2 Electric Vehicle Stocks With Something to Prove

From Nasdaq: 2025-04-26 06:25:00

Investors in Rivian Automotive (NASDAQ: RIVN) and Nio (NYSE: NIO) have seen ups and downs. Rivian achieved $170 million in gross profit, surpassing estimates, but heavily relied on regulatory credit sales. Nio’s Q4 deliveries increased, but revenue growth was lower due to China’s price war impact. Rivian aims for positive gross profit in 2025, while Nio anticipates growth from new brands. Both companies face challenges on the road to profitability. Analysts believe Rivian may not reach positive gross profit until 2027. Investors await future developments to see if these EV makers can prove themselves.



Read more at Nasdaq: 2 Electric Vehicle Stocks With Something to Prove