3 Under-The-Radar EV Stocks For A Summer Of Disruption | OilPrice.com

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Everything around us is being electrified, but where Tesla may be the standard in electric cars, there are a couple of competitors that are rapidly gaining market share

Allegro MicroSystems

Allegro produces magnetic sensing and power management chips, which can be used for EVs or for advanced safety features in ICE vehicles. Ford's focus on electrifying its popular models underscores its strategic approach to make electric vehicles mainstream. The electric version of the F-150, America's best-selling vehicle, has the potential to bring a significant portion of the pickup truck market into the EV fold. From an investment standpoint, Ford's commitment to EVs and its strategy to leverage its popular brands provide a solid foundation for future growth.

Archer's innovative work represents a significant leap in the electric vehicle industry, pushing the boundaries from road to air. The company's goal to launch an urban air mobility network could revolutionize the way we think about short-haul travel, potentially transforming the transportation landscape of our cities.is a leading provider of EV charging equipment and networked EV charging services.

EVgo's charging network is an essential part of the EV ecosystem, offering high-speed charging solutions that are critical for EV drivers, particularly those without access to home charging. From an investment perspective, EVgo's extensive fast-charging network and commitment to renewable energy align with major trends in the EV industry and broader societal shifts towards sustainability.

 

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