Looking to invest in EVs, already have a small position in Lucid and exposure to Tesla through a large position in the Nasdaq 100.
On one hand Chargepoint have the largest EV charger network in the world but are facing extreme competition, especially from Teslas Supercharger network, with increasing adoption of Tesla's charging standard.
Evonix is a stock I recently stumbled across, and has had a very good run so far in 2023, up 56% YTD. They specialise in advanced lithium ion batteries which I believe would be very much in demand by EV companies, so could have major upside potential as the EV market continues to grow, but I do not know much more than this about the stock/company.
Any thoughts or discussion would be appreciated, thank you.
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