Estimates project that nearly two out of three cars sold in 2030 will be an electric vehicle (EV). Such big demand will create a valuable opportunity for companies looking to boost adoption and capture market share.

One of those companies is up-and-coming start-up Rivian Automotive (NASDAQ: RIVN). With vehicles catered toward outdoor enthusiasts and businesses needing commercial vans, Rivian is tapping into demand that other automakers have yet to address fully. Riding the coattails of EV adoption, Rivian offers plenty of potential for investors.

But do the risks outweigh the benefits? Before making that decision and adding it to your portfolio, here are three things you must know.

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Source Fool.com