Title: Expert Stock Picks of the good Stocks to Buy Now
1Best Stocks Picks For Electric Vehicle Theme You
Need Know
2Introduction
- Electric vehicle segment in India is considered
as the next big thing and much valuable stock
picks for wealth creation can be found in this
segment. - Crude oil is a limited resource. According to
estimates the world is likely to run out of crude
oil completely by the year 2040. Thats why there
is a huge potential for vehicles running on
electricity in not just India but world over. - Though still in a nascent stage, the electric
vehicle segment in India has huge growth
potential and is projected to reach 707.4
million by 2025. Government schemes and subsidies
have helped immensely in the growth of the
market. But many infrastructure challenges remain
like the lack of adequate charging stations and
high initial cost of buying electric vehicles.
3Top Stock Picks in the Electric Vehicles Segment
- Manufacturers of lithium-ion batteries -
Companies engaged in the production of
lithium-ion battery business in India can be
considered as top stock picks for wealth
creation. It is a very niche segment with very
few companies in India currently having the
expertise and capability to produce lithium-ion
battery which is one of the most important
components of an electric vehicle. Batteries in
electric vehicles need to be replaced at regular
intervals and which means assured repeat business
for companies in this field.
4- Manufacturers of anodes used in lithium-ion
batteries - With the demand of lithium-ion
batteries increasing, the demand for anode
materials used in making lithium-ion batteries
will also rise. There are very few companies in
this specialized segment which manufacture anode
materials for lithium-ion batteries making them
top stock picks.
5Contact us
- Address
- 712, Raheja Chambers, Nariman Point, Mumbai,
Nariman Point, Mumbai, 400021, India - Phone
- 022-61013838
- Read more -
- https//www.researchandranking.com/blog/3-best-sto
ck-picks-for-electric-vehicle-sector-in-india/
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