The 7 Best Lithium Stocks to Buy Now The lithium craze has reached new heights, with prices for the element skyrocketing more than 400% in the past couple of years. Electric vehicle (EV) sales are on an upswing, and investors have flocked to companies that produce them as their investment of choice. Lithium batteries are critical for the proliferation of EVs, which is why investors have gravitated toward the best lithium stocks to buy. With the increasing demand for lithium-ion batteries as well as energy storage systems that save power from being lost during distribution, some estimates point to a doubling of this mineral in the next few years. The U.S., through its Infrastructure Investment and Jobs Act, set aside $5 billion in federal funding for EV charging stations. The goal is to get EVs to account for 50% of new auto sales by the conclusion of this decade. Best Lithium Stocks: Lithium Americas (LAC) Source: Wirestock Creators | Shutterstock.com Lithium Americas (NYSE: LAC ) is a lithium mining startup that is currently in the pre-revenue stage.