Published on 16 Oct 2024 on Insider Monkey · via Yahoo Finance
Is Stellantis N.V. (STLA) a Top EV Stock to Buy According to Hedge Funds?
We recently published a list of 13 Most Promising EV Stocks to Buy According to Hedge Funds. In this article, we are going to take a look at where Stellantis N.V. (NASDAQ:STLA) stands against the other most promising EV stocks to buy according to hedge funds along with the industry outlook.
According to a September 13 report by S&P Global, the auto industry’s shift to electric vehicles (EVs) is accelerating, with 2026 seen as a pivotal year for adoption. By 2030, over 25% of new passenger cars sold are expected to be electric, as the transition away from internal combustion engines (ICE) gains momentum.