High energy prices have pushed petrol and diesel costs higher across Europe, putting old style combustion engines under pressure and keeping attention on cleaner transport. Electric vehicle related stocks sit at the crossroads of that shift, from carmakers to battery suppliers. For investors, this corner of the market offers direct exposure to that change. This article highlights three EV focused stocks from our screener that are worth a closer look.
The three EV focused stocks below are just a starting sample, with the full screen surfacing 6 more companies that carry equally compelling electric vehicle and battery narratives that are not covered in this article.
To size up that broader field quickly, head straight into the EV Stocks screener to identify, filter, and analyze potential high conviction opportunities aligned with your own view on the EV theme.
Rivian Automotive (RIVN)
Overview: Rivian Automotive designs and builds electric pickup trucks, SUVs, and commercial vans, alongside charging hardware and software services built around those vehicles.
Operations: Rivian Automotive generates about US$4.0b from its Automotive segment and US$1.9b from Software and Services offerings.
Market Cap: US$16.9b
Rivian Automotive matters for this EV Stocks screener because it is not just selling electric trucks and SUVs; it is trying to scale a full battery-electric platform that ties vehicles, charging, and software into one package for both consumers and fleets.
"The planned ramp to a second shift at the Illinois plant and a longer term target of roughly 4,000 R2 units per week, alongside an eventual 300,000 unit facility in Georgia, point to rising installed production capacity that can spread fixed costs over more vehicles and improve gross margins and earnings as volumes build."
What ultimately happens to margins and cash needs hinges on how one ambitious software and services bet plays out over that manufacturing ramp.
That bet is where the real story starts, and the full narrative for Rivian Automotive unpacks how Rivian Automotive’s software ambitions, funding options, and production plans could either accelerate or stall the whole equation.
EnerSys (ENS)
Overview: EnerSys supplies industrial batteries and integrated power systems for electric forklifts, material handling fleets, Class 8 trucks, data centers, telecoms, utilities, and defense customers.
Operations: EnerSys reports total segment adjusted revenue of about US$3.8b, spanning industrial mobility, network infrastructure, and precision power solutions worldwide.
Market Cap: US$6.3b
EnerSys gives this EV Stocks screener a different angle on electrification by providing batteries and systems for electric forklifts, warehouse fleets, and heavy trucks, while the rest of the business is tied to broader energy storage demand.
"Ongoing growth in AI driven data center loads and concerns about grid reliability are supporting increased adoption of EnerSys backup and energy storage systems, which can add to revenue and support earnings as more of the installed base enters replacement cycles."
What happens to margins and cash generation if one large capital project does not deliver the efficiency and product mix shift that management expects?
If that risk-reward trade off on execution is what you care about, the full narrative for EnerSys explains how EnerSys could potentially turn volatile projects into accelerating cash power.
Littelfuse (LFUS)
Overview: Littelfuse supplies protection, control, and power components for electronics, industrial systems, and transportation, with EV focused fuses and modules safeguarding high voltage batteries and charging.
Operations: Littelfuse generates about US$1.47b from Electronics, US$688 million from Transportation, and US$455 million from Industrial solutions worldwide.
Market Cap: US$9.7b
Littelfuse matters for the EV Stocks screener because its high voltage fuses, battery protectors, and power modules help keep electric drivetrains and charging hardware safe when currents surge and systems run at full load.
"Expanding adoption of high voltage architectures in data centers, grid and transportation applications is expected to increase Littelfuse content per system, with management targeting a 25 to 30% data center revenue CAGR over five years and citing 2 to 4 times higher content in future high voltage systems, which can support revenue growth and earnings."
What happens to Littelfuse valuation if one quiet shift in how it prices and mixes these higher value protection products changes margin momentum?
That quiet shift is exactly where the full narrative for Littelfuse reveals how Littelfuse pricing power, product mix and EV content potential could be masking a much stronger earnings story.
Curious About What You Might Be Missing?
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