It acquired its battery joint venture with Panasonic in early 2024, now called Toyota Battery, and plans to ramp up fully electric vehicle production to 1 million units by 2030. The company is developing solid-state battery technology, which it plans ev stocks to watch to start producing in 2026. Solid-state batteries could provide owners with several benefits, including extended range and faster charging. Any list of electric car stocks should include the granddaddy of them all, Tesla. Most of the vehicles were Model 3 sedans and Model Y crossover SUVs, and the rest were Tesla’s older, pricier models.
BYD: Holding the pole position in the EV industry
With that invention came this nation’s love for the open road. Later on, Ford and other American automakers started to lose their way. Fortunately, its groundbreaking Mustang Mach-E, an electric SUV that competes with Tesla’s Model Y, appears to have put the company back on track. The battery maker remains well positioned to supply EV batteries to all the major automakers that have unveiled grand plans to produce EVs.
The overall volume was nevertheless supported by the business-oriented Herio Green and Nerio Green models. Trading with NAGA Trader by following and/or copying or replicating the trades of other traders involves high levels of risks, even when following and/or copying or replicating the top-performing traders. Before making an investment decision, you should rely on your own assessment of the person making the trading decisions and the terms of all the legal documentation. The spectrum of options ranges from pure-play electric automotive manufacturers to manufacturers of integral components used in the creation of the vehicles. The largest ETF holder of BHP is the First Trust Indxx Global Natural Resources Income ETF (FTRI), with approximately 249.48K shares.
Investing in Renewable Energy Stocks
Only Zacks Rank stocks included in Zacks hypothetical portfolios at the beginning of each month are included in the return calculations. Zacks Ranks stocks can, and often do, change throughout the month. Certain Zacks Rank stocks for which no month-end price was available, pricing information was not collected, or for certain other reasons have been excluded from these return calculations.
With a market capitalization currently topping $1.2 trillion, Tesla stock trades at lofty price-to-earnings and price-to-sales ratios. The valuation makes the stock risky, but there’s no denying the company is a leader in the electric vehicle industry. Remember, you should have some trading experience and knowledge before you decide to invest in electric vehicles. You should consider using the educational resources we offer like NAGA Academy or a demo trading account. NAGA Academy has lots of free investing courses for you to choose from, and they all tackle a different financial concept or process – like the basics of analyses – to help you to become a better trader. XPENG rolled out its very first production model in December 2018.
General Motors: An old name with a new approach
In the second quarter of 2025, Li Auto reported net income of $153.1 million, a green flag for investors seeking EV companies that are less speculative options. With its strong industry position, it seems highly unlikely that a competitor will overtake BYD as the dominant global EV business anytime soon. For investors seeking a more conservative EV stock opportunity, BYD deserves serious consideration. Hailing from Silicon Valley, the global center for technology and innovation, electric vehicle (EV) manufacturer Lucid Group (LCID) was founded in 2007. The EV maker’s factory in Arizona is North America’s first purpose-built, greenfield EV facility.
While it gained market dominance through its inimitable reliability and dollar-for-value proposition, Toyota shifted its attention toward EVs and other alternative-fueled vehicles. Currently, the auto manufacturer is hard at work researching and developing a solid-state battery (SSB). If successful, this could impart a paradigm shift in the industry because of the SSB’s greater capacity and performance output.
Tesla Inc (TSLA)
And here’s the wild part — this $250 trillion wave isn’t tied to one company, but to an entire ecosystem of AI innovators set to reshape the global economy. Affiliate programs are not permitted in Spain for the investment service commercialisation or client acquisitions by unauthorised third parties. Our experts picked 7 Zacks Rank #1 Strong Buy stocks with the best chance to skyrocket within the next days. With a lower-cost model on the way, a deep-pocketed partner in Volkswagen, and steady operational gains, Rivian is positioning itself as a promising player in the EV race.
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- Luminar is now shifting from its older Iris system to a more advanced, unified platform called Halo.
- Volkswagen AG, the world’s largest automaker by volume, is undergoing a dramatic transformation into an EV powerhouse.
- The company had a net loss of $41 million in Q2, compared to $20 million the year prior.
- Any list of electric car stocks should include the granddaddy of them all, Tesla.
Both Ford and GM cut back on production in 2024 since they couldn’t get their electric vehicle prices down far enough to stimulate more demand. One of the biggest costs for EVs is the battery, and Ford said it’s pushing back the production of its F-150 Lightning to 2027 to take advantage of lower-cost battery technology. The Invesco WilderHill Clean Energy ETF (PBW -2.19%), which tracks the performance of the WilderHill Clean Energy Index, invests broadly in clean energy.
- It was the clear leader, making EVs cool, functional and mainstream.
- But like many companies in the EV space, profit remains a ways off.
- Per BloombergNEF, global electric vehicle (EV) sales are expected to hit nearly 22 million this year, a sharp 25% jump from last year.
- Investors in the US stock market are bracing for a pivotal week, as leading technology companies prepare to release their earnings reports.
- “A lot of buyers might wait for the price dropping like this,” Ma remarked.
MarketBeat All Access Features
The largest ETF holder of F is the SPDR S&P 500 ETF Trust (SPY), with approximately 41.75M shares. Investors may also find of interest that the ETF with the largest allocation to F stock is Engine No. 1 Transform Climate ETF (NETZ), with a portfolio weight of 7.17%. The largest ETF holder of TSLA is the SPDR S&P 500 ETF Trust (SPY), with approximately 8.88M shares. Investors may also find of interest that the ETF with the largest allocation to TSLA stock is the Consumer Discretionary Select Sector SPDR Fund (XLY), with a portfolio weight of 20.71%. That said, investors looking for long-term plays can find value in the stocks of companies that make EVs, as well as the batteries that go into them.
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. As a nickel miner, BHP Group (BHP) may not be the first name you think of when considering EV stocks. But nickel is an essential component of EV battery chemistries.
His Berkshire Hathaway (BRK.A +1.12%)(BRK.B +1.29%) first bought shares of the battery and EV company in 2008. Buffett trimmed Berkshire’s stake in BYD in late 2022 and early 2023 after seeing a significant appreciation in the share price. Unlike other solid-state battery competitors, such as QuantumScape, Solid Power intends to license its designs or sell its solid electrolyte for use in production at other battery manufacturers.
It was the clear leader, making EVs cool, functional and mainstream. Legacy automakers like General Motors (GM Quick QuoteGM – Free Report) are now pushing hard into the EV space. Startups like Lucid Group (LCID Quick QuoteLCID – Free Report) are attracting attention with fresh designs and new tech. And Chinese companies like BYD Co Ltd (BYDDY Quick QuoteBYDDY – Free Report) are charging ahead with big product lineups and global ambitions.
According to research from The Motley Fool, BYD is the global leader in EV production. In 2024, BYD manufactured 4,036,538 EVs — battery EVs and plug-in hybrid EVs — miles ahead of Tesla, which produced 1,787,944EVs. Investors who follow Warren Buffett, however, may recognize BYD as the company with the only EV exposure in the Berkshire Hathaway (BRK.A +1.12%) (BRK.B +1.29%) portfolio. Key trends include advancements in battery technology, autonomous driving, global expansion, and increased competition from both startups and established automakers.
Though steep challenges remain, many automotive experts consider EVs to be the future of transportation, which then leads to a potential opportunity for electric vehicle stocks. So, which auto stocks are the best bet for those who wish to diversify in both the energy and auto industries? The automotive industry gives you several options for diversification, including the Polestar 2, Nissan Leaf, Chevrolet Silverado EV, Tesla Model S, Chevrolet Bolt EV and more. This means that you can gain exposure to the car industry through several manufacturers. Investors seeking portfolio exposure to the electric car market who don’t want to select individual stocks can buy shares in exchange-traded funds (ETFs). There are plenty of options when it comes to electric vehicle ETFs, including some that specialize in clean energy, which are often popular with ESG investors.
