12 Best EV Battery Stocks to Buy in 2025

2) General Motors Company (NYSE:GM)

Number of Hedge Fund Holders: 64

General Motors Company (NYSE:GM) is a leading player in the EV battery business with the help of vertical integration, JVs, and next-gen battery technology development. Ultium Cells is a JV between General Motors Company (NYSE:GM) and LG Energy Solution which produces battery cells for EVs. General Motors Company (NYSE:GM) has signed a multi-year, multi-billion dollar agreement with Norway’s Vianode to provide the automaker with synthetic graphite anode materials for its EV batteries. This partnership is expected to enhance General Motors Company (NYSE:GM)’s supply chain stability, advance battery technology and reinforce its leadership in the broader EV industry.

General Motors Company (NYSE:GM) was able to grow its market share in Q4 2024 and it distanced itself from the broader industry’s pricing incentives and inventory pressures. Strong growth is expected in its battery business because of strategic investments in EVs, battery technologies and energy solutions. The company’s Ultium platform remains critical to its battery strategy. Furthermore, electric trucks and SUV sales are projected to increase, mainly in the US and China, which can create demand for significant amount of battery production capacity.

Hotchkis & Wiley Funds, an investment management company, released its Q3 2024 investor letter. Here is what the fund said:

“General Motors Company (NYSE:GM) is one of the world’s largest manufacturers of passenger vehicles. GM reported a strong Q2; however, management provided a cautious outlook for the second half of 2024. Comments from GM mirrored those of other OEMs and auto suppliers, leading investors to believe the automotive cycle has peaked. We believe this is an overreaction, and we continue to view GM as an attractive investment. We like GM for many reasons. First, we believe GM has leading market positions in its main business segments. Second, the valuation is extremely attractive. Finally, it is a strong free cash flow generator, and the management team is committed to repurchasing their undervalued shares.”