Mississauga, ON -- (SBWIRE) -- 10/21/2020 -- AllPennyStocks.com Media, Inc. (https://www.AllPennyStocks.com/) announces its latest article titled "Haven't Invested in the EV Renaissance Yet? Here's a Cool Way In."
Companies mentioned in this article include NIO Inc. (NYSE:NIO), Tesla (NASDAQ:TSLA), KULR Technology Group, Inc. (OTCQB:KULR), Boeing (NYSE:BA), Lockheed Martin (NYSE:LMT) and Airbus (OTC:EADSY).
Article Excerpt:
In March, shares of Chinese electric vehicle maker NIO Inc. (NYSE:NIO) slumped to a low of $2.11, as interest for EVs was threatened amid the coronavirus pandemic. It wasn't just NIO that languished, shares of Tesla (NASDAQ:TSLA) dropped to $70.10 from $193 about a month earlier. The fear didn't last long and EV stocks soared back, including NIO ballooning to $29.40 last week and Tesla cruising to a record high at $502 in August.
The reason these stocks won't stay down is elementary: EVs are going to be mainstream in the coming decades; make no mistake about it. In major cities, Teslas are becoming a commonplace on roadways already, with more than 367,000 sold in 2019 and about 180,000 sold in the first half of 2020 despite the climate of the COVID-19 economy.
The full version of this article can be found at: https://www.allpennystocks.com/specialreportsus/2433/havent-invested-in-the-ev-renaissance-yet-heres-a-cool-way-in
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Note: AllPennyStocks.com has been compensated thirty-one thousand five hundred dollars by the company for its efforts in presenting the KULR profile on its web site and distributing it to its database of subscribers as well as other services. For a complete disclaimer, investors are encouraged to click here: https://www.allpennystocks.com/spotlight/60/KULR-Technology-Group-Inc.