(CNBC)
- Ives said he expects the electric vehicle industry to grow into a $5 trillion market over the next decade.
- In 2020, market research firm Fortune Business Insights valued the EV market at around $250 billion.
- “In my opinion EV stocks could be up another 40- 50% this year, given what we’re seeing in terms of a green tidal wave globally,” said Wedbush analyst Daniel Ives.
