In this article, we will discuss the 9 Cheap Solid State Battery Stocks to Invest in Now.
Solid-state batteries are frequently regarded as the electric vehicle (EV) of the future. They have the ability to completely transform the market by providing increased energy density, quicker charging times, and increased safety. But there are still several obstacles in the way of developing high-performance, reasonably priced solid-state technology.
Significant innovation has been spurred by the switch from liquid electrolyte-based lithium-ion batteries to solid or semi-solid state alternatives, especially in China, where automakers like MG Motor are spearheading the movement. The MG4 hatchback will be powered by MG’s semi-solid-state battery, which is a breakthrough in enabling consumers on a tight budget to access next-generation technology. This battery offers improved performance and range in cold climates—at a fraction of the cost of high-end EVs.
Although solid-state batteries continue to hold great potential, experts warn that the technology is still in its early stages. Major manufacturers like Toyota and Volkswagen are making significant investments in solid-state development, which is accelerating the battle to overcome industrial and technical obstacles. The transition to mass manufacturing and economical solutions, however, might not happen until the late 2020s or early 2030s.
Until then, most EVs will still be powered by lithium-ion batteries, which are getting more and more economical and efficient despite their drawbacks. Solid-state batteries could mark a major technological breakthrough, transforming the auto industry and potentially redefining the future of EVs.
With this backdrop, let’s now move on to our list of the 9 Cheap Solid State Battery Stocks to Invest in Now.
A person inspecting a lithium-ion battery that is being recycled.
Our Methodology
To curate our list of the 9 Cheap Solid State Battery Stocks to Invest in Now, we used the Finviz screener to extract a list of companies related to solid state battery technology. These companies, trading under a forward price-to-earnings ratio of 20x, were ranked on the basis of hedge fund sentiment using Insider Monkey’s database that tracks over 1,000 hedge funds. Finally, we present our list of the 9 Cheap Solid State Battery Stocks to Invest in Now in ascending order based on the number of hedge fund holders having stakes in the respective stocks as of Q1 2025.
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).
9. Honda Motor Co., Ltd. (NYSE:HMC)
Forward Price-to-Earnings: 11.55
Number of Hedge Fund Holders: 11
Honda Motor Co., Ltd. (NYSE:HMC) is included in our list of the 9 Cheap Solid State Battery Stocks to Invest in Now.
Honda Motor Co., Ltd. (NYSE:HMC) released its June 2025 production and sales report on July 30, 2025, highlighting both strategic shifts and obstacles. In June 2025, the company’s total worldwide output came to 287,783 units, a tiny 0.6% year-over-year (YOY) decrease led by a 2.4% decline in production outside of Japan. However, Japan experienced a robust recovery, with 60,804 units produced, an 8.5% year-over-year increase. Japan’s production increased by 9.7%, contributing to the overall trend.
The Japanese market also experienced difficulties, with sales falling 16.9% year over year to 49,263 units, the third consecutive month of declining sales. Sales of mini-vehicles fell 8.3% year over year, continuing their poor performance. Despite a robust 190.7% year-over-year growth in June shipments, which came to 12,012 units, Honda Motor Co., Ltd. (NYSE:HMC) faced difficulties with its export operations.
The 472.4% increase in shipments to the USA, which made a substantial contribution to the overall export rise, was a noteworthy highlight. Despite these conflicting figures, Honda Motor Co., Ltd. (NYSE:HMC) is steadfast in its commitment to sustainable technologies, emphasizing environmentally friendly options.
Notably, Honda Motor Co., Ltd. (NYSE:HMC) revealed a new plan on June 30, 2025, for the production of fuel cell modules in Moka City, Japan. The strategy aims to maintain the company’s long-term commitment to hydrogen technology while reducing initial manufacturing capacity.
Meanwhile, Macquarie downgraded Honda from ‘Outperform’ to ‘Neutral’ on June 25, 2025, indicating a more cautious stance in the face of global manufacturing challenges.
Honda Motor Co., Ltd. (NYSE:HMC) makes motorcycles, automobiles, and power products in Japan. It is included in our list of cheap solid state battery stocks.
8. Toyota Motor Corporation (NYSE:TM)
Forward Price-to-Earnings: 11.89
Number of Hedge Fund Holders: 15
Toyota Motor Corporation (NYSE:TM) is included in our list of the 9 Cheap Solid State Battery Stocks to Invest in Now.
Toyota Motor Corporation (NYSE:TM) announced its first-half 2025 production, sales, and export numbers on July 30, 2025, highlighting strong year-over-year performance across production, sales, and exports. Compared to the 4.89 million units sold during the same period the previous year, global sales increased by 5.5% to 5.16 million units.
Strong demand for new models like the Crown Estate and a comeback from last year’s certification issue and recall led to a notable 12.6% year-over-year increase in Japanese sales. Largely driven by strong demand for Toyota Motor Corporation (NYSE:TM)’s hybrid models, North America, the second-largest market, contributed 1.44 million units, representing a 4.2% YoY increase. With government subsidies for electric vehicles, Toyota’s largest market, Asia, had a 5.4% increase, hitting 1.54 million units.
Toyota Motor Corporation (NYSE:TM) produced 4.92 million units worldwide, a 5.8% increase over the previous year. Asia saw a particularly noteworthy increase in production, rising 6.1% year over year to become the largest production segment. With North America remaining the largest export destination, total exports, excluding Lexus, hit 1.01 million units, the most since 2019 and representing an 8% YoY growth.
Serving Japan, North America, Europe, Asia, Central and South America, Oceania, Africa, and the Middle East, Toyota Motor Corporation (NYSE:TM) manufactures passenger and commercial vehicles, along with related parts. It is included in our list of cheap solid state battery stocks.
7. Microvast Holdings, Inc. (NASDAQ:MVST)
Forward Price-to-Earnings: 18.55
Number of Hedge Fund Holders: 17
With a low price-to-earnings multiple and strong hedge fund interest, Microvast Holdings, Inc. (NASDAQ:MVST) earns a spot on our list of the 9 Cheap Solid State Battery Stocks to Invest in Now.
Innovation, international growth, and strong financials are helping Microvast Holdings, Inc. (NASDAQ:MVST) become a significant player in the battery technology industry.
Through a collaboration with Norway’s Evoy, Microvast Holdings, Inc. (NASDAQ:MVST) entered the marine electrification market in 2024 by incorporating its MV-I battery into high-output electric boats, which served as a gateway to specialist industries like aviation and defense.
The momentum continued in January 2025 when Microvast Holdings, Inc. (NASDAQ:MVST) unveiled a breakthrough in True All-Solid-State Battery technology, offering enhanced safety and performance. Citing Microvast’s remarkable Q1 2025 results—a 43.2% YoY sales spike, a $61.8 million profit, and growing demand from the EMEA region—H.C. Wainwright reiterated a Buy rating on May 13.
A few days later, on May 19, Microvast Holdings, Inc. (NASDAQ:MVST) demonstrated its innovative edge by showcasing its newest high-energy and fast-charging batteries at the China International Battery Fair. Looking ahead, the company is in an excellent position for future growth, as seen by its shares rising 694% in the last year.
Microvast Holdings, Inc. (NASDAQ:MVST) provides solid-state energy storage and battery solutions for EVs, making it a compelling low-cost investment in the sector. It is included in our list of cheap solid state battery stocks.
6. Materion Corporation (NYSE:MTRN)
Forward Price-to-Earnings: 18.52
Number of Hedge Fund Holders: 22
With a low P/E ratio and solid hedge fund backing, Materion Corporation (NYSE:MTRN) earns a spot on our list of the 9 Cheap Solid State Battery Stocks to Invest in Now.
On July 18, 2025, KeyBanc upgraded Materion Corporation (NYSE:MTRN) from ‘Sector Weight’ to ‘Overweight,’ with a price target of $112.00, indicating a potential gain of 10.96% from the current stock price of $100.94.
A resurgence in the semiconductor industry, one of Materion Corporation (NYSE:MTRN)’s primary businesses, and a reduction in China tariff tensions are reflected in the positive call. Additionally, KeyBanc identified continued strength in defense and aerospace, including space technologies, as major demand generators. Notably, management’s consistent emphasis on growing through-cycle EBITDA margins has led analysts to increase their 2025–2026 EPS projections.
Materion’s long-term appeal is increased by its crucial exposure to beryllium, a mineral with increasing strategic relevance as the United States works to strengthen its domestic supply chains. With a 7.69% gain in the last year and a 14-year dividend payment streak, Materion Corporation (NYSE:MTRN) is putting itself at the forefront of several high-growth industries while rewarding shareholders.
Materion Corporation (NYSE:MTRN) produces advanced engineered materials across the US, Asia, Europe, and other global markets. Performance Materials, Electronic Materials, Precision Optics, and Other are the company’s four business segments. It is included in our list of cheap solid state battery stocks.
5. Stellantis N.V. (NYSE:STLA)
Forward Price-to-Earnings: 5.04
Number of Hedge Fund Holders: 27
With a low price-to-earnings multiple and strong hedge fund interest, Stellantis N.V. (NYSE:STLA) earns a spot on our list of the 9 Cheap Solid State Battery Stocks to Invest in Now.
In the second quarter of 2025, Stellantis N.V. (NYSE:STLA) reported lower-than-expected earnings per share (EPS) of $0.2116, falling short of the consensus estimate of $0.4198. Due to negative price, mix, and foreign exchange headwinds, as well as a 7% decline in shipments, net sales fell 13% year over year to $84.41 billion. Additionally, the business disclosed a $3.42 billion industrial free cash outflow. With more focused inventory management and more robust product releases, there was an improvement over H2 2024.
With a strong product pipeline, Stellantis N.V. (NYSE:STLA) is positioned for future expansion. In 2025, the business plans to introduce ten new automobiles, including the Dodge Charger and Jeep Cherokee. It is also increasing sales of electric and hybrid vehicles, especially in Europe, where it has surpassed all other BEVs in terms of volume.
With a strong emphasis on profitability and execution, Stellantis N.V. (NYSE:STLA) anticipates growth in its sales, AOI margin, and industrial free cash flow in H2 2025.
Stellantis N.V. (NYSE:STLA) is a global automobile and light commercial vehicles manufacturer. It is included in our list of cheap solid state battery stocks.
4. Rio Tinto Group (NYSE:RIO)
Forward Price-to-Earnings: 10.13
Number of Hedge Fund Holders: 36
Rio Tinto Group (NYSE:RIO) is included in our list of the 9 Cheap Solid State Battery Stocks to Invest in Now.
Despite a 13% decline in iron ore prices, Rio Tinto Group (NYSE:RIO) announced strong financial results for the first half of 2025 on July 30, 2025. Net profit decreased by 22% to $4.5 billion, while underlying EBITDA was down 5% to $11.5 billion. Strong performances from the copper and aluminum divisions, as well as a recovery in Pilbara operations after the Q1 cyclones, helped to support the results. Production rose 6% annually, with considerable increases in shipments of copper and bauxite, especially from Oyu Tolgoi.
Rio Tinto Group (NYSE:RIO) announced a $2.4 billion dividend while maintaining its 50% payout ratio. Important projects were also advanced by Rio Tinto, such as the Simandou iron ore project, which is scheduled to export for the first time in November 2025, and significant advancements in the lithium industry, which were exemplified by the $6.7 billion purchase of Arcadium Lithium.
Rio Tinto Group (NYSE:RIO) is well-positioned for long-term growth due to its strategic investments and varied portfolio. Rio Tinto stressed effective cash flow management and reiterated its output guidance for the future.
Operating through its Iron Ore, Aluminum, Copper, and Minerals segments, Rio Tinto Group (NYSE:RIO) is a global mining company. It is included in our list of cheap solid state battery stocks.
3. Ford Motor Company (NYSE:F)
Forward Price-to-Earnings: 9.62
Number of Hedge Fund Holders: 39
With a low price-to-earnings multiple and strong hedge fund interest, Ford Motor Company (NYSE:F) earns a spot on our list of the 9 Cheap Solid State Battery Stocks to Invest in Now.
JPMorgan upgraded Ford Motor Company (NYSE:F) to ‘Overweight’ ahead of its Q2 earnings release on July 30, raising its price target to $13 from $12 on July 21, citing “stronger-than-expected” output as purchasers hurried to purchase vehicles ahead of tariff-driven price hikes.
Ford Motor Company (NYSE:F), which is up 9.90% year to date, has benefited from robust hybrid sales, rising margins, and continuous profit growth. Nevertheless, Wall Street anticipates Q2 earnings per share to decrease 30% year on year to $0.33, with revenue down 4% to $45.79 billion due to greater incentives, EV sector losses, and lower vehicle pricing.
Nonetheless, Ford Motor Company (NYSE:F)’s earnings history is encouraging: it has above EPS projections in seven of the previous nine quarters. While JPMorgan continues to favor car suppliers over manufacturers, its upbeat outlook suggests Ford may be better positioned than many believe in managing a changing automotive industry.
Ford Motor Company (NYSE:F) designs, manufactures, markets, and serves a range of Ford trucks, SUVs, and cars worldwide, while also growing into electric and hybrid vehicles. It is included in our list of cheap solid state battery stocks.
2. Albemarle Corporation (NYSE:ALB)
Forward Price-to-Earnings: 18.45
Number of Hedge Fund Holders: 42
Albemarle Corporation (NYSE:ALB) is included in our list of the 9 Cheap Solid State Battery Stocks to Invest in Now.
Despite the stock’s recent increase, Albemarle Corporation (NYSE:ALB) was given a double downgrade this week as analysts became more concerned.
Citing poor financial health, including a narrow 3.93% gross margin and negative earnings, as well as worries that lithium price increases would be speculative, Baird downgraded its rating on Albemarle Corporation (NYSE:ALB) from ‘Neutral’ to ‘Underperform’ on July 29, 2025.
KeyBanc followed suit on July 30 and downgraded Albemarle Corporation (NYSE:ALB) to ‘Sector Weight’, raising the possibility that the rally surpassed fundamentals.
Although both analysts are optimistic about the long-term demand for lithium, there are also short-term dangers, such as pressure on prices, underutilized output, and uncertainty around contract renegotiations. KeyBanc anticipates that the price of lithium carbonate in China will remain relatively stable around $8.50 to $9.50/kg.
As the lithium market rebalances, analysts are closely monitoring it to determine whether Albemarle Corporation (NYSE:ALB)’s progress can continue or whether structural obstacles will become more significant in 2026.
Albemarle Corporation (NYSE:ALB), a global specialty chemicals manufacturer, is one of the biggest producers of lithium, which is utilized in energy storage and electric car batteries. It is included in our list of cheap solid state battery stocks.
1. General Motors Company (NYSE:GM)
Forward Price-to-Earnings: 8.88
Number of Hedge Fund Holders: 44
With a low price-to-earnings multiple and strong hedge fund interest, General Motors Company (NYSE:GM) earns a spot on our list of the 9 Cheap Solid State Battery Stocks to Invest in Now.
On July 22, 2025, General Motors Company (NYSE:GM) reported strong Q2 earnings, posting EPS of $2.53—beating the consensus estimate of $2.34. A record quarterly revenue of $91 billion was driven by strong demand, stable pricing, and solid EV performance, particularly from the Cadillac Escalade IQ and Chevrolet Equinox EV. Strategic investments in battery technology and charging infrastructure have helped GM secure the second-largest EV market share in the U.S.
Despite regulatory and tariff-related challenges, General Motors Company (NYSE:GM) maintained its full-year guidance, projecting EBIT in the range of $10 to $12.5 billion. GM continues focusing on mitigating supply chain challenges and expanding its EV production capacity.
Following the earnings release, Citi reaffirmed its ‘Buy’ rating and raised its price target from $59 to $61, citing General Motors Company (NYSE:GM)’s operational resilience and growth prospects. The bank also pointed to GM’s strategic influence in international trade discussions—highlighting potential benefits from agreements with South Korea, Japan, and the USMCA. GM’s forward-looking strategy and strong EV momentum reinforce its place among solid-state battery-related value stocks.
Operating through its GM North America, GM International, Cruise, and GM Financial segments, General Motors Company (NYSE:GM) manufactures trucks, crossovers, cars, and automobile parts worldwide. It is included in our list of cheap solid state battery stocks.
While we acknowledge the potential of GM 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 GM and that has 100x upside potential, check out our report about this cheapest AI stock.
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