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2 EV Stocks to Buy in March

TheMotleyFool 
0 0 05.03.26
2 EV Stocks to Buy in MarchPhoto, wide shot, wide-angle lens, Automotive service center, Midday, harsh overhead sunlight, directional sunlightt, photo by Ansel Adams: https://img.midjourneyapi.xyz/temp/c8dbaa5e-abdb-40ac-b919-ed80785b056a.png
 

The electric vehicle (EV) market expanded rapidly over the past decade. Still, its growth is gradually cooling as governments roll back subsidies, tariffs disrupt cross-border shipments, and macro headwinds throttle consumer spending. The fragmentation of the EV market has also made it more challenging for smaller and newer companies to scale their businesses.

That said, the global EV market is still growing. From 2025 to 2030, it could expand at a 32.5% CAGR, according to Grand View Research, as automakers launch cheaper and more power-efficient EVs. If you want to capitalize on that trend, you should consider investing in these two unloved but undervalued EV stocks: (NYSE: NIO) and Rivian (NASDAQ: RIVN).

Image source: Getty Images.

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Source Fool.com

NIO Inc. Stock

€3.91
-1.760%
We can see a decrease in the price for NIO Inc.. Compared to yesterday it has lost -€0.070 (-1.760%).

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