Electric Cars: The Long-Term Trend That Makes Lithium Stock Albemarle a Buy

Electric vehicles (EVs) are rapidly growing in popularity. The transition away from gasoline-fueled vehicles to electrically powered ones promises to be a massive and long-term trend.

Tesla Model 3.

There are numerous potential ways to profit from this trend, but one of the best is to invest in the world’s largest lithium producerĀ Albemarle Corp. Lithium is essential in making the lithium-ion batteries that are currently the battery type of choice for EVs and look to remain so for some time, though there are entities working on competing battery technologies.

Here’s what you should know:

Prev1 of 7Next

Leave a Reply

Your email address will not be published. Required fields are marked *