The electric vehicle (EV) market is likely headed toward a slump in 2024. Interest rates remain elevated, and the Federal Reserve does not want to be hasty about cutting them either. Moreover, despite the economy performing better than many had predicted, consumer sentiment remains below where it was before the pandemic. Despite this, there are good reasons to invest in reasonably valued EV stocks. These companies are trading at relatively cheap multiples, but their value proposition remains intact as secul ...