HomeLifestyleRising demand for EV will give 'wings' to the stocks of battery...

Rising demand for EV will give ‘wings’ to the stocks of battery makers, know which stock can become a multibagger

Sales of electric vehicles have doubled in the last 3 years. While 69,012 electric vehicles were plying on India’s roads in 2017-18, the number crossed 200,000 in 2020-21. Due to this EV boom in India, the shares of many battery making companies can jump. According to a report in Live Mint, India currently imports a major part of lithium-ion batteries from China. But, this situation may change in the coming time.



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