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EV sales are growing significantly worldwide.
Fool.com contributor and finance professor Parkev Tatevosian considers Nio (NIO 5.48%) and Rivian (RIVN -3.74%) to answer which of the electric vehicle stocks is the better buy right now.
*Stock prices used were the afternoon prices of June 12, 2023. The video was published on June 14, 2023.
A Fool since 2019, and a graduate of Cal State LA with a B.S. in Finance and M.A. in Economics. Parkev is an adjunct professor of Finance and enjoys reading about financial and economic history. You'll often find him writing about stocks in the consumer goods and technology sectors.
Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Nio. The Motley Fool has a disclosure policy.
Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.
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*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.
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