1 Electric Vehicle Stock to Buy Hand Over Fist in 2023 and 2 to Avoid Like the Plague
While there are a number of intriguing trends worth investing in this decade, few offer the transformative growth potential of the electric vehicle (EV) industry.
According to a report released in late October by Beyond Market Insights, the global EV market is expected to deliver a 22.5% compound annual growth rate between 2022 and 2030. In dollar terms, we're talking about global EV sales totaling approximately $1.1 trillion by 2030.
But as we know from watching a variety of next-big-thing investments take shape over the past couple of decades -- e.g., the internet, business-to-business e-commerce, genomics, and 3D printing -- not every company is going to be a winner.
Source Fool.com
