Beyond Rivian: 3 Top EV Stocks Ready for a Bull Run
It's deja vu all over again for stocks in the electric vehicle (EV) sector. After Rivian Automotive went public just over a week ago, its shares skyrocketed. And other names, like fellow start-up Lucid Group, haven't been far behind.
Rivian raised $12 billion in its initial public offering (IPO), setting itself up to begin its quest to become an EV giant. Lucid, similarly, has a flush balance sheet, as it is just now beginning to deliver its first vehicles to customers. But the recent stock surges for these two names have come from investments based on hopes and plans. The three EV stocks below have much promise too, but there are also more concrete reasons to think these names could be ready for a bull run.
Image source: Nio.
Source Fool.com
