one evrelated exchangetraded fund just had its best week in nearly a year and also outperformed in january – soaring 2066 the global x lithium  battery tech etf was up nearly 8 last week – its best week since march 2022 according to cnbc analysis it also marked the funds fourth straight weekly gain thats a turnaround from its roughly30 loss in 2022 ev makers in the etf such as tesla  byd and lucid  led the gains this year jumping 40 27 and 71 respectively in january lithium and ev battery producers such as albemarle and catl  also did well soaring 30 and 18 respectively lithium is a critical component of electric vehicle batteries automakers have been in the spotlight this month with tesla slashing prices to boost demand and ford following suit  analysts say teslas price cuts could spur an ev pricing war  using factset cnbc pro screened the global x lithium  battery tech etf for stocks that analysts say have potential upside of at least 10 on average and buy ratings from over 40 of analysts covering them these 10 stocks turned up on the screen ev makers rivian  lucid and tesla made the list analysts give all three significant potential upside according to factset rivian shares are seen rising by 100 over the next 12 months on average while tesla has 13 upside and lucid has 18 potential upside according to analysts lucid shares have already jumped over 70 so far this year on friday alone it surged 43 amid market speculation that saudis public investment fund wanted to buy out the company bank of america in a jan 30 note said that lucid is one of the most attractive among the universe of startup electric vehicle ev automakers and also a relative competitive threat we believe lcid currently has more pieces of the puzzle in place and in process than most of its peers which steered by a management team with impressive experience should push the company more successfully from concept to commercialization said the banks analysts analysts are also bullish on warren buffettbacked chinese ev maker byd giving it 36 upside potential over 75 have a buy rating on the stock which has already climbed 27 in january battery makers freyr and enovix corporation stood out for having the biggest potential upside at 108 and 285 respectively both are also popular among analysts with enovix the only company on the list to have a 100 buy rating from analysts goldman in a recent note said that uslisted freyr has the biggest upside potential among evrelated stocks after the company announced plans to expand in the us cnbcs michael bloom contributed to this report