Here's Why EV Penny Stock Ideanomics Jumped Last Week
The acceleration in adoption is also likely to help less known EV companies to gain more traction and attract higher investors’ attention.
Apr 26th, 2021
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The global car market has likely witnessed an acceleration in the adoption of electric vehicles (EV) worldwide after a range of traditional carmakers, such as General Motors, Ford, Volkswagen, Daimler, BMW, and others, announced plans to ramp up the production of EVs.
The acceleration in adoption is also likely to help less known EV companies to gain more traction and attract higher investors’ attention. In this space, companies, such as Ideanomics (NASDAQ: IDEX), have emerged to position themselves as one of the key EV penny stocks to watch in the coming months.