When I was in the market for a new car three years ago, I looked hard at an electric vehicle (EV). The problems I found were:
- Charging locations around me were few and far between at the time.
- But the bigger problem was that the cost of EVs was just too high … even with tax credits.
Now the EV market is surging. And automakers are slashing prices on new vehicles to entice customers amid high inflation.
As an investor, you want to know if this mega trend is one to buy into. I’m going to share what I found out about investing in EV-related companies using our Stock Power Ratings system.
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