9 Hot EV Stocks To Buy Now

7. General Motors Company (NYSE:GM)

General Motors Company (NYSE:GM) is one of the hot EV stocks to buy now. Earlier on January 27, General Motors exceeded Wall Street’s Q4 adjusted earnings expectations, reporting $2.51 per share against the $2.20 anticipated. Despite a slight revenue miss at $45.29 billion, the automaker signaled strong confidence in its trajectory by announcing a 20% increase in its quarterly dividend to 18 cents per share. Additionally, the board authorized a new $6 billion stock repurchase program, continuing a multi-year effort to reduce outstanding shares and boost stock value.

2025 was marked by significant restructuring, including over $7.2 billion in special charges related to a strategic pullback from electric vehicles and operations in China. While these one-time costs led to a reported net loss for Q4, General Motors’ core North American operations remained a primary profit driver. The CFO noted that US tariffs cost the company $3.1 billion in 2025, a figure that came in lower than the automaker’s initial projections of up to $4.5 billion.

For 2026, General Motors Company (NYSE:GM) issued optimistic guidance, forecasting adjusted EBIT between $13 billion and $15 billion and EPS in the range of $11 to $13. The CEO highlighted a goal to return North American adjusted profit margins to between 8% and 10% this year. The 2026 outlook also accounts for a 15% tariff on vehicles imported from South Korea, though the company remains watchful of ongoing trade negotiations that could impact entry-level models like the Chevrolet Trax.

General Motors Company (NYSE:GM) designs, builds, and sells trucks, crossovers, cars, and automobile parts worldwide. It operates through GM North America, GM International, and GM Financial segments.