Published on 12 Feb 2024 on Insider Monkey via Yahoo Finance
11 Best Small Cap Electric Vehicle Stocks to Invest In
In this article, we will be taking a look at the 11 best small cap electric vehicle stocks to invest in. To skip our detailed analysis of the EV industry, you can go directly to see the 5 Best Small Cap Electric Vehicle Stocks to Invest In.
EV Demand in 2024
Ever since electric vehicles (EVs) joined the automobile industry, debates about their utility and efficiency in comparison to conventional vehicles have been taking place. It is argued that EVs are abundantly more friendly to an environment that is already suffering at the hands of carbon emissions and pollution and that they are exceptionally efficient in terms of energy consumption. Governments across the world are attempting to promote electric vehicles among their citizens by offering public funding to EV manufacturers, subsidies and tax credits to consumers, and so much more that can make the ownership of an EV a possibility for the average person. However, there is some discourse surrounding EVs today that indicates that the exorbitant prices of these innovative and exciting vehicles are discouraging most people from buying and owning EVs.