One of the Best Small Cap EV Stocks to Buy
From Yahoo Finance: 2025-05-11 17:38:00
- Electric vehicles (EVs) made up 8.1% of US vehicle sales in 2024, falling short of the expected 10%. However, some believe the EV market is gaining momentum.
- Cadillac plans to offer five EV models by the end of 2025, aiming for one in three vehicles sold in the US to be all-electric this year.
- EnerSys (ENS) ranks among the top small-cap EV stocks to invest in, with a $199M Department of Energy award for a new lithium-ion cell production facility.
- EnerSys (ENS) will invest $615 million to produce five gigawatt-hours of lithium-ion cells annually for various applications, solidifying its position in the EV market.
Read more at Yahoo Finance: One of the Best Small Cap EV Stocks to Buy