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20 handpicked stocks

Automakers Race To Affordable EVs

Ford's $2 billion investment to produce a $30,000 electric pickup truck signals a major push into the affordable EV market. This move creates opportunities for companies across the EV supply chain, from battery innovators to component suppliers, who are enabling this next wave of cost-competitive electric vehicles.

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Author avatar

Han Tan | Market Analyst

Updated today | Published at August 12

Top Picks from This Group

Here are a few of the assets in this group. Create an account to unlock the full list.

F

Ford Motor Co.

F

Current price

$11.43

TSLA

Tesla, Inc.

TSLA

Current price

$340.45

XPEV

XPeng Inc.

XPEV

Current price

$19.98

About This Group of Stocks

1

Our Expert Thinking

Ford's $2 billion investment to produce a $30,000 electric pickup truck represents a pivotal moment in the EV industry. This strategic shift towards affordable electric vehicles could unlock mainstream adoption and create significant opportunities across the entire EV value chain, from automakers to battery innovators and charging infrastructure providers.

2

What You Need to Know

This group captures the race to make electric vehicles cost-competitive with traditional cars. It includes established automakers retooling their operations, innovative battery technology companies, raw material suppliers, and charging infrastructure builders. The focus is on companies positioned to benefit from the next phase of EV adoption driven by affordability.

3

Why These Stocks

These stocks were handpicked by professional analysts to represent the complete ecosystem enabling affordable EVs. From Ford's direct investment to battery innovators developing lower-cost technologies, each company plays a strategic role in making electric vehicles accessible to mainstream consumers and challenging international competitors.

12 Month Growth Potential

Use the growth calculator to see how much investing in these assets could return over one year.

If you invested across these assets:

in 12 months it could be worth:

$1,000.00

+88.09%

Group Performance Snapshot

88.09%

Average 12 Month Profit

On average, analysts expect assets in this group to grow 88.09% over the next year.

12 of 18

Stocks Rated Buy by Analysts

12 of 18 assets in this group are rated Buy by professional analysts.

97.4% vs 4%

Group Growth vs Bank interest

This group averaged a 97.4% return last month, beating the typical 4% bank rate.

Source: Analyst sentiment is provided by Refinitiv Ltd, a global leader in financial market data with over 40k business clients. Refinitiv Ltd is an independent third party to Nemo. This is not advice.

Why You'll Want to Watch These Stocks

Game-Changing Moment

Ford's $2 billion commitment to affordable EVs could trigger a massive industry shift. When a legacy automaker makes this bold a move, it often signals the start of something big.

🎯

Mainstream Market Unlock

A $30,000 electric pickup truck could finally make EVs accessible to everyday consumers. This price point breakthrough might unleash demand that's been waiting on the sidelines.

🔗

Entire Supply Chain Benefits

From battery innovators to charging networks, the race to affordable EVs creates opportunities across the entire ecosystem. These companies are positioned to ride the wave of increased demand.

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