12 Best EV Stocks To Buy in 2025

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2. General Motors Company (NYSE:GM)

Number of Hedge Fund Holders: 68

General Motors Company (NYSE:GM) is an American multinational automobile manufacturer that is among the Best EV Stocks. The company has global reach and capabilities, and it is renowned for its Chevrolet, Buick, GMC, and Cadillac brands. The firm provides a diverse range of electric and gasoline-powered automobiles.

General Motors Company (NYSE:GM) is working to expand its EV offering and saw great success in 2024. In the fourth quarter of 2024, the business recorded a 21% rise in total sales year-on-year. Sales of electric vehicles surged by 50%, driving this boom. It reported a 125% surge in EV sales in 2024. This helped the firm double its EV market share over the year, with EV sales climbing steadily through 2024. In Q4, the firm sold 42,000 EVs, a 10,000 increase over Q3 and nearly double the sales in Q2.

The business is also incorporating new technology into its automobiles. In February 2025, General Motors Company (NYSE:GM) completed its acquisition of Cruise Holdings, which will become a wholly owned subsidiary of GM, focused on autonomous car technologies and improved driver-aid systems. It plans to integrate Cruise technology into Super Cruise, its hands-free driving assistance system.

Hotchkis & Wiley Large Cap Fundamental Value Fund stated the following regarding General Motors Company (NYSE:GM) in its Q4 2024 investor letter:

“General Motors Company (NYSE:GM) reported strong Q3 earnings results and improved free cash flow guidance. 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, we believe it is a strong free cash flow generator, and the management team is committed to repurchasing their undervalued shares.”

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