Vroom! 3 EV Stocks With the Potential to Outrun the Competition.
VRMVroom(VRM) Investor Place·2024-07-01 18:00

Electric vehicles are in the news again but this time for a positive reason. In news that broke earlier in the week, German automotive giant Volkswagen (OTCMKTS:VWAGY) will invest up to $5 billion into Rivian Automotive (NASDAQ:RIVN). The influx should help Rivian produce its modestly priced (relatively speaking) vehicles. It also opens the door for other EV stocks to buy. I’m not entirely convinced that Rivian would be the best beneficiary of the Volkswagen deal. Sure, it sounds great on paper. However, th ...