Is Neo Performance Materials a beneficiary of the transition to EVs?

Open this photo in gallery: An electric vehicle charging station in London, Ohio, on Dec. 11, 2023.MADDIE MCGARVEY/The New York Times News Service Most investors and politicians are aware that the transition to electric vehicles will require huge investments in battery technology and infrastructure. As a result, any corporate press release that includes the words lithium, cadmium and batteries in the same paragraph will almost certainly result in a boost to the stock price and an offer of financing from three levels of government. But, EVs also require traction motors to move them and this, too, represents a huge potential…