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2 Top EV Stocks Ready for a Bull Run

TheMotleyFool

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Global electric car sales more than doubled last year, and their share rose to 9% of the total car sales for the year. In the U.S., electric cars accounted for 4.5% of the total car sales in 2021. So, although the share of electric car sales is rising, they still constitute a small portion of total car sales, offering immense growth potential in the coming years.

Let's look at two top electric vehicle (EV) stocks -- Lucid Group (NASDAQ: LCID) and Rivian (NASDAQ: RIVN) -- that look set to benefit from the expected growth in EVs.

Markets are clearly in the correction territory. The S&P 500 Index has corrected 13%, while the Nasdaq Composite Index is down 21.3% year to date, as of this writing.

Source Fool.com

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