4 Electric Vehicle Stocks That Have Fallen Big

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.

  1. Tesla (TSLA +1.70%) is hitting multiple countries with both EV sedans and SUVs. In its most recent quarter (Q4 2020), it delivered 180,570 vehicles.
  2. NIU Technologies (NIU 12.60%) 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.
  3. NIO (NIO +3.84%), 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.
  4. Lucid Motors, which did a SPAC merger with Churchill Capital (CCIV +0.00%), is in the stages of delivering its first EV luxury sedan within the next year to the U.S. market.
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