Prediction: These Could Be the Best-Performing EV Stocks Through 2030
The world is almost certainly headed for an electrified future within the automotive industry. While a rising tide will lift all boats, as they say, not all electric-vehicle (EV) stocks are created equal, and many start-ups will fail.
Several EV companies are positioned to thrive through 2030. Here are three options for investors to consider: EVgo (NASDAQ: EVGO), QuantumScape (NYSE: QS), and Rivian (NASDAQ: RIVN).
There are two challenges facing the EV industry that's slowing down mass adoption in the U.S. market: the lack of charging infrastructure, and the high price tags of EVs (which is driven largely by high battery costs).
Source Fool.com
