Should you buy EV battery stocks?

Investors don't have to pick a winning automaker -- they can buy shares of battery stocks instead. The range of options in EV battery stocks goes from pre-revenue to one of the world's biggest automakers. The automotive industry is going electric. Every major automaker is actively developing or already selling electric vehicles (EVs).

What are the best EV battery stocks?

Microvast Holdings, Inc. (NASDAQ:MVST), American Lithium Corp. (NASDAQ:AMLI), and Amprius Technologies, Inc. (NYSE:AMPX), are some of the most promising EV battery stocks according to analysts besides Enovix Corporation (NASDAQ:ENVX).

How can EV batteries be made more expensive?

Another way is to invest in the companies supplying the batteries, the most important and costly components of EVs. If electric vehicle production significantly increases over the next decade, the demand for EV batteries will skyrocket similarly. Major battery producers are investing heavily to meet rising EV battery demand.