Betting on Electric Vehicles: Will EV Stocks Become The Best Appreciating Assets on Wall Street?

Despite fears over the pandemic, it’s been an exciting 12 months for renewables. With many nations ramping up their intentions for electric vehicles, could we see EV stocks becoming the best appreciating asset on Wall Street? Before we look to solve this question, let’s explore why we may be at the beginning of a boom period for stocks related to electric vehicles. Firstly, the arrival of the Biden administration in the US has led to the proposal for $174 billion funding for electric vehicles and a $2.5 trillion green infrastructure plan that looks set to create new employment opportunities and…...