The electric vehicles industry was a very speculative one during the previous decade. Yet, having an electric vehicle these days has started to become mainstream. In fact, the EV market is estimated to achieve revenues of $384 billion this year. In comparison, global EV revenues were just $111.87 billion in 2018. In this article, we are looking at five EV names that appear well-positioned to continue thriving going into 2023. With automobile companies investing billions to participate in the race for EV dominance and consumers eager to get their hands on the most efficient vehicles, the industry has entered a more mature but still exciting phase.
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