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EV stock to buy that actually has real revenue and products is XL stock. XL Fleet is a new contender to the EV sector. This hot EV stock has already exploded and ran 57% since it’s SPAC merger. Question is, XL fleet stock overvalued or just beginning? EV stocks have obviously made a major splash this year, all of which are chasing Tesla. Hybrids are a great short term option until full EV is more readily available for commercial use. Ev stocks are still the best stocks to buy. Also going into 2021 EV stocks are going to continue to get even hotter.
XL Hybrids, Inc. develops and manufactures hybrid electric solutions for the commercial vehicle market. It offers vehicle platforms, such as XL3, a hybrid electric drive system that installs onto original equipment manufacturer powertrains; and XL Link cloud-based big data analytics system that measures key performance indicators, including MPG performance and reports carbon dioxide emissions reductions in clients’ hybrid-electric fleet vehicles. The company’s hybrid electric powertrains are used in cars, cargo vans, commercial vans, shuttles, box trucks, and delivery vans. It serves national, transportation, municipal, and utility fleets. XL Hybrids, Inc. was formerly known as Entergem Ventures LLC and changed its name to XL Hybrids, Inc. in January 2009. The company was incorporated in 2008 and is based in Brighton, Massachusetts.
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*Disclaimer: These videos are for educational purposes only. Everything is my opinion.I am not a financial advisor*