Electric vehicles are down due to supply side disruptions, Chinese lockdowns, and U.S. limits on chip sales, says Anthony Sassine. He discusses the outlook for electric vehicle stocks. He talks about how the Inflation Reduction Act will help lower E.V. costs for consumers. He then goes over Kraneshares E.V. & Future Mobility ETF (KARS), highlighting some of its top holdings which included Tesla (TSLA), Albemarle (ALB), Nio Inc. (NIO), Samsung (SSNLF), and Nidec (NJDCY). He also mentions why electric vehicle stocks have struggled, as well as the future of investing in electric vehicles. Tune in to find out more about the stock market today.
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