3 Mid-Cap Global Battery Manufacturer Stocks

Investing in batteries is an easily understood thesis. Electric cars use batteries, and today you see loads of them driving around. Tesla doesn’t just use their own batteries, they also buy them from other manufacturers such as Panasonic and LG Chem. Then, there are all the drones you see flying around, the smartphones in everyone’s pockets, and all the gadgetry nowadays that relies on the humble lithium-ion battery. Battery manufacturers stand to benefit from the growing demand for lithium batteries, so these are companies we may want to invest in.

We’ve talked before about how Investing in Lithium Hasn’t Panned Out. Yet. Trying to invest in the raw material itself – lithium – is tricky. Instead, perhaps we can invest in battery manufacturers themselves. Today, we want to look at three global companies that manufacture batteries as their primary mandate.

3 Battery Manufacturers

The Global X Lithium ETF (LIT) contains a mix of names that have something to do with lithium or lithium batteries. In there, you’ll find three mid-cap battery manufacturers from around the globe.

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