From Yahoo Finance: 2025-05-11 16:22:00

Electric vehicle (EV) stocks are gaining momentum, with Stellantis N.V. (NYSE: STLA) standing out among the best. S&P Global Mobility reports that 7.36 million of the 16 million cars sold in 2024 were not made in the US, affected by tariffs. Despite challenges, Cox Automotive reports an 11.4% YoY increase in EV sales in Q1 2025 in the US.

Despite a 26% decline in sales for a well-known EV brand, Rho Motion projects a 17% global increase in EV sales in 2025, reaching 20 million units. China leads the market, with a 40% jump in EV sales forecasted. Policy uncertainties pose a threat to future growth, despite expected sales increases in Europe and the US.

Stellantis N.V. (NYSE: STLA) emerges as a strong player in the EV market, boasting an average 5-year revenue growth of 21.61%. The company offers a variety of electric vehicles, with plans to introduce over 75 battery EVs by 2030. In 2024, Stellantis showcased strong inventory control and global expansion efforts, solidifying its position as a high-growth stock.

While STLA ranks 8th on the list of High Growth EV Stocks to Invest In, AI stocks are seen as more promising for higher returns within a shorter timeframe. Investors looking for AI stocks with potential growth may find opportunities beyond STLA. Consider exploring the potential of AI stocks that offer substantial gains at a lower valuation.

Read more: Among the High Growth EV Stocks to Invest In