CNBC Pro

Goldman Sachs names 6 EV battery stocks to watch beyond Tesla

Share
A MEB battery system of an electric car Volkswagen ID.3 is installed in the VW plant Salzgitter.
Julian Stratenschulte | picture alliance | Getty Images

The future of electric vehicles is going to be dictated by the firms who are trying to improve the batteries that power them, according to Goldman Sachs analysts.

While Tesla is arguably the go-to stock for investors who want to back EVs, Goldman analysts believe there's money to be made on companies working on niche battery technologies.

These firms, the investment bank says, are particularly well placed to make breakthroughs in the current lithium ion batteries, and the next generation of all solid-state batteries, or ASSBs.

Here's the full list:

More In Street Calls

CNBC ProGoldman says to buy these 8 stocks ahead of a semiconductor boom
CNBC ProChina's Robinhood rivals are set for massive stock market gains on global expansion
CNBC ProHere are Thursday's biggest analyst calls of the day: Netflix, UPS, Coinbase, Nvidia, Hershey & more