Best Electric Vehicle Stocks Worth Watching – September 27th

Tesla, NIO, and Rivian Automotive are the three Electric Vehicle stocks to watch today, according to MarketBeat’s stock screener tool. Electric vehicle (EV) stocks are shares of publicly traded companies that design, manufacture or supply components for battery-powered cars, trucks and charging infrastructure. Investors buy EV stocks to gain exposure to the rapid growth and technological innovation in the transportation sector as governments and consumers shift toward decarbonization. These equities can include legacy automakers expanding into electric models, pure-play EV startups, battery producers and charging-network operators. These companies had the highest dollar trading volume of any Electric Vehicle stocks within the last several days.

Tesla (TSLA)

Tesla, Inc. designs, develops, manufactures, leases, and sells electric vehicles, and energy generation and storage systems in the United States, China, and internationally. The company operates in two segments, Automotive, and Energy Generation and Storage. The Automotive segment offers electric vehicles, as well as sells automotive regulatory credits; and non-warranty after-sales vehicle, used vehicles, body shop and parts, supercharging, retail merchandise, and vehicle insurance services.

NIO (NIO)

NIO Inc. designs, manufactures, and sells electric vehicles in the People's Republic of China. The company is also involved in the manufacture of e-powertrain, battery packs, and components; and racing management, technology development, and sales and after-sales management activities. In addition, it offers power solutions for battery charging needs; and other value-added services.

Rivian Automotive (RIVN)

Rivian Automotive, Inc., together with its subsidiaries, designs, develops, manufactures, and sells electric vehicles and accessories. The company offers consumer vehicles, including a two-row, five-passenger pickup truck under the R1T brand, a three-row, seven-passenger sport utility vehicle under the R1S name.