Between the shares of EV Penny from $ 10 to less than $ 1

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We recently published a list of EV Penny: from $ 10 to less than $ 1. In this article, we will look at the place where Plug Power Inc. (NASDAQ: Pluce) for other stocks in the EV Penny menu: from $ 10 to less than one dollar.

The global electric vehicle market (EV) although the increasing introductory disorders caused by US President Donald Trump. This was evident with EV sales increased by 29 % in the first quarter, to 4.1 million on the sale of 1.7 million units in March.

China, which is still leading the world in the adoption of EV, has reported an increase of 36 % on an annual basis in EV sales in the first quarter, with sales in March alone tops one million units, the last record number in August 2024. Given the minimum EV sales across borders, China is unlikely that China will consider significant impacts of the height of the US -Chinese tariff. While EV sales in North America increased by 16 % in the first quarter, which increased 7.3 % in 2024, the long -term market expectations are still unclear. This is partially to impose Trump on the large definitions on car parts and other equipment that automobile companies need to increase the development of EVS.

A 25 % tax imposed in February on imported cars from Canada and Mexico, and a larger tax in March is expected to lead to all car imports to a significant increase in EV prices. The effect on the ability to afford costs and market dynamics may be great, given that about 40 % of EV sales in the United States are imported from countries such as Mexico, Korea and Japan.

Nearly two -thirds of the electric cars sold in the United States last year were manufactured locally, but, like all contemporary cars, the necessary parts and components are purchased from different countries around the world. The continuous and intense trade conflict with China, the global pioneering supplier of materials for EV batteries, will increase the complexity of the market.

In addition, there is great speculation that the new administration may retract the incentives for sales of electric car that were created during the Biden administration, which led to a shadow in expectations of EV sales in the second quarter and beyond.

Thus, the rest of 2025 is expected to be a turbulent period of electric car sales in the United States, even with the launch of new products and attractive incentives. If the new car tariff remains in place, it will create a big obstacle in front of many car manufacturers, mainly due to the definitions applied to the steel, decisively for EVS and aluminum.

In the midst of the opposite winds, analysts expect that the year 2025 will be strong for EV sales in the United States, where based on the positive momentum in 2024. Likewise, the shares of companies exposed to the scene of electric vehicles should be the largest beneficiary, especially Penny shares that are traded in very reduced assessments.



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