In this article, we will discuss: 8 High Growth EV Stocks to Buy Now.
According to data from Benchmark Mineral Intelligence (BMI), the growth of global electric vehicle sales dropped significantly in November, reaching the lowest rate since February 2024 as momentum in China faded and policy changes affected demand in the United States, Reuters reported on December 12, 2025. According to Reuters, global EV registrations climbed by 6% year over year to slightly under 2 million units in November 2025. Registrations jumped by just 3% to over 1.3 million units in China, the world’s largest EV market. It accounts for more than half of worldwide volumes. This is the lowest yearly growth rate since February 2024, as decreased government subsidies approaching year-end negatively impacted consumer sentiment.
There were significant regional differences in performance. According to BMI data, EV registrations in Europe shot up by 36% to over 400,000 units in November due to national incentive schemes. Volumes have surged by around one-third so far this year compared to the same period in 2024. Despite unequal policy backing, registrations in the rest of the world rose 35% to almost 160,000 units. It showed wider popularity outside the major markets.
North America continued to be the weakest region, with registrations dropping 42% year over year to slightly over 100,000 vehicles in November. Sales were down 1% year to date in October due to the expiration of U.S. EV tax incentives. According to Charles Lester, data manager at BMI, the U.S. EV sales projection for next year is expected to fall, and the market was greatly impacted by the tax credit. According to Reuters, the global EV transition could be further slowed by unclear policy in the United States as well as potential regulatory changes in Europe.
With that said, here are the 8 High Growth EV Stocks to Buy Now.
Photo by Michael Fousert on Unsplash
Our Methodology
For this article, we sifted through the ETFs and online rankings to form an initial list of the 20 EV stocks. From the resultant dataset, we chose 8 stocks with an average 5-year revenue growth of over 10%. We also mentioned the number of hedge funds holding stakes in each stock, as per Insider Monkey’s database of Q3 2025. The stocks are ranked according to their 5-year revenue growth.
Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 427.7% since May 2014, beating its benchmark by 264 percentage points (see more details here).
8. Toyota Motor Corporation (NYSE:TM)
Average 5-Year Revenue Growth: 11.03%
Number of Hedge Fund Holders: 21
Toyota Motor Corporation (NYSE:TM) is among the High Growth Stocks.
According to a Reuters story on December 10, 2025, Elliott Investment Management has raised its ownership of Toyota Industries to 5.01%. According to Reuters’ Daniel Leussink, Elliott paid approximately 268 billion yen for the share, based on a Japanese regulatory filing. The move puts more pressure on Toyota Motor Corporation (NYSE:TM), which is planning to buy out a forklift producer, as reported by Reuters. The shares were purchased for investment purposes, as stated in the filing.
On December 11, 2025, Bloomberg reported that despite a significant industry transition toward electrified vehicles, Toyota Motor Corporation (NYSE:TM) had outperformed many of its international competitors in China. According to Bloomberg, Toyota Motor Corporation (NYSE:TM)’s exports in China last year fell 14% from their 2022 peak, whereas Ford Motor Co. and Volkswagen AG saw drops of almost 80% and roughly one-third from record levels, respectively.
According to Bloomberg, Toyota Motor Corporation (NYSE:TM)’s long-standing hybrid strategy helped the company’s sales with models like the Corolla, Levin, Camry, and Highlander. Automotive analyst Julie Boote of Pelham Smithers Associates noted that Toyota Motor Corporation (NYSE:TM) began offering steep discounts in 2023, which raised sales but decreased profitability. She anticipated that profits from China operations would plummet from 525 billion yen in fiscal 2021 to around 290 billion yen three years later. Furthermore, according to Bloomberg, Toyota Motor Corporation (NYSE:TM) intends to establish an entirely owned Lexus production plant close to Shanghai in 2027, with an initial capacity of roughly 100,000 units.
Toyota Motor Corporation (NYSE:TM) is one of the world’s largest automakers, selling 11.0 million vehicles at retail in fiscal 2025, including 10.3 million under the Toyota and Lexus brands.
7. ChargePoint Holdings, Inc. (NYSE:CHPT)
Average 5-Year Revenue Growth: 31.11%
Number of Hedge Fund Holders: 11
ChargePoint Holdings, Inc. (NYSE:CHPT) is among the High Growth Stocks.
TheFly reported that on December 10, 2025, B. Riley reduced its price target for ChargePoint Holdings, Inc. (NYSE:CHPT) from $12.50 to $11 and retained a Neutral rating. The company’s results announcement prompted an update to the model. B. Riley stated that higher residential billings were the primary driver of the earnings beat. ChargePoint Holdings, Inc. (NYSE:CHPT) improved its balance sheet by debt exchange, according to the company.
According to TheFly, Goldman Sachs boosted its price target for ChargePoint Holdings, Inc. (NYSE:CHPT) from $9 to $10 on December 8, 2025, and maintained a Sell rating.
Overall, ChargePoint Holdings, Inc. (NYSE:CHPT)’s Q3 report was incrementally better, according to Goldman Sachs analyst Mark Delaney. The analyst noted that the balance sheet had been improved by the company’s recent deal with debt holders.
ChargePoint Holdings, Inc. (NYSE:CHPT) reported a strong third quarter on December 4, 2025, reducing its loss and attaining 6% sales growth to a higher-than-expected $106.7 million. This came after many unstable quarters with declining revenue. Subscription revenue climbed by 15%, and networked charging systems sales increased by 7% during the quarter, driving revenue growth.
ChargePoint Holdings, Inc. (NYSE:CHPT) creates, develops, and sells cloud-based services and a networked EV charging framework.
