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India's Top EV Stocks: Generating Returns For Investors?

India's Top EV Stocks: Generating Returns For Investors?

NDTV
Thursday, December 09, 2021 05:52:27 AM UTC

We look at the top EV stocks from each space and the returns they are generating for investors.

At present, the electric vehicle (EV) space is dominated by Elon Musk's electric vehicle and battery maker Tesla.

In January 2020, the company was valued at $117 billion and by the end of the year, who would have thought that figure would skyrocket to over $650 billion. That too in a short span of time.

This meteoric rise has nudged investors to search for companies that may benefit from the EV disruption.

Also, with Indian government firing cylinders for electrifying the automobile sector, investors can't keep their hands away from companies even remotely related to this space, even if it is a loss-making company.

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