From Yahoo Finance: 2025-05-11 17:36:00

Electric vehicles (EVs) accounted for 8.1% of US vehicle sales in 2024, below the expected 10%. Despite slow adoption, Cadillac plans to offer five EV models by 2025. Cadillac aims for EVs to make up 30-35% of US sales in 2025, but has abandoned plans to sell only EVs by 2030.

Plug Power Inc. (PLUG) is a leading hydrogen fuel cell company with a market cap of $793.27 million and 24 hedge fund holders. The company secured a $525 million credit facility and aims to reduce expenses by $150-200 million through Project Quantum Leap. Analysts maintain a “Buy” rating with a $3 price target, citing stability and growth prospects.



Read more at Yahoo Finance: Is Plug Power Inc. (PLUG) the Best Small Cap EV Stock to Buy?