3 EV Stocks to Buy on the Dip: July 2024
ALBAlbemarle(ALB) Investor Place·2024-07-23 02:34

The crisis is becoming an opportunity for down, but not out, EV stocks.All thanks to a resurgence of strong electric vehicle sales. As noted by Cox Automotive, “Electric vehicle sales in the U.S. grew by 11.3% year over year in the second quarter, reaching a record-high volume of 330,463 units, according to new estimates from Kelley Blue Book.” Even now, with sales only expected to accelerate, we need more EV charging stations. Unfortunately, we’re still waiting for that to happen.Even better, many of the t ...