How Smart Money Is Playing The $700 Billion EV Boom

01 Aug 2023 | Abstracted from Business Insider

"In Europe, the second largest market, EV sales rose by over 15% in 2022, while sales in the United States – the third largest market – increased 55% in 2022

" this has been rewarding for investors, especially considering that the top 14 EV stocks with only a fraction of the market capitalization of their traditional auto giant peers ended up outperforming them on the stock market."

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