In this article, we take a look at the 9 Best EV Charging Stocks to Buy Now.
Electric vehicles (EVs) are surging into the mainstream. This is according to Alliance for Automotive Innovation data, which shows that 16.5 million EVs were sold worldwide through October 2025, a 23% year-over-year increase. In October alone, 1.9 million EVs were sold, and Europe was the standout performer with a 36% year-over-year growth.
As a consequence, EV charging infrastructure is also being built at a fast rate. In fact, a PwC analysis concluded that the EV charging market must grow nearly ten times between 2025 and 2030 to meet the charging needs of the EVs on the road. Wood Mackenzie (WoodMac), a consultancy firm, also has projections along these lines. According to the firm, the number of EV charging ports globally will expand at 12.3% annually between 2026 and 2040, to hit 206.6 million installations in 2040.
WoodMac’s Oliver McHugh told Utility Dive on August 19, 2025, that “as utilization in public charging increases and infrastructure efficiency improves, we expect the ratio of EVs to public chargers to increase from 7.5 battery electric vehicles per charger in 2025 to 14.2 in 2040.”
Interestingly, a Boston Consulting Group (BCG) analysis, published in September 2025, insists that, although EV sales have slowed in key markets this year, and will probably continue to contract in the near future, the EV charging sector will continue to see growth. The reason is that, according to BCG, while “EV adoption has long been the engine of infrastructure expansion, this year challenged that momentum… the pace of public charger deployment [is now being] fueled by intense competition and ambitious rollouts…”
With this background, this article will discuss 10 EV charging companies that appear well positioned to benefit from the long-term expansion of the sector.
Our Methodology
To compile the list of the 10 Best EV Charging Stocks to Buy Now, we used online rankings, financial media reports, and stock screeners to identify a broad pool of EV charging companies, including pure-play and diversified names. We then evaluated each company’s upside potential using analyst price targets sourced from major financial platforms and refined the selection using institutional interest based on Q3 2025 13F filings in Insider Monkey’s database. The final list is ranked in ascending order of upside potential.
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Note: The upside potential data is as of December 1, 2025.
Best EV Charging Stocks to Buy Now
9. NIO Inc. (NYSE:NIO)
Stock Upside Potential: 22.16%
Number of Hedge Fund Holders: 34
NIO Inc. (NYSE:NIO) is one of the best EV charging stocks to buy now. On November 25, Macquarie downgraded NIO Inc. (NYSE:NIO) from an Outperform rating to Neutral. The firm also lowered the price target for the Hong Kong listing by 23% and 21% for the US listing. Macquarie stated that the weakening demand for ONVO, NIO’s mass market brand, which was partly occasioned by the phase-out of government subsidies, is the main reason for their action.
The analysts noted a “reduced visibility on China’s EV incentives,” which, as per their analysis, is creating policy risks that are expected to “weigh on volumes into 2026.” Add to that NIO’s delivery guidance for the fourth quarter (120,000–125,000 units), that missed earlier analyst expectations of 150,000 units. To the analysts’ knowledge, the disappointing guidance implies that sales volumes for November and December will likely remain flat.
On the same day and a few hours earlier, US Tiger Securities reaffirmed its Buy rating for NIO stock and kept the price target unchanged at $8. The firm described NIO’s third-quarter performance as “solid,” basing their positive stance on three main drivers: meaningful margin recovery, efficiency, and continued sales energy across NIO’s three distinct brands.
NIO Inc. (NYSE:NIO) is a Chinese premium EV manufacturer that has become a key player in EV charging infrastructure. The company operates an extensive network of over 3,200 Power Swap Stations and hundreds of fast-charging stations worldwide. This includes deployments along China’s expressways and recent expansions into international markets such as the UAE.
8. Li Auto Inc. (NASDAQ:LI)
Stock Upside Potential: 26.21%
Number of Hedge Fund Holders: 14
Li Auto Inc. (NASDAQ:LI) is one of the best EV charging stocks to buy now. Li Auto Inc. (NASDAQ:LI) holds a Hold consensus from 8 analysts, with 2 Buys, 5 Holds, and 1 Sell. The average price target is $23.21, ranging from $17 to $32, suggesting a 26.2% upside from the current $18.39
On November 26, Li Auto Inc. released its Q3 2025 financial results, where it reported a non-GAAP diluted net loss per ADS of RMB 0.36 ($0.05), missing analyst consensus estimates of RMB 0.64. The quarter’s total revenue reached RMB 27.4 billion ($3.8 billion), surpassing analyst expectations by 3.28%. However, the figure is a 36.2% decline year-over-year, due to what management described as a sharp drop in vehicle deliveries amid supply chain disruptions and the impact of a Li MEGA vehicle recall.
The company also recorded a RMB 624.4 million ($87.7 million) net loss during the quarter, a massive swing from the net income of RMB 2.8 billion in Q3 2024. Management explained that the swing was due to a 37.4% year over year vehicle sales decline – total vehicle deliveries fell 39.0% to 93,211 units compared to the prior-year quarter. Unsurprisingly, gross profit tanked by 51.6% year-over-year to RMB 4.5 billion ($627.8 million), yielding a gross margin of 16.3%, down from 21.5%. Management attributed the compression to Li MEGA recall-related costs, noting that excluding these, the gross margin would have been 20.4%.
Li Auto Inc. (NASDAQ:LI) is a leading Chinese EV manufacturer that is aggressively building EV charging infrastructure. The company has committed over RMB 6 billion to expand its supercharging network, targeting more than 5,000 supercharging stations by year-end 2025. These stations are equipped with proprietary 5C fast-charging technology and are designed to cover 90% of China’s major highway routes and urban centers.
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