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The EV market is expected to grow at a 33.6% CAGR from 2020 to $2.49 trillion by 2027.
The U.S.’ recently approved $1 trillion infrastructure bill allocates approximately $7.50 billion to the EV industry. As such, Wall Street analysts expect Popular EV stocks Hyzon Motors Inc. (HYZN) and Electric Last Mile Solutions, Inc. (ELMS) to rally by more than 100% in price.
