In today's video, I talk about four electric vehicle (EV) stocks that have taken a considerable dip since the market correction. They are all hitting different markets and are in various stages of their business life.
- Tesla (TSLA -9.76%) is hitting multiple countries with both EV sedans and SUVs. In its most recent quarter (Q4 2020), it delivered 180,570 vehicles.
- NIU Technologies (NIU -5.77%) is mainly in China but expanding into other countries with its EV scooters. In its most recent quarter (Q4 2020), it sold 150,465 scooters.
- NIO (NIO -4.98%), similar to NIU, is mainly in the China market with its EV SUVs and new sedan model. In its most recent quarter (Q4 2020), it delivered 17,353 vehicles.
- Lucid Motors, which did a SPAC merger with Churchill Capital (CCIV), is in the stages of delivering its first EV luxury sedan within the next year to the U.S. market.