Better Buy Now: Rivian vs. Ford
While many electric vehicle (EV) makers have aspirations for an electric truck (*cough* Tesla *cough*), only two have electric trucks in production: Rivian (NASDAQ: RIVN) and, as of April 26, Ford (NYSE: F). In the U.S., trucks are the most popular vehicles, with the Ford F150, Ram 1500, and Chevy Silverado 1500 consistently topping the list of best-selling vehicles year in and year out.
With the move toward EVs picking up pace, intelligent investors should look into electric truck manufacturers to see which one will lead the market. With these three vehicles selling 1.8 million units combined last year, there's a vast market available. Of the two companies with trucks in production, which is the better buy?
F-150 Lightning. Image source: Ford.
Source Fool.com
