Better EV Stock: QuantumScape vs. Rivian
Despite some recent headwinds, there are still plenty of reasons to be optimistic about electric vehicle stocks. For one, sales of EVs are making gains. Last year, a record 1.3 million EVs were sold in the U.S., up 7% from the previous year.
Not everyone will want to buy one, of course. But when you're shopping for a new vehicle, the more options, the better, and EVs give consumers a unique option that many have never tried before. But which companies will benefit as EVs continue to gain more market share?
Let's compare the automaker Rivian (NASDAQ: RIVN) and EV battery company QuantumScape (NYSE: QS) to find out.
Source Fool.com
