Why EV Stocks Are Poised To Explode This Summer

Hundreds of billions of private dollars are being poured into the EV industry … and that’s on top of Biden’s $174 billion for subsidies and charging stations.

There is no stopping the surge.

General Motors (NYSE:GM) is investing $27 billion in EVs over the next five years. It used the Superbowl for its breakout. Now, it’s mainstreaming them as the all-American car choice.

Ford (NYSE:F) is doubling its investment in EVs to $22 billion, and they’re planning to release their electric version of the Mustang and the F-150, the most popular vehicle in the U.S.

Amazon (NASDAQ:AMZN) dumped $700 million into EV startup Rivian, and as of January, it’s managed to boost its funding haul to $8 billion.