From Yahoo Finance: 2025-05-11 16:27:00

In a recent article, we explore the top 10 high-growth EV stocks to invest in, including Cenntro Inc. (NASDAQ:CENN). Electric vehicle (EV) stocks involve companies manufacturing EVs or providing parts like batteries or autonomous driving systems.

S&P Global Mobility reports that 7.36 million of 16 million cars sold in 2024 were imported, affected by tariffs. Relief plans allow U.S. automakers to deduct import tariffs on parts. EV sales in Q1 2025 rose by 11.4%, with new model launches boosting growth.

Rho Motion projects global EV and plug-in hybrid sales to increase by over 17% in 2025. China leads the market with a 40% jump in EV sales. Uncertainties like tariffs and policy affect future growth prospects in the EV market.

Cenntro Inc. (NASDAQ:CENN) designs, manufactures, and distributes commercial vehicles running on hydrogen or electricity. The company saw significant growth in 2024, with net sales rising by 200.2% year-over-year. Sales volume in the U.S. increased, showing strong market penetration.

Cenntro Inc. (NASDAQ:CENN) ranks 4th in the high-growth EV stocks to invest in list. While CENN shows potential, AI stocks may offer higher returns in a shorter time frame. Consider exploring AI stocks for promising investments.

Read more: Is Cenntro Inc. (CENN) Among the High Growth EV Stocks to Invest In?