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Lotus Technology Inc. (NASDAQ:LOT), with a market capitalization of $1.25 billion, is highlighted as one of the best small-cap EV stocks, having shown significant growth in 2024 with a 74% increase in unit deliveries and a 36% rise in revenue. While the overall EV market is growing, automakers like Cadillac are adjusting their strategies due to slower-than-expected consumer adoption. Despite its promising performance, Lotus ranks 12th on the list of small-cap EV stocks, as the article suggests that some AI stocks may provide even better investment opportunities.
Source: YAHOO