Battery stocks are the companies that produce batteries that power electric vehicles and other key products. As demand for EVs has spiked, the need for batteries has risen accordingly. For this reason, many automakers have ventured into the battery-building space. Both Tesla and BYD have invested heavily in expanding their in-house battery production. But other companies deal solely in battery development and production. Some of the industry’s most popular names include QuantumScape and Microvast Holdings.
The best battery stocks to buy for the next decade are those with potential for multi-fold growth in demand for EV batteries.
These are the seven best battery stocks to buy on weakness for long-term investors. Their valuations are very attractive.
If you are looking for battery stocks to buy and hold, this list will provide you with a great many options for success.