03. Buy American Plan - EV Stocks To Buy

1 feb 2021 · 20 min. 2 sec.
03. Buy American Plan - EV Stocks To Buy
Descrizione

EV stocks could become even more attractive to Wall Street under the "Buy American" plan. Fuel regulations, stimulus and consumer tax credits are some of the ways Biden could assist...

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EV stocks could become even more attractive to Wall Street under the "Buy American" plan. Fuel regulations, stimulus and consumer tax credits are some of the ways Biden could assist EV adoption in the U.S. Biden will start the process of phasing out the federal government’s use of gas-powered vehicles and replacing them with ones that run on electricity. As of 2019, there were nearly 650,000 vehicles in the federal government’s fleet, according to the General Services Administration. This is great news for US-based EV makers like Tesla, Rivian, and Lordstown, as well as legacy automakers like Ford and General Motors that are in the midst of multibillion-dollar investments in electric vehicle production. On this episode we're breaking down the top U.S. EV and charging station stocks to watch.

Guest: Andrew Horowitz is the President and Founder of Horowitz & Company, a Registered Investment Advisor. He is also the host of The Disciplined Investor Podcast.
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Autore Rever Networks
Organizzazione Rever Networks
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