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StockNews.com
StockNews.com
Business
Aanchal Sugandh

2 Auto Stocks to Buy in December and 2 to Avoid

The automotive industry is gearing up for massive growth in upcoming years, driven by increased digital integration and rapid adoption of clean and sustainable technologies. Demand for electric automobiles is on the rise as a result.

According to Motor Intelligence data, Americans bought about 724,000 electric vehicles (EVs) in the first eleven months of 2022, while 326,000 EVs were purchased in 2019.

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