President Joe Biden just laid out his infrastructure plan… And he wants to spend a jaw-dropping $174 billion on boosting the electric vehicle market. 

That’s more than he wants to allocate to highway and bridge repairs! 

So it’s only natural that everyone’s asking me how Biden’s infrastructure plan benefits EVs

But as ambitious as his plan is, let’s not get too far ahead of ourselves. 

How Biden’s Infrastructure Plan Benefits EVs 

short GameStop for big profits Low-priced stocks to watch in 2021 software stocks setting up for big wins in 2021 small-cap stocks showing major upside gambling stocks to bet on in 2021 large-cap value stocks next-gen biometric stocks to watch growth stocks for 2021 short squeezing pot stocks tech stocks to watch in 2021 low-priced tech stocks 3D printing stocks for 2021 healthcare stocks to watch in 2021 small-cap stocks to watch in 2021 hidden gem small-cap stocks small-cap pot stocks to watch in 2021 Lucid Motors SPAC deal top tech stocks for 2021 VanEck Vectors Social Sentiment ETF semiconductor stocks to watch in 2021 profit from the stock market pullback back-to-normal stocks Goldman Sachs crypto trading desk back-to-normal stocks to watch in 2021 smaller growth stocks to target in 2021 profit from rising interest rates maximize your profits in 2021 Nike’s earnings report hotel stocks to target this spring GameStop’s earnings report stock market sector rotation strategies sector rotation strategy have pot and ev stocks fizzled out rotation into NFT stocks earnings reports to watch this week most shorted stocks the next GameStop Biden’s infrastructure plan benefits EVsBiden’s plan faces an uphill battle on Capitol Hill. Even before the reveal in Pittsburgh, Pennsylvania, Republicans have been voicing concerns about the proposal’s cost, and the corporate tax hikes needed to pay for it. 

The Biden administration wants to raise corporate taxes to 28% from 21%, set by former President Donald Trump’s 2017 tax law. 

That’s why we have to be cautious and not make moves that’ll come to bite us in the end. We have to select each electric vehicle stock individually instead of relying on the entire sector as a whole. 

In fact, numerous pot stock investors ignored that approach, and they’re still waiting for some of those penny stocks to recover. 

So I want to make sure we’re only putting our money into EV stocks that Biden’s infrastructure plan benefits. That’s especially important when investors and traders are rotating into less speculative names, and instead into stocks based on actual value. 

The best way to take advantage of an increase in electric vehicle growth is to invest in industrial companies that are just getting into the space right now instead of investing in beaten-down stocks like Tesla, which is highly speculative right now. 

The EV stocks Biden’s infrastructure plan benefits will not only see a boost because of the increase in demand in EVs, but also because they’re grounded in Industrials and basic Materials, which are both defensive sectors that are rising at the moment. 

So check out my video below to see how Biden’s infrastructure plan benefits EVs, and which two you might want to target now. Be sure to leave your thoughts in the comments section below.  

And as always, don’t forget to subscribe to my YouTube channel if you haven’t already so you can be notified as soon as I post my next video!