The remarkable growth in EV stocks seen during 2021 provided investors with an exciting view of the future. Indeed, the Biden administration deserves credit for helping to promote electrification and creating a strong foundation of trust in the space that helped it gain momentum. However, not all electric vehicle companies represent must-buy EV stocks. There was arguably a bubble in this space, with rampant inflation rates and supply chain hiccups the key to unraveling sky-high valuations in this sector.
That said, the future of the electrification trend is as bright as ever. There is plenty . . .