3 Beaten-Down EV Stocks With the Potential to Shift Back Into High Gear
LACLithium Americas (LAC) InvestorPlace·2024-04-12 04:40

It’s fair to say that the entire EV sector is maligned at the moment. Stocks throughout the upstart industry have seen their values plummet over the last year. The global EV market slowed down as higher lending rates slashed demand. Speculative SPAC firms failed, and Chinese demand cratered as its economy suffered. Yet, EV sales continue to increase albeit at a slower rate. The industry is continuing to grow. That would make some investors seek for undervalued EV stocks. It is also becoming more competitive ...