1 Lithium Producer Is Mining Big Gains in the Booming EV Market
The revolutionary growth being experienced in the electric vehicle (EV) market goes much deeper than the car sales that we as consumers see at the surface. Sure, Tesla is charging ahead with four of the top 12 EV models in 2021 -- by total units sold -- and companies like Ford and General Motors are drafting behind the leader as sales are increasing, but the one thing in common that all of these vehicles require is batteries.
To be more specific, lithium batteries are what's currently powering us into the future for the EV market. For investors, lithium producers have made for a good investment opportunity. For example, the larger lithium producer Albemarle -- with its $29 billion market cap -- has seen its stock price jump by over 355% since the end of March 2020, to over $230 per share. But there is one smaller -- by market cap -- lithium producer that can offer investors an opportunity to load up on shares for as little as $5,000.
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Source Fool.com
