From Yahoo Finance: 2025-04-01 12:43:00

The US saw a milestone in EV sales, with all-electric and hybrid vehicles reaching 20% of new car sales in 2024. However, gas and diesel-powered vehicles still dominate. China remains the largest EV market, with nearly 11 million new energy vehicles sold in 2024, supported by subsidies.

In 2025, China’s EV market may slow down to 20% growth due to industry consolidation and reduced margins. HSBC analysts predict a tough year for struggling companies. To find the best EV stocks under $50, a list was compiled based on hedge fund sentiment and institutional investor preferences.

BorgWarner Inc. (NYSE:BWA) is a key player in the EV market, focusing on automotive and e-mobility systems. The company secured contracts in Asia for its HVCH technology, expanding its presence in the EV sector. While BWA ranks among the top EV stocks under $50, some AI stocks show greater potential for higher returns in a shorter timeframe.

Read more: Is BorgWarner Inc. (BWA) The Best EV Stock to Buy Under $50?