The electric vehicle revolution is here, and it's not slowing down. Governments around the world are investing heavily in EVs, and spending on passenger EVs is surging. In fact, a new report from BloombergNEF found that annual spending on passenger EVs hit $388 billion in 2022, up 53% from the year before.
This trend is only going to continue. A new study by Ernst & Young predicts that electric vehicles could outpace combustion engines in the next 12 years in the U.S., Europe, and China. By 2045, non-EV sales are expected to plummet to less than 1% of the global car market.
This is a huge opportunity for investors. The companies that are leading the way in the EV revolution are poised to make big gains in the years to come. That's why we've put together a free report, "Top 5 EV Tech Stocks to Buy for 2023."
In this report, we'll take a look at five of the most promising EV tech stocks on the market. We'll provide you with all the information you need to make an informed investment decision about company financials, the competitive landscape, and growth prospects.
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