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7 Doomed EV Stocks Destined for Disaster - InvestorPlace

The electric vehicle industry is booming, creating trillions of dollars of value. However, among some of the top electric vehicle stocks to consider, there are a few bad apples, or what we’ll refer to as doomed EV stocks. Further, the lending landscape has changed over the past year and a half. The excessively low lending rate environment that prevailed for the last decade allowed too many firms to access funding at extraordinarily low rates. That changed beginning in March of 2022 and rising rates have put extra pressure on all firms, EV upstarts included.

investorplace.com     Jul 12, 2023