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What are electric car stocks?

Electric car stocks comprise companies primarily focused on manufacturing electric cars. Companies that manufacture the components used in electric cars -- such as batteries or autonomous vehicle systems -- can also be considered part of the electric car industry. Image source: Getty Images.

Is Li a good electric car stock to buy?

Many of their products are hybrid models that can run on either electric or gasoline. Since Li is one of the newer electric car stocks on the Chinese market, it still has plenty of room to grow. Since going public, their share price has gone up over 80 percent.

Which EV companies dominate the electric car market?

Because major interest in electric cars is so recent, the only established industry leader is Tesla. Start-up EV makers can compete fairly well with traditional automakers for electric car market share, making it difficult to discern which companies will ultimately dominate the market.

What are electric cars?

Electric cars -- commonly called electric vehicles or EVs -- are automobiles with engines powered by electricity rather than gas. Electric car stocks comprise companies primarily focused on manufacturing electric cars.

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