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2 EV Penny Stocks For Your Consideration
In the crowded electric vehicle sector there are still some smaller companies hoping to make it big
The electric vehicle market has acted as a veritable gold rush with investors over the past couple of years. Those looking to stake their place in the space have scrambled to identify who they believe will be the long-term winners in what is currently a wild west atmosphere where companies are popping up left and right to claim their piece of the pie. As favorites have emerged, it’s become more difficult to find prospects with lower market caps but higher end expectations. However, here are two EV penny stocks for your consideration that are still attracting plenty of attention.
According to the Mullen website:
“Mullen Technologies Inc was incorporated by CEO David Michery in 2014 as a successor company from the acquisition of CODA Automotive and Mullen Motor Cars.
“CODA Automotive: Founded in 2009, the award winning company’s all-electric sedan came with a range of 88 mi (142 km), the longest among its class at the time. At one point, CODA was one of the only two certified EV companies selling EVs across the US; the other company being Tesla. CODA was focused on accelerating the…