What are EV stocks?

Electric vehicle stocks, or EV stocks, include electric vehicle manufacturers, electric battery producers, and companies that make charging stations and electric motors. In a broader sense, EV stocks may also include mining companies and semiconductor companies that produce key EV components.

Which EV charging stocks are going public?

Next up, we have another EV charging stock, ChargePoint Holdings. It is an EV infrastructure company that operates one of the largest networks of EV charging stations in the U.S. The company is the first EV charging stock to have gone public via the SPAC route. This came after the completion of its merger with Switchback Energy Acquisition.

How do investors use EV?

Investors can also use EV to estimate a company's size and worth to help them evaluate their stock choices. EV is best used with other metrics for valuating a stock. Some popular ratios are EV/Sales and EV/EBITDA.

Is Xpeng a good EV stock to buy?

The company is also currently unprofitable. Still, if you are bullish on EV stocks and accept that China is the center of the action, then XPeng is a good way to get exposure to this fast-growing market. Any discussion of EV stocks has to include the company that put the industry on the map: Tesla ( TSLA, $291.26).