5 Best Battery Stocks to Buy Now

4. BYD Company Limited (OTC:BYDDF)

Share Price Growth Over the Last 12 Months: 130%
Number of Hedge Fund Holders: 2

BYD Company Limited (OTC: BYDDF) is one of the largest battery manufacturers in the world, as it supplies several electrical vehicle companies with power packs to power their products. The company has two subsidiaries that target the automotive and consumer electronics markets. According to research from KPMG, BYD Company Limited (OTC: BYDDF) was the second-largest supplier of batteries to the Chinese electric vehicle segment in 2018, 2019 and 2020. During the three years, BYD’s share of Chinese electric vehicle installed battery capacity stood at 11.4GWh, 10.75GWh and 9.48GWh, respectively, to account for 15% of the total market in 2020.