Published on 30 Apr 2024 on Insider Monkey via Yahoo Finance
In this article, we will be looking at the 11 Best EV Charging Stocks To Invest In. If you want to skip our detailed analysis of the EV charging industry, you can go directly to the 5 Best EV Charging Stocks To Invest In.
The electric vehicle charging industry is generating high interest as the world shifts towards a greener future. Global EV sales are expected to grow by 36% in 2024. Although this growth is slower than the previous year growth of 62% in 2023, the EV market still remains a rapidly growing market. With sales of 10 million EVs in 2022, the global EV sales have more than tripled from 3 million EV sales in 2020. As per S&P Global Mobility, EV sales could make up 40% of total U.S. passenger car sales by 2030.