Why EV Stocks Are Poised To Explode This Summer
- Date: 02-Jun-2021
- Source: Yahoo News
- Sector:Financial Markets
- Country:Gulf
Why EV Stocks Are Poised To Explode This Summer
Hundreds of billions of private dollars are being poured into the EV industry … and that's on top of Biden's $174 billion for subsidies and charging stations.
There is no stopping the surge.
General Motors (NYSE:GM) is investing $27 billion in EVs over the next five years. It used the Superbowl for its breakout. Now, it's mainstreaming them as the all-American car choice.