Biden’s Clean Energy Revolution Could Send These Stocks Soaring

There’s no denying that last year was an incredible year for electric vehicle stocks.

Elon Musk briefly took the crown of the richest man in the world thanks to Tesla’s shocking 750% climb…

While a Chinese competitor, Nio Inc., rose by a remarkable 1295% over the same amount of time.

While those who didn’t buy in on these two giants while they were cheap may feel that they’ve missed the rally…that couldn’t be further from the truth. 

The story is much larger, and there are other EV and EV-related stocks that continue to have tons of room to run. 

There are even stocks that are flying completely under Wall Street’s radar–and they could even see gains that exceed those of Tesla or Nio. 

Nothing screams the “next Tesla” like Fisker (NYSE:FSR), an EV maker that is betting on futuristic and fully recyclable materials, headed up by a legend in automotive design …

Or even a tech company creating its own green ecosystem like Facedrive (TSXV:FD; OTC:FDVRF), a leading Canadian startup that’s got several EV verticals, including its recent acquisition of Steer– a Washington, DC-based EV subscription company that is looking to upend the auto industry by completely transforming the notion of car ownership as we know it.

It would also be a good idea  to keep a close eye on infrastructure plays like Blink Charging (NASDAQ:BLNK), a new leader in EV charging equipment that’s got very long legs. 

Anything EV Is Golden Right Now

Yes, EVs are golden ….

Biden’s victory, a global clean energy push and the ongoing pandemic are the main drivers behind a $40-trillion energy transition of which electrified transportation will be the lion share. 

Yes, Tesla will continue to surprise the markets, and for short-sellers who lost $40 billion betting against the EV behemoth, it’s time to look for a new gig. 

Fisker, for example is much like a Tesla type EV maker: It’s working on fresh EV concepts, and has a legend behind the wheel in the form of Henrik Fisker. And don’t be fooled, it’s not just another EV SUV–it’s a vehicle constructed with recyclable parts, something that pleases activist investors and huge institutional funds that are looking for the next epic investment that could mimic Tesla.

Fisker isn’t going to start producing its famed Ocean SUV until 2023, with significant revenues coming in from advance orders not expected until late 2021. This may be a reason for Wall Street’s elite not to go long on Fisker, but may just be the perfect opportunity for investors to get in on the ground floor of what could become the next big EV producer. 

Next to Fisker, there’s Facedrive – one of the front-runners of Canada’s ‘Silicon Valley’—and another EV related success. We like the flagship carbon-offset ride-sharing and food delivery side their business, but we’re extremely excited about their recent acquisition of Steer. 

Why?

Because this isn’t just the start of the golden age of EVs … it’s the start of a completely different lifestyle. 

Facedrive’s  (TSXV:FD; OTC:FDVRF) added Steer to their growing list of acquisitions in September 2020, and we expect the news flow to increase over the next few months as two of the most innovative EV-linked tech companies combine their forces to upend car ownership in North America. 

Steer isn’t anything like your average car rental company (Hello Hertz). It offers consumers their own private EV showroom (virtual, of course), sporting on-demand EV delivery for consumers, offering a flexible alternative to car ownership. 

Steer users are able to drive the newest and hottest EVs on the market. The platform offers something for all budgets and tastes. Forget about the extra insurance – it’s all included in the price. No maintenance. No hassle whatsoever. It’s simply the most revolutionary app in on-demand EVs so far.

Facedrive stock has pulled back over the last few days after going on a bit of a tear. There appears to be support at this level and this could be a good entry point for new investors.

Exelon (NYSE:EXC), a $40B market cap energy giant is a strategic partner in Steer.

And with everyone switching to EVs … the next stock to watch is Blink Charging. This innovative company could turn out to be one of clearest emerging beneficiaries from the EV boom. 

The incoming Biden administration is looking to invest $2 trillion into renewables infrastructure, and nothing speaks to EV infrastructure right now like superchargers do. 

Blink operates, provides and owns EV charging equipment and networked EV charging services in the United States. The company has been one of the first in its field, and that’s why its share price has exploded 2,500% in 2020, and if you think the rally can’t go any further … consider the string of deals that the company has recently closed.

Each one of these innovative tech companies are set to ride the Tesla wave in a time where EVs are set to transform the world.

Fisker (NYSE:FSR) is a promising up-and-coming American electric vehicle company that looks to go head to head with some of the biggest names in the industry. While it hasn’t seen quite the attention other electric vehicle stocks have seen, it is an important company to watch. It’s unique in the industry because it boasts the most sustainable vehicle on the road: It’s not just electric… it’s also is made with some recycled materials. That’s a huge plus considering how much investors are focusing on sustainability these days.

While Fisker has underperformed on the market compared to NIO, Tesla, Xpeng or Li,…