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How can I invest in electric car battery manufacturers?
I love driving my electric car, and I believe that the electric vehicle industry is due for some exponential growth very soon. If I wanted to invest stock in electric car battery manufacturers, how would I go about doing that?
Allison Stone · Updated on
Reviewed by Shannon Martin, Licensed Insurance Agent.
Investing directly in
electric car
battery stocks is a great way to aid in the transition away from gas-powered cars, so kudos to you for doing the research. If you want to invest in the top companies that make EV batteries, check out:- BYD (OTC:BYDD.F): Manufacturer of EVs and components, including batteries.
- Albemarle (NYSE:ALB): Top producer of the lithium used in EV batteries.
- Panasonic (OTC:PCRFY): Japanese conglomerate and battery supplier to Tesla.
- **QuantumScape (NYSE:QS): Company that is developing solid-state battery technology.
These are just a few examples, but there are plenty of other options to invest in that create EV batteries and battery technology. You can most likely buy stock in these companies through an online broker, but you should definitely research the risk of investing in international stocks before you take the plunge.
Sign up with the
Jerry
app and you could find even more money that could go towards investing in the electric car revolution. Jerry is a
car insurance
comparison app that compares plans and rates from 55+ top-rated insurance providers in seconds. We’ll even send you new quotes every time your policy comes up for renewal, so you’re always getting the coverage you want at the best price.Find out how much you could be saving today!
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- Gregory R.
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