What are electric vehicle stocks?

Electric vehicle (EV) stocks are companies that manufacture and design electric-powered vehicles (such as cars, trucks, vans, and school buses), as well as the parts that make them run (like charging stations and batteries).

Who makes electric cars in Canada?

Magna International is building several electric-vehicle parts plants in Canada that will supply automakers worldwide. Lion Electric is an automaker for large industrial electric vehicles. It was founded in 2011 and traded on the TSX and NYSE.

What are the best EV stocks for Canadian investors in 2023?

Here is a look at the 7 best EV stocks for Canadian investors in 2023. Magna International is an automotive parts manufacturer based out of Aurora, Ontario. It was founded in 1967 and is dual-listed on the TSX and the NYSE. As the automotive industry shifts to all-electric, so too has Magna.

What is the largest car company in Canada?

1. Magna International Stock Magna is the largest vehicle company in Canada. It creates both complete vehicles and individual automotive products, and though the latter is its forte, the company has created over 3.7 million complete vehicles since its inception in 1957.