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In an effort to tackle climate change and carbon emissions, President Biden has included provisions for clean energy in his proposed infrastructure bill. His administration also announced the goal to make up electric vehicle sales to be 50% of total car sales by 2030. This should benefit EV battery stocks ENS and MVST. The global electric vehicle battery market is expected to grow at 6.6% CAGR and reach $82.20 billion by 2027.
While MVST lost 10.3% over the past month, ENS lost 13.6%. But which of these stocks is a better pick now? Let’s find out.
