I don't know if you've heard this already or not, but analysts at Swiss Bank and UBS think electric vehicles could take up 100% of the automotive market by 2040.
But because batteries are the biggest expense for electric vehicles, automakers must maintain supplies and effectiveness to ensure the takeover won't be jeopardized. And as a result, analysts at UBS predict a supply shortage.
If you think UBS is the only one, you've got another thing coming…
Goldman Sachs analysts also say global demand for electric car batteries could multiply by 30 times in the next 20 years. So I've decided to put a short list together of my favorite EV battery stocks for 2021 that have the potential to double, triple or maybe go up five times because there's a major demand for lithium with such little supply.
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