A great original equipment manufacturer (OEM) in the electric vehicle (EV) space that doesn’t get the attention it deserves is Lightning eMotors Inc (NYSE:ZEV). The company produces zero-emission medium-duty and specialty vehicles—as well as powertrains and other technologies—for commercial fleets.
Most investors probably aren’t familiar with ZEV stock because it only began trading on the New York Stock Exchange in May 2021. Lightning eMotors Inc has been around since 2009, though, and it has been deploying complete zero-emission-vehicle solutions for commercial fleets since 2018.
And while Lightning eMotors stock hasn’t been attracting much attention from investors—its price has been static year-to-date and is down by 44% year-over-year—there’s a lot of reason to be excited about ZEV stock for the long term.
The post Lightning eMotors Stock: Ignored EV Stock Could More Than Double originally appeared at Profit Confidential.