Singapore is set to have 60,000 Electric Vehicles (EVs) charging points by the end of 2030…
And the Land Transport Authority (LTA) has already deployed 60 electric buses.
By 2040, Singapore aims to completely phase out Internal Combustion Engine (ICE) vehicles.
Looking abroad, the International Energy Agency reported that sales of electric cars hit 6.6 million in 2021.
That’s
TRIPLE the market share from two years prior.
Source: Giphy
Clearly,
the adoption of EVs is rapidly increasing and the future looks very
electric.
So, if you’re looking to invest in EV companies, here are some of the best EV stocks to consider buying now.
TL;DR: Best EV Stocks to Consider in 2022
| EV Manufacturer |
Market Captilisation (USD) |
P/S Ratio (TTM) |
Vehicle Deliveries in 2021 |
EPS (TTM) |
| Tesla (TSLA) |
1.048 Trillion |
16.68 |
936,172 |
4.90 |
| Lucid (LCID) |
43.398 Billion |
625.94 |
125 |
-6.41 |
| NIO (NIO) |
40.063 Billion |
6.47 |
91,429 |
-1.01 |
| BYD (BYDDY) |
102.207 Billion |
2.71 |
593,745 |
0.36 |
Information taken from Yahoo Finance on 25th March 2022
Disclaimer: The information provided by Seedly serves as an educational piece and is not intended to be personalised investment advice. ...
