Is Lithium Americas (LAC) One of the Best EV Battery Stocks to Buy?

Lithium Americas Corp. (NYSE:LAC) is one of the best EV battery stocks to buy in 2026. On May 5, Lithium Americas Corp. (NYSE:LAC) appointed Clayton Walker as an independent member of its Board of Directors. The tenure was effective as of May 4.

Is Lithium Americas (LAC) One of the Best EV Battery Stocks to Buy?

Walker is a former Rio Tinto executive, where he served in several senior leadership roles, including Chief Growth and Development Officer and Chief Operating Officer of the company’s Copper product group. He also served as CEO and Executive Chairman of Iron Ore Company of Canada for five years.

Separately, Lithium Americas shared its full-year 2025 results on March 19, in which it stated that since the Thacker Pass lithium project is still a work in progress, the company recorded zero revenue for 2025. Meanwhile, the company reported that the full-year net loss widened to $86.3 million, or $0.50 loss per share, from $42.6 million, or $0.21 per share, in 2024. Management said this loss came on the back of a sharp rise in operating expenses, which climbed to $52.8 million from $28.3 million. They cited significantly more hiring, higher professional fees, and a $14.1 million community contribution toward building a new school in the nearby town of Orovada.

Despite the losses, total cash and restricted cash stood at $905.6 million at year-end, up from $594.2 million at the end of 2024. This increase was funded by the first $435 million drawdown of its $2.23 billion US Department of Energy loan in October 2025, equity raised through ATM programs ($401.2 million in 2025 alone), and a strategic investment from Orion Resource Partners, management noted.

Lithium Americas Corp. (NYSE:LAC) is a lithium development company that supplies lithium used in EV batteries.

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