, BMW, Toyota, and Honda. There are many stocks for companies that make electric vehicle batteries.
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Ashok Leyland’s journey in the electric vehicle space, marked by its pioneering product launches and strategic collaborations, underscores its commitment to sustainable mobility solutions. These efforts not only strengthen the company’s position in the Indian automotive sector but also contribute significantly to the global electric vehicle industry, reinforcing its status as one of the best EV stocks in India. Samvardhana Motherson International Ltd., originally known as Motherson Sumi Systems Ltd., is a distinguished Indian manufacturer established in 1986 as a joint venture with Japan’s Sumitomo Group. Specializing in wiring harnesses, plastic components, Ev stocks to watch and rearview mirrors for passenger cars, the company has carved a niche in the automotive components industry. EVs are not only a vision of the world on wheels but also a global shift to a healthier environment and better quality of life. As they do not emit any pollutants and are designed with advanced technology, electric vehicles are a better solution compared to regular automobiles powered by gasoline.
Best electric vehicle battery stocks in 2025
It is aimed at creating other new lithium batteries for electric form of transport like cars. One of the major factor to propel the EV market is government policies which are implementing stricter emissions regulations. The EU, China and several U.S. states have announced plans to ban sales of new gasoline-powered vehicles in the coming decades, creating a robust regulatory push for EVs. Technology advancements is another major factor for the growth of EV market along with declining battery costs, making EVs more affordable for consumers. QuantumScape is developing solid-state battery technology to increase the range of EVs and enable them to recharge more quickly.
Melissa Pistilli has been reporting on the markets and educating investors since 2006. She has covered a wide variety of industries in the investment space including mining, cannabis, tech and pharmaceuticals. She helps to educate investors about opportunities in a variety of growth markets. Melissa holds a bachelor’s degree in English education as well as a master’s degree in the teaching of writing, both from Humboldt State University, California.
Enphase Energy (ENPH)
Pure-play EV manufacturers like NIO, Rivian and Lucid are also gaining traction. The industry also encompasses a broad ecosystem of suppliers, from battery manufacturers to charging infrastructure companies, presenting diverse investment opportunities. For this article, we sifted through online rankings to form an initial list of the 20 Best EV Stocks. From the resultant dataset, we chose 8 stocks with the highest number of hedge fund investors, using Insider Monkey’s database of 1000 hedge funds in Q to gauge hedge fund sentiment for stocks. We have used the stock’s revenue growth year-over-year as a tie-breaker in case two or more stocks have the same number of hedge funds invested. FREYR Battery is another early-stage development company working on battery technology and manufacturing processes.
- This policy change has led to stock fluctuations across the sector, as companies reassess their strategies in response to the evolving regulatory landscape.
- Electric and autonomous vehicles are no longer just the future—they’re quickly becoming the present.
- While short-term market fluctuations are influenced by policy changes and economic factors, the overarching trajectory points towards growth and innovation.
- Its ID series has gained traction, while premium offerings from Audi and Porsche tap into luxury demand.
- Now, Li Auto is going full throttle into pure battery electric vehicles (BEVs).
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The company started volume production of its first model, Li ONE, in November 2019, and launched its initial public offering in July 2020, raising US$1.1 billion. Backed by Warren Buffett, in 2020 BYD officially launched its Blade battery, a less bulky LFP battery. The following year, the company announced that it would use the Blade LFP batteries for all of its pure electric models.
Ashok Leyland in the Electric Vehicle Space
When considering shares, indices, forex (foreign exchange) and commodities for trading and price predictions, remember that trading CFDs involves a significant degree of risk and could result in capital loss. This information is provided for informative purposes only and should not be construed to be investment advice. Hence, EV stocks in India can be a favorable investment opportunity as all the automotive sectors are paying attention towards sustainability and advancement in technology. Advancements in EV technologies, such as autonomous driving, connected car technologies, and a lot of other features, stand as the major pillars for its increased popularity in the EV market.
Several macro trends are propelling these EV stocks into the spotlight. Government policies worldwide, from emissions bans to EV incentives, continue to push adoption, particularly in Europe and China. Technological advancements, like cheaper batteries and faster charging, make EVs more accessible, boosting consumer uptake.