In this article, we will discuss: 10 Most Promising EV Stocks to Buy According to Analysts.
On June 6, CNBC reported that Chinese electric vehicles could enter the US market in the coming years through domestic manufacturing partnerships rather than direct imports. Even though tariffs, regulatory impediments, and political opposition are still there. According to Stephen Dyer, managing director at AlixPartners, U.S. automakers have pulled back their electric-vehicle programs because they have struggled to offer affordable vehicles, saying, “You can’t be competitive if you’re not in the game.” CNBC also cited International Energy Agency figures showing that China manufactured 16 million electric vehicles in 2025, exceeding domestic demand by 20%. Exports jumped to more than 2.5 million units, accounting for more than 35% of total Chinese vehicle exports.
Michael Dunne, Dunne Insights, told CNBC that China has a long-term strategy to dominate the global EV market, while Adam Bernard of AutoPerspectives stated that partnerships between US and Chinese automakers already exist. Dyer noted that Chinese manufacturers would likely accept joint ventures before pursuing wholly owned US operations. As per Tu Le, founder of Sino Auto Insights, pressure will rise as neighboring markets use Chinese EVs, and Dunne sees that “by 2030, we will see some form of Chinese cars on American roads.”
With that said, here are the 10 Most Promising EV Stocks to Buy According to Analysts.
Photo by Michael Fousert on Unsplash
Methodology:
For our methodology, we screened for EV stocks with an analyst upside of over 30%. From this list, we selected the 10 stocks with the most recent news and developments and ranked them in ascending order based on their analyst upside as of June 30.
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10. ON Semiconductor Corporation (NASDAQ:ON)
Analyst Upside: 30.01%
ON Semiconductor Corporation (NASDAQ:ON) is among the Most Promising Stocks.
On June 29, Cantor Fitzgerald raised its price target on ON Semiconductor Corporation to $110 from $100. The firm maintained a “Neutral” rating on the shares. Analyst Matthew Prisco said the AI infrastructure buildout represents a “generational semiconductor cycle” that remains durable. The analyst projected industry revenue could reach roughly $3 trillion by 2029 and potentially exceed $3.5 trillion by 2030.
Earlier, on June 26, Reuters reported that ON Semiconductor Corporation agreed to acquire Synaptics in an all-stock deal valued at about $7 billion. It is the company’s largest acquisition. Under the agreement, Synaptics shareholders will receive 1.350 Onsemi shares for each Synaptics share. It represents a 19% premium based on the 10-day volume-weighted average closing prices.
CEO Hassane El-Khoury told Reuters Synaptics’ connected-computing platform would speed up Onsemi’s push into physical AI, and “That combination is going to create a market leader” in the emerging market. Onsemi expects the acquisition to expand its addressable market by $30 billion to $243 billion by 2030.
ON Semiconductor Corporation works in intelligent power and sensing solutions with a focus on automotive and industrial markets. It operates through Power Solutions Group, Analog and Mixed-Signal Group, and Intelligent Sensing Group.
9. EnerSys (NYSE:ENS)
Analyst Upside: 33.17%
EnerSys (NYSE:ENS) is among the Most Promising Stocks.
On June 9, EnerSys introduced the DataSafe Noir™ lithium energy storage system for data centers. The platform was available immediately. It is designed to deliver predictable performance under dynamic, AI-driven power loads. The company said the integrated system helps operators manage system-level risk and simplify placement. It also improves decision-making in high-density environments.
EnerSys said DataSafe Noir delivers more than twice the output power and over 1.7 times greater energy and capacity than publicly available specifications for leading lithium systems. It allows more compact deployments and better use of data center floor space.
John Gagge, Vice President of Business Development, Energy Systems at EnerSys, said, “The real issue is how the system behaves under stress.” He noted that the platform is designed to give operators “control over that, not just improve performance on paper.” EnerSys said the system is backed by its global installation and service network for hyperscale and colocation deployments.
EnerSys provides stored energy solutions for industrial applications. It operates through Energy Systems, Motive Power, and Specialty segments.
8. Li Auto Inc. (NASDAQ:LI)
Analyst Upside: 35.29%
On June 23, Li Auto Inc. (NASDAQ:LI) launched the all-new Li L8 five-seat flagship SUV. The company priced the Ultra trim at RMB369,800 and the Livis trim at RMB429,800.
Li Auto Inc. reported in its June 1 delivery update that it delivered 33,350 vehicles in May, lifting cumulative deliveries to 1,702,792 as of May 31. The corporation disclosed that monthly deliveries of the Li i6 have exceeded 20,000 units since March. The all-new Li L9 Livis received more than 10,000 orders within two weeks of its launch.
The auto company also said it planned a late June launch for the all-new Li L8 following a technology event, which was on in-cabin interaction, foundation models, assisted driving, system agents, and in-house chips. As of May 31, the company operated 498 retail stores, 543 service centers, and 4,088 supercharging stations across China.
Li Auto Inc. is a leading Chinese NEV company that creates, produces, and markets high-end smart NEVs.
7. MP Materials Corp. (NYSE:MP)
Analyst Upside: 44.32%
MP Materials Corp. (NYSE:MP) is among the Most Promising Stocks.
On June 28, The Wall Street Journal reported that MP Materials Corp. sued USA Rare Earth, alleging the company misappropriated proprietary grain boundary diffusion technology through former engineer Kevin Elkins. However, Kevin denies the allegations. MP seeks at least $5 million in damages. The firm claims USA Rare Earth conducted a “raiding mission” by hiring at least eight key employees.
The WSJ said USA Rare Earth rejected the lawsuit, calling the claims “baseless” and arguing in a Texas court filing that the technology is “readily ascertainable via independent development, reverse engineering, and/or other proper means.”
An MP Materials Corp. spokesperson said, “Competition is good, but blatant theft is unacceptable.” A USA Rare Earth spokesperson said the firm is “making significant strides in furthering America’s strategic interests.”
The Journal reported the legal battle shows intensifying competition as companies race to build a US rare-earth supply chain supported by billions in government and private investment.
MP Materials Corp. produces and markets rare earth specialty materials. It works through the Materials and Magnetics segments.
6. Lucid Group, Inc. (NASDAQ:LCID)
Analyst Upside: 49.77%
On June 22, Reuters reported that Lucid Group, Inc. (NASDAQ:LCID) will cut about 18% of its US workforce, and Chief Operating Officer Marc Winterhoff has left the company. It is the second major executive change in recent months as the EV maker works to improve profitability amid intensifying competition. Reuters said the layoffs will affect full-time employees, contractors, and hourly manufacturing workers. The automobile firm will also eliminate the second shift at its AMP-1 production facility.
According to Reuters, Lucid Group, Inc. employed about 9,000 people globally as of Dec. 31, 2025. The firm expects the restructuring to generate about $158 million in annualized cost savings. It is recording roughly $32 million in severance and employee-related charges. Reuters noted that Lucid cut 12% of its US workforce in February and suspended its 2026 production outlook last month pending a business review. It continues relying on its Gravity SUV, future mid-size platform, and robotaxi partnerships with Uber and Nuro to support growth.
Lucid Group, Inc. is a technology and automobile firm. It develops the next generation of electric vehicle technology.
5. Stellantis N.V. (NYSE:STLA)
Analyst Upside: 56.62%
Stellantis N.V. (NYSE:STLA) is among the Most Promising Stocks.
On June 29, Bloomberg reported that Stellantis N.V. plans to begin selling a China-made Jeep in Europe by 2030. Dongfeng Motor is jointly producing the large SUV at its Wuhan plant. Jeep’s head of Europe, Fabio Catone, said the company expects to offer six Jeep models in Europe by the end of the decade, up from two now.
Bloomberg said the project grows the vehicle firm’s renewed partnership with Dongfeng under Chief Executive Officer Antonio Filos and reverses an earlier retreat from China. The report noted that the partners are also creating a venture allowing Dongfeng to build its own vehicles at a Stellantis factory in France.
Addressing concerns over a Chinese-built Jeep, Catone said, “Jeep is a US brand, certainly, but it’s also a global one,” and that “We’re super satisfied with what we are seeing take shape. It’s a real Jeep on all counts.”
Stellantis N.V. is involved in the design, engineering, manufacture, distribution, and sale of vehicles and components.
4. XPeng Inc. (NYSE:XPEV)
Analyst Upside: 79.20%
On June 10, Reuters reported that XPeng Inc. (NYSE:XPEV) CEO He Xiaopeng will personally lead the company’s robotics business as the Chinese EV maker pushes toward mass production of its IRON humanoid robots by the end of 2026. In an internal letter reviewed by Reuters, Xiaopeng said the robotics industry is becoming “increasingly hot and competitive” and that Xpeng has “clearly seen the direction and timing of victory,” but execution still requires “extremely high decision-making ability.”
Reuters said he assumed the role immediately because the corporation stands “on the eve of mass production and commercialization” of its humanoid robots.
Reuters also reported that the EV firm confirmed the resignation of robotics product planning senior director Shi Xiaoxin earlier this month. During a late-May earnings call cited by Reuters, he said IRON robots will first undergo retail-store trials before commercial deliveries begin in 2027. Robotics hardware and AI models are expected to become significant drivers of future revenue and gross margins.
XPeng Inc. is China’s leading electric car manufacturer, focusing on the midrange to high-end category as well as tech-savvy clientele.
3. Hyliion Holdings Corp. (NYSE:HYLN)
Analyst Upside: 87.89%
Hyliion Holdings Corp. (NYSE:HYLN) is among the Most Promising Stocks.
On May 19, Hyliion Holdings Corp. said the U.S. Navy’s Office of Naval Research, working with DARPA, selected the USX-1 Defiant as a candidate test vessel for the company’s KARNO technology. Hyliion said ONR is funding the initial sea trials through a development program to advance KARNO Cores for onboard power generation on US Navy vessels.
Later, on June 10, Needham initiated coverage of Hyliion Holdings Corp. with a Buy rating. The firm gave a $9 price target on the shares. Analyst Sean Milligan said the corporation could transition from development to commercialization of its KARNO power module over the next 12 months. He also noted that KARNO’s fuel flexibility, low emissions, quiet operation, electrical efficiency, and lower maintenance needs could make it “a disruptor within bring-your-own power end markets.” It gives Hyliion a strong position as commercialization moves upward.
Hyliion Holdings Corp. develops sustainable electricity-producing technology. It provides modular power plant technology that can operate on various fuel sources through the KARNO power module.
2. Solid Power, Inc. (NASDAQ:SLDP)
Analyst Upside: 164.42%
On June 10, Alliance Global started coverage of Solid Power, Inc. (NASDAQ:SLDP) with a “Buy” rating and a $6.75 price target. The firm said the power battery firm is one of only a few companies focused solely on supplying solid electrolyte materials to the solid-state battery industry. The analyst also noted that this solid electrolyte is proven to improve overall battery performance across the board.
Separately, Solid Power, Inc.’s recent developments include its completed site acceptance testing for SK On’s pilot cell line and the beginning of construction of its continuous sulfide electrolyte manufacturing pilot facility, with commissioning remaining on track for the end of 2026. The corporation also said it supplied electrolytes to Samsung SDI under its joint evaluation agreement with Samsung SDI and BMW. It also continued customer sampling and explored commercial-scale production partnerships in South Korea. The company strengthened its balance sheet by completing a $130 million registered direct offering.
Solid Power, Inc. manufactures and supplies power batteries. The firm develops all-solid-state battery cell technology.
1. Blink Charging Co. (NASDAQ:BLNK)
Analyst Upside: 279.05%
Blink Charging Co. (NASDAQ:BLNK) is among the Most Promising Stocks.
On May 13, Blink Charging Co. reported solid momentum in growing its DC fast-charging network, and 27 sites had been approved or were under construction as of March 31, 2026.
The company said those projects are expected to add 136 charging stalls. Recent placements include a 600kW site at Vasa Fitness in Lafayette, Colorado, along with new DC fast chargers in North Carolina and Brooklyn, New York. Its approved pipeline reaches New Jersey, Maryland, Illinois, Pennsylvania, Florida, and more locations in North Carolina.
President and CEO Mike Battaglia called DC fast charging “central to how we are building Blink for the next decade and beyond.” He also disclosed that the firm is “deploying capital intentionally and strategically on high-quality sites” and building infrastructure designed to increase utilization and meet growing EV charging demand.
Blink Charging Co. works in electric vehicles, charging equipment, and networked EV charging services. Its product line and services include the Blink EV charging network, charging equipment, and EV charging services.
