Better Buy: Lucid vs. Nio
Rivian Automotive (NASDAQ: RIVN) has taken the stock market by storm as investors flock to electric vehicle (EV) companies in search of growth. Yet as hot as Rivian is, it's important to remember that there are other, more proven EV companies making a name for themselves in this exciting industry.
Here, we'll compare luxury sedan automaker, Lucid Group (NASDAQ: LCID) and electric sedan and SUV maker, Nio (NYSE: NIO) to determine which is the better buy now.
Image source: Getty Images.
Source Fool.com
