In today’s video, I talk about 4 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 in their business life.
- Tesla (NASDAQ:TSLA) is hitting multiple countries with both EV Sedans and SUVs. In its most recent quarter (Q4 2020), its delivered 180,570 vehicles.
- NIU Technologies (NASDAQ:NIU) 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 Inc. (NYSE:NIO) 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 (NYSE:CCIV) Lucid Motors is in the stages of delivering its first EV luxurious sedan within the next year to the U.S. Market.
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