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Rating The 3 Electric Vehicle Stocks That Pay Dividends

Electric Vehicle Stocks

Electric vehicle (EV) stocks have been among the most popular investment options for investors over the last few years. The industry performed extremely well on the back of a higher global EV adoption rate. Approximately 9% of global car sales were EVs in 2021, up from 4.1% in 2020 and 2.5% in 2019. This makes EV stocks a good investment for value investors to look into.

As the EV industry is still young and growing, most of the pure-play companies do not pay dividends. Hence, income-seeking investors should look to invest in original equipment manufacturers that are making a major shift toward EVs.

Let’s take a look at these three EV companies from a value investor’s standpoint…

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