The transformation of the world's vehicle fleet to being powered by electricity is one of today's biggest growth trends. In 2021, sales of new light-duty fully electric vehicles (EVs) nearly doubled in the United States from the prior year, while overall light-duty vehicle sales increased by only 3%, according to government figures. International EV growth was also strong. 

The great news for investors is that this secular trend is still in its early stages. The percentage of the world's light-duty vehicles on the road that are all-electric or plug-in hybrids is still very low. At the end of 2021, this figure was less than 2%. 

Tesla was instrumental in ushering in the EV revolution and still has a potentially long runway for growth. Investors also have many other options to gain exposure to this space. Two stocks that have strong long-term growth potential are those of lithium producer Albemarle (NYSE: ALB) and EV maker Rivian Automotive (NASDAQ: RIVN).

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Source Fool.com