Electric vehicles are rapidly gaining popularity as consumers increase purchases.
Nio (NIO 0.25%) and BYD (BYDD.F -2.30%) (BYDDY -2.62%) are catching a powerful tailwind from growing electric vehicle (EV) sales. This video will answer which EV stock is the best one to buy.
*Stock prices used were the afternoon prices of Feb. 2, 2023. The video was published on Feb. 4, 2023.
Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends BYD and Nio. The Motley Fool has a disclosure policy.
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