What are the top EV battery stocks?

Some of the leading EV battery stocks include QuantumScape Corporation ( NYSE: QS) and Panasonic Holdings Corporation ( OTCMKTS: PCRFY) to name a few. With that, here are three top EV battery stocks to check out in the stock market now.

Should you buy electric vehicle battery stocks?

Electric vehicle (EV) battery stocks have been a hot topic in the stock market over the past couple of years. Naturally, as EV trends continue to pick up momentum, the companies that provide one of the core components would also follow suit.

Why are EV battery stocks booming?

In the coming years, the demand of batteries is set to rise exponentially because of their applications in the EV industry, charging devices, computing, Cloud computing, AI and Internet of Things. Perhaps the biggest growth catalyst for battery stocks is the booming EV industry. The battery used in an EV is equivalent to 4,500 smartphones.

Are battery stocks a good investment?

Battery stocks are gaining investors’ attention worldwide as the world’s hunger for energy storage devices and a better battery technology becomes insatiable by the day.