8 Biggest EV Stocks to Watch in 2025

2.  General Motors Company (NYSE:GM)

Number of Hedge Fund Holders: 79

Revenue Growth (YoY): 9.08%

General Motors Company (NYSE:GM) has announced a $4 billion commitment to relocate production from Mexico to the United States, expanding gas and electric vehicle manufacturing in the face of President Trump’s tariffs.

During the next two years, General Motors Company (NYSE:GM) plans to move the production of the Chevrolet Equinox to Kansas City, Kansas, by mid-2027 and the Chevrolet Blazer to Spring Hill, Tennessee, in 2027. The 2027 Chevrolet Bolt EV will also be produced at the Kansas facility by the end of 2025.

This action followed the redesigned Equinox’s solid 30% year-over-year sales rise in the first quarter of 2025. General Motors Company (NYSE:GM) intends to make additional investments in Kansas for its upcoming line of reasonably priced EVs. Furthermore, starting in 2027, Orion Assembly in Michigan will manufacture light-duty pickups and full-size SUVs with gas engines.

According to General Motors Company (NYSE:GM), the investment will enable it to produce more than two million cars in the United States each year. President Mark Reuss and CEO Mary Barra underlined the strategy’s importance to American employment, manufacturing power, and consumer choice. The firm is ranked second on our list of the best EV stocks.