Electric vehicle sales are set for a 35% year-on-year increase in 2023, with national policies and incentives providing further impetus for producers and consumers. So far, overall, this has been rewarding for investors. While the top 14 EV stocks had a market capitalization representing only 13% of that of the Top 10 vehicle manufacturers as of the end of 2019, they still managed to outperform them.
That trend continued through last year, both with EV and battery stocks.Electric car sales exceeded 10 million units in 2022, with their market share…Is This The Best Way To Play The $700 Billion EV Boom?
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