7 Cheap Lithium Stocks to Buy for Big Upside Investors watched electric vehicle (EV) stocks rise monumentally through the pandemic only to taper off as the realities facing the sector continue to take shape. Slump considered, it’s fair to conclude that electric vehicles are here to stay — as well as the cheap lithium stocks whose products are key to EV manufacturing. In fact, a recent statistic points to the fact that EVs now comprise more than 5% of the automotive market share. That’s an important number because to many, it represents something of a tipping point. That means EVs are likely to be a permanent fixture in the automotive industry regardless of individual opinion. That brings us to lithium, a dominant material in the manufacturing of electric vehicles. Given that EVs are here to stay, lithium stocks are pick-and-shovel investments worth considering. Let’s jump into the equities in the sector that have upside and strong market positions. LAC Lithium Americas Company $28.72 SLI Standard Lithium $5.90 ALB Albemarle $246.