US Stocks Categories

Best EV Stocks in US Market

Get access to the top EV stocks in the US market as the global shift toward electric mobility accelerates. With EV sales projected to surpass 20 million units in 2025, according to The International Energy Agency (IEA), the sector offers strong long-term potential. For those looking to invest in US stocks from India, this guide highlights the best EV stocks, and provides a clear framework to evaluate opportunities in this high-growth space.

What are EV Stocks?

EV stocks are shares of companies involved in the electric vehicle ecosystem. This includes automakers, battery manufacturers, charging infrastructure providers, and firms supplying essential components like software and semiconductors.

List of Best EV Stocks in the US

Types of EV Stocks

The EV sector can be broken down into several key categories:

  • EV Manufacturers (Pure-Play and Traditional): This includes companies solely focused on producing electric vehicles, like Tesla (TSLA), Rivian Automotive, Xpeng, and Li Auto, as well as legacy automakers like General Motors and Ford, who are increasingly shifting their focus to EV production.
  • EV Battery Stocks: Key players in this space include battery manufacturers like QuantumScape and Solid Power, and raw material supplier like Albemarle, which provides essential lithium for battery production.
  • Charging Infrastructure Companies: A critical component of the EV ecosystem, these companies build and operate the network of charging stations necessary to support the growing number of EVs. Key players in this space include charging network providers like ChargePoint and EVgo, and infrastructure enablers like Blink Charging and Wallbox.
  • Component and Technology Providers: This category includes companies that develop and supply the software, semiconductors, and other advanced components essential for modern EVs. Key players include NVIDIA and ON Semiconductor, and software and systems providers like Qualcomm and Texas Instruments.

Why Invest In US-listed EV Stocks? 

The intense interest in the EV sector is underpinned by several powerful catalysts:

  • Global Transition to Green Energy: Governments worldwide are implementing policies and offering incentives to encourage the adoption of electric vehicles and reduce carbon emissions.
  • Rapid Technological Advancements: Innovations in battery technology are leading to longer ranges, faster charging times, and lower costs, making EVs more practical and appealing to a wider range of consumers.
  • Expanding Market and Model Availability: The number of available EV models is growing rapidly, with new entries from both established automakers and new EV-focused companies. This increased competition and variety is helping to drive sales.
  • Strong Market Growth Projections: The global EV market is predicted to grow from approximately $393 billion in 2025 to over $3 trillion by 2034, reflecting a compound annual growth rate (CAGR) of roughly 25.55% (Custom Market Insights).

Top EV Stocks to Watch in US Market

When considering an investment in the EV sector, it is helpful to look at the different types of companies that make up this dynamic industry:

  • Tesla (TSLA): Despite increased competition, Tesla remains the largest EV maker by market capitalization globally and a leader in battery electric vehicle (BEV) sales.
  • BYD Company (BYDDF): This Chinese manufacturer has surpassed Tesla in total global EV sales (including plug-in hybrids) and is rapidly expanding into new markets (TrendForce).
  • Rivian (RIVN): Known for its electric trucks and SUVs, Rivian has a strategic partnership with Volkswagen and is focused on innovation in the EV space.
  • Li Auto (LI): A prominent Chinese EV maker, Li Auto is another key player to watch in the rapidly growing global EV market.

EV Battery Stocks In the US

The performance of EV manufacturers is intrinsically linked to the companies that produce their batteries. This sub-sector offers a different way to invest in the EV trend.

  • QuantumScape (QS): This company is focused on developing next-generation solid-state batteries, which promise significant improvements in performance and safety over current lithium-ion technology.
  • Albemarle (ALB): As one of the world's largest lithium producers, Albemarle is a critical supplier to the EV battery industry.
  • Microvast Holdings (MVST): Microvast designs, develops, and manufactures lithium-ion batteries for electric vehicles, with a focus on commercial vehicles
  • Amprius Technologies (AMPX): Amprius Technologies produces high-energy and high-power density silicon anode lithium-ion batteries.

EV Penny Stocks

EV penny stocks, typically trading under $5, are shares of smaller or early-stage electric vehicle companies. These stocks can offer high upside potential, but they also come with significant risks and should be approached with caution.

Many EV penny stocks operate with limited revenue, ongoing cash burn, and uncertain paths to profitability. They may also face production delays, technology setbacks, or regulatory challenges. Because of their low market caps and high volatility, even small market events can lead to large price swings.

EV Penny Stocks List

Some US-listed EV stocks currently trading under $5 include:

  • QuantumScape (QS): Developing solid-state battery technology but still away from commercial deployment.
  • Workhorse Group (WKHS): Focused on electric delivery vans, but has faced execution and compliance issues.
  • Solid Power (SLDP): Another player in the solid-state battery space, developing scalable battery solutions for electric vehicles.
  • NIO Inc. (NIO) – A well-known Chinese EV automaker listed on the NYSE, offering premium electric SUVs and sedans. Although widely followed, its stock has now dipped below $5, placing it in the penny stock category by price.
  • Kandi Technologies (KNDI) – Produces affordable electric vehicles and battery-swapping systems, primarily for the Chinese market.
  • Blink Charging Co. (BLNK) – Operates and sells EV charging stations in the US and abroad; stock has declined below $5 due to profitability concerns.

Investor caution is essential in case of penny stocks as these stocks are highly speculative and best suited for those with a high risk tolerance. Always conduct thorough research. Review financials, management credibility, business model viability, and production timelines before considering any investment in this segment. Diversifying across more stable EV or battery stocks may help balance risk.

How to Invest in US EV Stocks from India?

You can invest in US EV stocks from India by opening a US stock account on the INDmoney app and completing a quick digital KYC. Fund your account under the RBI’s Liberalised Remittance Scheme (LRS). Once funded, you can search and invest in leading EV stocks like Tesla, Rivian, Albemarle, and ChargePoint, or explore EV-focused ETFs, all with the option to start small with just ₹100 using fractional shares.

Key Considerations Before Investing in EV Stocks

While the growth potential of the EV sector is compelling, investors should be mindful of the risks:

  • High Volatility: The EV market is known for its volatility, with stock prices often experiencing significant swings.
  • Intense Competition: The number of companies entering the EV space is increasing, leading to greater competition and pressure on profit margins.
  • Technological Disruption: The EV industry is characterized by rapid innovation. Companies that fail to keep pace with technological advancements risk being left behind.
  • Economic Sensitivity: Sales of new vehicles, including EVs, can be sensitive to the overall health of the economy.

Frequently Asked Questions (FAQs) about EV Stocks: in US:

Which EV stock is best?

There is no single "best" EV stock, as the ideal choice depends on an investor's goals, risk tolerance, and investment strategy. For some, the "best" might be a market leader like Tesla due to its brand recognition and scale. For others, it could be a key supplier in the battery sector, which offers exposure to the entire industry's growth. A diversified approach, such as investing in an EV-focused ETF, is can also help mitigate the risks of picking a single winner.

Who is the No. 1 EV company?

The title of "No. 1 EV company" can be defined in two main ways. By sales volume, Chinese automaker BYD has recently surpassed Tesla as the world's top seller of electric vehicles (including plug-in hybrids) (Counterpoint Research). However, by market capitalization, Tesla (TSLA) remains the most valuable EV company by a significant margin, reflecting strong investor confidence in its future growth and technology.

Is EV a good buy?

The EV sector is considered a strong long-term investment opportunity, driven by the global move toward clean energy, government incentives, and rapid innovation. However, individual EV stocks can be volatile. Whether an EV stock is a good buy depends on factors like valuation, financial strength, market position, and your investment goals. The overall trend is positive, but smart stock selection is key.

Which EV company is best?

The best EV company depends on factors like brand strength, battery and software innovation, production scale, and financial stability. Tesla and BYD are global leaders, while companies like Rivian and key battery suppliers also show strong potential. The best pick is one that consistently delivers on its strategy and maintains a long-term competitive edge.

Will an EV last 20 years?

Yes, an EV can last up to 20 years, especially with proper maintenance. While electric motors are highly durable, battery life is the key factor. Most EV batteries are built to last 10–20 years under normal conditions, with an average annual degradation rate of just 1.8% (Geotab). Manufacturers typically offer battery warranties of 8 years or 100,000 miles. Though range may decline over time, a well-maintained EV can remain reliable for well over a decade.

Which EV penny stocks to buy?


While EV penny stocks like Nio, Quantumscape, Kandi Technologies, Blink Charging exist, they are highly speculative and come with significant risk due to unproven business models or financial instability. Instead of targeting specific penny stocks, investors may benefit from focusing on established EV companies with strong fundamentals and clear growth prospects. If you choose to invest in EV penny stocks, do thorough research into the company's financials, technology, and market position.

What are the best EV stocks to buy?

The best EV stocks to buy depend on your investment goals and risk appetite. Leading EV makers like Tesla, Rivian, and Li Auto are popular picks, while those interested in the broader EV ecosystem may consider researching EV battery stocks like QuantumScape (QS). A diversified approach, such as investing through an EV-focused ETF, can also help reduce risk while gaining exposure to the sector's growth potential.