It appears the the EV (electrical vehicle) wave is building here in the U.S. New data from Experian Automotive, the data collection company’s auto data arm, is showing new auto registrations for EVs have jumped 60% from a year ago in the first quarter, and have hit an all-time high of 4.6% of the overall market.
Investors need to pay close attention to Ford (F) stock based on the movements in the options market lately.
Supply chain issues have dented Ford's (NYSE: F) exterior, but strong demand for its trucks and electric vehicles could be setting the stage for unexpected growth for one of the world's oldest automakers. Ford's stock had a stellar 2021. Shares rose 140%, partly thanks to investor enthusiasm for Ford's new direction under President and CEO Jim Farley, who's focusing on electric vehicles and investing in new technologies like batteries, software, and semiconductors.