10 High Growth EV Stocks to Invest In

8. Stellantis N.V. (NYSE:STLA)

Average 5-Year Revenue Growth: 21.61%

Stellantis N.V. (NYSE:STLA), the fourth-largest automotive original equipment manufacturer based on vehicle sales, was founded in January 2021 by the merger of French-based Peugeot and US-based Fiat Chrysler Automobiles. In 2024, North America accounted for 47% of its 5.5 million vehicle sales, followed by South America (26%) and Europe (17%). The company’s brands include Fiat, Jeep, Chrysler, Ram, Peugeot, Citroën, Opel, Alfa Romeo, and Maserati. It is one of the best high growth stocks with an average 5-year revenue growth of 21.61%.

Stellantis N.V. (NYSE:STLA) offers a wide range of electric vehicles, such as hydrogen fuel cell cars and battery EVs. The company’s “Dare Forward 2030” strategy calls for the introduction of more than 75 battery EV vehicles by 2030.

In 2024, Stellantis N.V. (NYSE:STLA) showed outstanding inventory control by reducing US dealer stock from 430,000 units at the halfway point of the year to 304,000 units at the end, surpassing its goal of 330,000 units. The company also broadened its global presence with exciting new car introductions such as the Citroen C3, Dodge Charger, Jeep Wagoneer S, Citroen C3 Aircross, Opel Frontera, and Fiat Grande Panda. It proposed a EUR 300 million contract with Comau and a dividend of EUR 0.68 per share, totaling EUR 1.7 billion, showing its commitment to shareholder returns in the face of challenges. The company’s partnership with Leapmotors in China was successful; in Q4 2024, Leapmotors doubled its sales to 300,000 units and turned a profit.