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Major battery producers are investing heavily to meet rising EV battery demand. Meanwhile, battery technology start-ups (some of which are going public via special purpose acquisition company mergers) are developing new energy storage systems that could revolutionize the industry. It's an exciting time to consider investing in EV battery stocks.

Auto sales’ cyclicality matters to investors because:

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Suzanne Frey, an executive at Alphabet, is a member of The Motley Fool’s board of directors. Scott Levine has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Alphabet, Garmin, Nvidia, Tesla, and Uber Technologies. The Motley Fool recommends General Motors and ON Semiconductor and recommends the following options: long January 2025 $25 calls on General Motors. The Motley Fool has a disclosure policy.

How to Invest in Electric Vehicle (EV) Stocks in India? For further details https://financial-equity.com/investment/invest-in-stocks/how-to-invest-in-elecrtic-car-stocks/ Sales of new cars

Revenue is a business’s gross income or the amount of money it brings in from regular operations before costs are considered.

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Investing in EV stocks aligns with growing consumer and corporate emphasis on sustainability. By supporting the growth of the EV market, investors contribute to the reduction of greenhouse gas emissions and pollution, aligning their portfolios with global sustainability goals.

The company has a market capitalisation of Rs. 28,765.18 cr., with a closing price of Rs. 1,571.65. The PE ratio stands at 30.79, and the stock has delivered a 1-yr return of 151.16%.

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