3 EV Stocks That Could Soar in 2025 [Yahoo! Finance]
QuantumScape Corporation Class A (QS)
Company Research
Source: Yahoo! Finance
While the S&P 500 is up since the end of 2023, the S&P Kensho Electric Vehicles Index is down for the same timeframe. Tesla is one of the few exceptions to this trend, but even then much of this strength can be chalked up to a bounce-back from weakness in 2022 and 2023. Blame the transitional dynamic, mostly. The industry has been forced to adjust to the fact that many people still doubt the practicality of EVs. Simultaneously, new competition has required all manufacturers to become more price-competitive than they've ever needed to be. They've also been forced to become more operationally efficient. Yet, the electric vehicle movement is hardly dead. Technology market research and consultancy outfit Gartner believes there will be over 85 million EVs traveling the world's roads by the end of next year, up 35% from the 64 million being driven now. Most of this growth will (once again) stem from demand for ordinary BEVs, or battery-operated vehicles, as opposed to hybrids. This co
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News
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QS
Earnings
- 10/23/24 - Miss
QS
Sec Filings
- 12/17/24 - Form 4
- 12/17/24 - Form 144
- 12/13/24 - Form 144
- QS's page on the SEC website