Electric vehicles have been with us since the beginning of cars; Centuries ago, many older models were made with electricity. But the technology involved – in power generation, batteries, electric drive motors and trains, chassis and body design and materials – is now coming to itself. Today’s electric cars share the same style as gasoline vehicles, can match or exceed the performance of older vehicles, and are rapidly gaining traction in a safe and rechargeable range.

Explosions in the automobile industry have brought many new companies to the forefront of the automotive industry. It’s not just about building e-cars. They are also building charging networks, developing new batteries, discarding old batteries, maintaining cars, training mechanics in the new systems – to fill these companies and to fill many other resources.

So where to start looking for a smart investor? We used the TipRanks platform to list three stocks related to the emerging electric vehicle industry in a variety of ways. These are rated stocks, high-stakes stocks, and recent thumbs up from Wall Street analysts.

Lee-Cycle Holdings (LICY)

We start with the battery. In particular, by reusing the battery. Lee-Cycle is a new company that was established in 2016 just five years ago to use the recycled battery market. The lithium-ion battery recharge solution is a sustainable source of recycled batteries for recycled batteries and is well-suited to the demand for electrification and battery equipment.

Li-Cycle estimates that by 2030 the industry will produce more than 15 million tons of discarded lithium-ion batteries, and is aiming to manage the collection and processing of this waste. According to the company, up to 95% of batteries can be used to recover, which reduces the amount of waste in landfills.

Earlier this month, Lee Cycle announced the opening of a new battery recovery facility in Alabama, which will significantly increase the company’s footprint. The Alabama Institute, located in Tuscalosa and planned for mid-2022, will be able to double the capacity of 5,000 metric tons of battery power and double that on the line.

The company is new to public markets through its August 11 SPAC marketing. That joint venture, along with Peridot SC, has raised $ 580 million in new capital for Li-Cycle, which will be used to finance the company’s expansion.

Li-Cycle released its first quarterly report for the third quarter of the 2021 budget, which ended on July 31, after it went public. LICY Over a year. The profit margin this year reflects the company’s re-use of materials.

Wedbush 5-year-old analyst Daniel Eves Lee-Cycle described it as a “green game recycling game” and bought it with a $ 14 price tag. At current levels, this target is up ~ 37% for the coming year. (To view Ives record, Click here)

In support of this position, Ives writes: “The EVI revolution is in its infancy, and as more and more EVs hit the road in a decade, companies will return to pure-game lithium-ion to the li-cycle. Reusable in the market as a source of battery level materials. Therefore, as demand for lithium, nickel and cobalt increases, Li-Cycle will have the resources to meet the growing demand. We believe that the lithium-ion recycling is in a good position to double its total size by 2025.

Overall, Wall Street seems to fit the Wedbush review. There are 6 analytics reviews for the Li-Cycle file, and they are purchased at 1 to capture only 1. The stock is trading at $ 10.20, with an average loss of 13. 13.83 over the next 12 months. (See LICY stock analysis on TipRanks)

Lightning eMotors (HIV)

Next, Lightning eMotors, EV Equation works both sides at the same time – the side of the vehicle and the side of the charging station. But this is a company that takes “out of the box” as a stock, and does not make EVs like everyone else. Instead, lightning produces electric vehicles for medium-sized trucks, buses, vans, chassis cabs, and city buses. The company manages this by producing electric drive systems and power transmission lines, along with existing fuel vehicle chassis such as the Ford Transit 350HD, Ford E-450 buses, Ford F550 trucks, Chevy 6500XD Low Cab Forward, and a range of 30 feet to 40 feet. On foot buses.

Through the charging station, the Lightning Charging Station generates EV charging points, and provides the load, support, and ongoing maintenance needed to maintain it. The company has established charging as a service model (CaaS) based on subscriptions.

Like LICY, the stock entered the public market earlier this year under the SPAC agreement. The transaction was completed on May 3, and the ZEV applicant argued on May 7. The company earned $ 216.8 million from its net operating capital from SPAC.

Lightning reported its second quarter result after SPAC was completed in August this year. The report, for 2Q21, showed a significant increase of $ 5.9 million over $ 900,000 in the first quarter. Lightning reported the sale of 37 ‘zero emission’ power transmission systems in Q2, an increase of more than 300% year-on-year.

Looking forward to it, Lightning has a significant order delay of more than 500% of its quarterly orders a year ago. The latest delays include power transmission system conversions, direct transmissions to customers and approximately 1,600 charging system units. Increased latency reflects customer demand for lightning products and services.

Looking at lightning, DA Davidson analyst David Schulzsky believes the success of the company’s supply is sustainable.

“ZEV is one of the few EV companies offering a real, compelling backlog today, and it looks good in 2022. Some investors may not like the idea of ​​using an existing ICE vehicle as an EV starting point, but the fact is that the ships are accustomed to brand name distributors, just like slides and major truck service providers. We remind them that cash is like green. ZEV is selecting different categories that others cannot touch. We believe there are a lot of fans here, ”Shiliski wrote.

Based on the above, Schlesky is offering a buy rating for ZEV, and its $ 17 price target is ~ 86% for next year. (To view Shiliskin’s record, Click here)

In all, the 6 most recent analysts’ reviews on this stock buy up to 5 per sale for a medium-term consortium. The average price of the shares is $ 13.20, which means an estimated 45% to 45% of the current stock price. (See ZEV stock analysis on TipRanks)

Green Power Engine (GP)

Last but not least, the Green Power engine, which specializes in electric commercial vehicles, especially buses. Green Power’s main product line includes buses for transportation systems and school districts, making it ideal for the EV concept as these vehicles tend to maintain short and medium-distance routes with easy access to their depot and charging stations. In addition, the company manufactures EV Star mid-duty truck cabs and chassis that can be customized for a variety of different trailers and van components.

At the end of August, he released the Green Power Best bus, a Type D, all electric zero-emission school bus. The vehicle was spotted at the Advanced Transport Expo in Long Beach, California. Two weeks later, a Vancouver-based company released its first BEAST School bus to Santa Maria Commonwealth High School District. The school district operates more than 30 buses, which opens the door to additional sales.

The Green Power 1Q22 budget expires on June 30, and the company reported the results in August. The report showed $ 2.7 million on the high line, up 17% year-over-year. Highlights of the quarter include the delivery of 21 EV Star Van to customers along the western coast of the USA and Canada.

Among the bulls, 5-star analyst Tate Sullivan, who rated the stock, posted a buy rating of $ 30, or a strong 12-month price of about 120%. (To see Sullivan’s record, Click here)

Noting Sullivan’s comments, he noted that the Green Power Company had a significant stockpile that would enable it to fill orders faster than its competitors.

“We believe that GP with a maximum revenue of $ 18.8 million from 6/30/21 and F2Q22 revenue (June 2021), $ 2.7 million GP will be able to deliver future customer orders faster and will be less vulnerable to disruption to the supply chain. EV’s business customers may continue to complete orders from time to time, and the availability of vehicles for immediate delivery may be a form of competitive advantage for the physician, in our view. “GPU’s’ stock of finished goods’ has increased by 159% q / q compared to the 25% q / q increase, ‘” Sullivan said.

Overall, this collection has a strong consensus rating rating based on 3 positive reviews in recent weeks. The shares traded at $ 13.80, with an average price target of $ 30.67, up 122% from next year. (See GP stock analysis on TipRanks)

To get a good idea for AV stock trading at attractive prices, buy TipRanks to buy a new launch tool that integrates all TipRanks equity insights.

Disclaimer: The comments made in this article are exclusively analyzed. The content is intended for informational purposes only. It is very important to do your own analysis before making any investment.