Electric Car Stocks List
Symbol | Grade | Name | % Change | |
---|---|---|---|---|
CBAT | F | CBAK Energy Technology, Inc. | 6.40 | |
IESC | B | Integrated Electrical Services, Inc. | 3.77 |
Related Industries: Electronic Components Engineering & Construction
Symbol | Grade | Name | Weight | |
---|---|---|---|---|
JSML | B | Janus Small Cap Growth Alpha ETF | 1.92 | |
TXSS | B | Texas Small Cap Equity Index ETF | 1.4 | |
VAMO | B | Cambria Value and Momentum ETF | 1.06 | |
EHLS | A | Even Herd Long Short ETF | 0.82 | |
QSML | B | WisdomTree U.S. SmallCap Quality Growth Fund | 0.82 |
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- Electric Car
An electric car is a car which is propelled by one or more electric motors, using energy stored in rechargeable batteries. The first practical electric cars were produced in the 1880s. Compared to internal combustion engine (ICE) cars, electric cars are quieter, have no exhaust emissions, and lower emissions overall. In the United States, as of 2020, the total cost of ownership of recent EVs is cheaper than that of equivalent ICE cars, due to lower fueling and maintenance costs. Charging an electric car can be done at a variety of charging stations; these charging stations can be installed in both houses and public areas.Several countries have established government incentives for plug-in electric vehicles, tax credits, subsidies, and other non-monetary incentives. Several countries have established a phase-out of fossil fuel vehicles, and California, which is one of the largest vehicle markets, has an executive order to ban sales of new gasoline powered vehicles by 2035.The Tesla Model 3, which has a maximum range of 570 km (353 miles) according to the EPA, was the world's best selling electric vehicle (EV) on an annual basis starting in 2018, and became the world's all-time best selling electric car in early 2020.As of December 2019, the global stock of pure electric passenger cars totaled 4.8 million units, representing two-thirds of all plug-in passenger cars in use. In 2019, over half (54%) of the world’s all-electric car fleet was in China. Despite rapid growth, the global stock of pure electric and Plug-in hybrid (PHEV) cars represented about 1 out of every 200 vehicles (0.48%) on the world's roads by the end of 2019, of which pure electrics comprised 0.32%.
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