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).

Should you invest in EV stocks?

Stellantis, the company behind Jeep, Chrysler, and Dodge, set a goal for battery EVs to account for 100% of sales in Europe and 50% in the U.S. by 2030. Investing directly in EV stocks is one way to profit from this mass transition. Another way is to invest in the companies supplying the batteries, the most important and costly components of EVs.