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Market Update

Steer Clear of Electric Vehicle Startups?

SPACs and other new companies may not be the best way to capitalize on growing EV adoption.

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Electric vehicles are poised for massive growth over the next decade, but that doesn't mean that every EV startup is a safe investment. Investors should weigh the risks of buying into new companies in the space.

Margaret Giles does not own (actual or beneficial) shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.