High Energy Prices Good for Lucid Group Inc The price of gasoline and diesel continuing to hover near record highs could provide a much-needed catalyst for battered electric vehicle (EV) stocks. When reviewing the prospects of EV stocks, the key is analyzing long-term fundamentals and ignoring short-term factors. The reality is that the. That’s why the legacy automakers have been…
The cost of raw materials for electric vehicles (EVs) has risen, given the sanctions placed on Russian metals and the continued supply chain disruptions worldwide. The cost and supply issues have had a negative impact on EV companies, as far as production and margins go. EV stocks have declined, but I view the lower prices as an opportunity, considering that…
The next few years (and decades) are expected to provide strong tailwinds for companies involved in the electric vehicle (EV) industry. The key will be how fast the U.S. can build up the massive EV infrastructure required to make a seamless transition. EV drivers will need access to charging stations across the country, just like combustion-vehicle drivers currently have access…