7 Best Lithium and Battery Stocks to Buy Right Now

2. General Motors Company (NYSE:GM)

Number of Hedge Fund Holders: 71 

Analysts’ Upside Potential as of January 21: 14.01

General Motors Company (NYSE:GM) is among the Best Battery Stocks.

General Motors Company (NYSE:GM) is moving manufacturing of the China-built Buick Envision SUV to its Kansas City assembly plant in the United States, starting with the next-generation model in 2028, based on a January 22, 2026, Reuters story. The action puts an end to nearly ten years of U.S. imports of the Envision, which had been subject to a 25% duty since 2018. As stated by the firm, the change benefits American workers and expands its domestic manufacturing base. The Chevrolet Equinox SUV will also be produced in Kansas City from Mexico in 2027, while the Chevy Blazer will be manufactured in Spring Hill, Tennessee. The plant will only concentrate on combustion-engine vehicles after producing the all-electric Chevrolet Bolt for a brief period of time.

Separately, on January 21, 2026, TheFly reported that JPMorgan increased General Motors Company (NYSE:GM)’s price objective from $85 to $100 with an Overweight rating. It noted “billion-dollar tailwinds” from lower U.S. emissions compliance costs and increased global output. The company anticipates that the removal of federal fuel economy and greenhouse gas penalties will help its 2026 outlook.

General Motors Company (NYSE:GM) designs, manufactures, and sells trucks, crossovers, cars, and automotive parts, as well as software-enabled services and subscriptions.