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<p>The electric car market is expected to grow at a compound annual rate (CAGR) of 25.6% from 2019 to 2026.</p>
<h2>7. Solid Power</h2>
<p>Car companies were hit hard by the coronavirus pandemic in the first half of 2020. Most car factories around the world were shut down for several weeks, and many dealers ran short of popular models. By the end of June 2020, most factories had reopened with new rules and equipment to protect workers from the virus, but 2020 sales remained sluggish for most traditional automakers.</p>
<p><strong>6. Regulatory Support</strong></p>
<p>Batteries are a crucial component of EVs. As sales accelerate, they will drive higher battery sales, benefiting the companies focused on making them. Forward-thinking investors might want to consider adding battery makers to their portfolio to potentially profit from this megatrend. Bear in mind, though, that these investments in an emerging technology will likely exhibit above-average volatility.</p>
Check out additional info
<a href=https://financial-equity.com/investment/invest-in-stocks/how-to-invest-in-elecrtic-car-stocks/>elecrtic car stocks</a>
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<p><strong>Note:</strong> The smallcase is mentioned only for educational purposes and are not meant to be recommendatory. Investors must conduct their own research and consult a financial expert before making any investment decisions.</p>
<h3>Who is the leading EV battery supplier?</h3>
<li><strong>Solid financials:</strong> Strong financial health characterised by steady revenue growth, profitability, and the ability to invest in research, development, and expansion efforts.</li>
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