In this article, we will discuss: 8 Biggest EV Stocks to Watch in 2025.
Electric cars, often known as electric vehicles or EVs, are automobiles powered by electricity instead of gas. Electric car stocks are comprised of companies that primarily manufacture electric vehicles. Firms that make components for electric vehicles, such as batteries or autonomous driving systems, are also regarded as part of the electric vehicle industry.
A fierce price war is eroding profit margins and destabilizing the market, putting an increasing financial burden on China’s electric vehicle market. Following price reductions of up to 34%, entry-level EVs are now as cheap as $7,700, which has led industry experts to issue warnings. Beijing-based automobile seller Ma Hui claimed that due to oversupply and falling resale values, “all of us were losing money last year.” Wei Jianjun, the chairman of Great Wall Motor, warned that “an ‘Evergrande-like’ crisis already exists… it just hasn’t erupted yet,” drawing a comparison between the current state of affairs and the nation’s real estate collapse. The policy was denounced by the official People’s Daily, which said that “disorderly ‘price wars’ squeeze profits across the chain, impacting the entire ecosystem.”
The China Association of Automobile Manufacturers urged businesses not to sell below cost and denounced the trend as well. In the meantime, vendors claim that the number of “zero-mileage used cars” has risen, a tactic that inflates sales numbers while concealing low demand. “A lot of buyers might wait for the price dropping like this,” Ma remarked.
With that said, here are the 8 Biggest EV Stocks to Watch in 2025.
A technician connecting an EV battery to the Grid Integrated Vehicle platform.
Our Methodology
For this article, we sifted through online rankings to form an initial list of the 20 Best EV Stocks. From the resultant dataset, we chose 8 stocks with the highest number of hedge fund investors, using Insider Monkey’s database of 1000 hedge funds in Q1 2025 to gauge hedge fund sentiment for stocks. We have used the stock’s revenue growth year-over-year as a tie-breaker in case two or more stocks have the same number of hedge funds invested.
Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (see more details here).
8. VinFast Auto Ltd. (NASDAQ:VFS)
Number of Hedge Fund Holders: 8
VinFast Auto Ltd. (NASDAQ:VFS) reported that 11,496 electric vehicles had been delivered to Vietnam in May 2025, bringing its domestic year-to-date total to 56,187 units. The company is one of the best EV stocks.
Sales in May were led by the VF 5 (4,232 units) and followed by the VF 3 (3,950 units). In addition, there were 1,393 VF 6 and 773 VF 7 vehicles, while the larger SUVs VF 8 and VF 9 experienced growth. The overall volume was nevertheless supported by the business-oriented Herio Green and Nerio Green models.
The VF 3 mini SUV was introduced in late 2024 and became VinFast Auto Ltd. (NASDAQ:VFS)’s best-selling vehicle in 2025 with 19,416 units delivered. Urban shoppers who are younger are particularly drawn to its youthful and compact style. The price and efficiency of the VF 5, an A-segment EV, make it a popular choice for people, young families, and ride-hailing services.
VinFast Auto Ltd. (NASDAQ:VFS)’s competitive position in Vietnam’s expanding electric vehicle market is shown by its product variety throughout the small, midsize, and business EV areas.
7. SolarEdge Technologies, Inc. (NASDAQ:SEDG)
Number of Hedge Fund Holders: 29
Barclays is still rating SolarEdge Technologies, Inc. (NASDAQ:SEDG) as Underweight, but it has increased its price target from $11 to $12. The firm is among the best EV stocks.
The company mentioned the possible advantages of the next final draft of the U.S. budget reconciliation, which is anticipated to prioritize solar leases over loans in terms of phase-out timing and tax subsidies.
Barclays believes that SolarEdge Technologies, Inc. (NASDAQ:SEDG) will benefit more than Enphase Energy as a result of the suggested regulatory changes. The firm may become more competitive in the market when compared to businesses that depend more on loan-based installations as a result of the anticipated change toward rewarding solar leasing models.
Barclays’ Underweight stance shows that it is still cautious about the stock’s overall outlook, even in light of the price target adjustment. The report stresses how the solar energy industry may be greatly impacted by impending fiscal policy decisions in the United States, with various effects on major firms such as SolarEdge Technologies, Inc. (NASDAQ:SEDG) and Enphase based on their exposure to distinct business models.
6. Ford Motor Company (NYSE:F)
Number of Hedge Fund Holders: 39
A significant 52,000-square-foot expansion at Ford Motor Company (NYSE:F)’s Louisville Assembly Plant (LAP) in Kentucky has been proposed as part of the $1.2 billion EV transition investment included in the 2023 UAW-Ford labor contract.
The proposals call for a 30,000-square-foot enlargement of the dock space, a 10,000-square-foot dock addition, and a 12,000-square-foot EV charging station with 16 units.
The retooling supports LAP’s transition from making the Ford Escape and Lincoln Corsair, both of which will be phased out after 2025, to a new all-electric car under the UAW agreement. The labor agreement reached following the 2023 strike guarantees an EV product at only three Ford Motor Company (NYSE:F) facilities nationwide, including the LAP.
Todd Dunn, the president of UAW Local 862, acknowledged that there will be temporary layoffs during the transition, although he did not specify when. According to Ford Motor Company (NYSE:F), the filing is a standard procedure that focuses on loading dock upgrades required for the next production shift. The company is ranked sixth on our list of the best EV stocks.
5. Albemarle Corporation (NYSE:ALB)
Number of Hedge Fund Holders: 42
Rock Hoffman of Bank of America Securities stated in a published research report that he still had a buy recommendation on Albemarle Corporation (NYSE:ALB), with a price target of $93.00. The closing price of the company’s shares yesterday was $62.30. It is one of the best EV stocks.
According to Albemarle Corporation (NYSE:ALB)’s most recent financial report, the company made $1.08 billion in revenue and $41.35 million in net profit for the quarter that ended on March 31. In contrast, the business made $1.36 billion in revenue and $2.45 million in net profit the previous year.
Albemarle Corporation (NYSE:ALB) is among the biggest producers of lithium worldwide. The primary source of demand for lithium in the lithium business is batteries, which employ lithium as an energy storage material, especially in electric vehicles. The firm is a complete manufacturer of lithium.
4. NXP Semiconductors N.V. (NASDAQ:NXPI)
Number of Hedge Fund Holders: 49
Stacy Rasgon, a Bernstein analyst, set a $200.00 price objective for NXP Semiconductors N.V. (NASDAQ:NXPI) and kept her rating at Hold. The company’s stock closed yesterday at $213.08. It is among the best EV stocks.
According to NXP Semiconductors N.V. (NASDAQ:NXPI)’ most recent earnings report, it made $2.84 billion in revenue and $490 million in net profit for the quarter that ended on March 30. The company’s sales were $3.13 billion and its net profit was $639 million last year.
The firm is a major player in the analog and mixed-signal chip sectors overall and one of the biggest producers of semiconductors for the automobile industry. Leading automotive chip manufacturer NXP Semiconductors N.V. (NASDAQ:NXPI) has dependable goods and solid client ties. It should therefore have an advantage with more recent technologies, like battery management systems and radar operating at 77 GHz.
3. Analog Devices, Inc. (NASDAQ:ADI)
Number of Hedge Fund Holders: 79
Revenue Growth (YoY): -23.39%
According to a published report, Bernstein analyst Stacy Rasgon kept Analog Devices Inc. (NASDAQ:ADI) at a Hold rating, with a $220.00 price target. Yesterday, the closing price of the company’s shares was $227.66.
The second-quarter fiscal revenue of Analog Devices Inc. (NASDAQ:ADI), $2.64 billion, jumped by 9% sequentially and exceeded the high end of projections, with growth of at least 10% in all end markets. The fiscal third-quarter revenue prediction of $2.75 billion from ADI exceeded the consensus estimates from FactSet.
Analog Devices Inc. (NASDAQ:ADI) is a prominent manufacturer of chips for analog, mixed-signal, and digital signal processing. The company holds a substantial market share advantage in converter chips, which convert analog signals to digital and vice versa. The company provides services to tens of thousands of customers; industrial and automotive end industries account for over half of its chip sales.
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.
1. Tesla, Inc. (NASDAQ:TSLA)
Number of Hedge Fund Holders: 104
Shares of Tesla, Inc. (NASDAQ:TSLA) surged 1.7%, continuing their three-day upswing, following CEO Elon Musk’s admission that his remarks regarding President Trump “went too far.”
Since the June 5 low, the company has recovered 23% of its market value due to the apology. Given that investor sentiment had been negatively impacted by regulatory uncertainty resulting from the disagreement, Musk’s action seems to be an attempt to defuse tensions with the U.S. government.
Musk has been the target of vandalism at Tesla, Inc. (NASDAQ:TSLA) dealerships and public outrage since he was designated as a “special government employee” with a focus on reducing waste. The dispute with Trump had become a major burden, causing concerns about potential regulatory obstacles to the firm’s autonomous driving ambitions.
Analyst Dan Ives of Wedbush described the partnership as “mutually necessary,” particularly as Tesla, Inc. (NASDAQ:TSLA) gets ready to introduce its robotaxi service in Austin on June 22. Ives believes the decision is the first step toward a $2 trillion valuation for the business, which will be fueled by autonomy and the company’s impending Cybercab launch. Tesla is one of the best EV stocks to invest in.
While we acknowledge the potential of TSLA to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than TSLA and that has 100x upside potential, check out our report about this cheapest AI stock.
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