Electric vehicle (EV) manufacturers have the potential to be solid long-term investment options, given the worldwide transition toward clean energy solutions. While the retail EV market has attracted multiple contenders, the commercial segment remains largely untouched, with only a handful of players.
One Canada-based commercial EV manufacturer is GreenPower Motor (GP), a micro-cap stock valued at just $74.35 million. Despite a recent industry-wide pullback, GP is up 60% year-to-date, outperforming most other EV stocks - and the shares still have significant upside potential, according to Wall Street consensus estimates.
