Better Electric Vehicle (EV) Stock: Lucid Group vs. Rivian

From Nasdaq: 2025-06-15 07:45:00

Demand for electric vehicles is expected to surge globally, with significant growth projected in the U.S. for companies like Lucid Group (LCID) and Rivian Automotive (RIVN). Lucid Group is poised for faster growth than Rivian, with sales expected to increase by 73% this year and 96% in 2026. However, affordability and capital availability may hinder Lucid’s long-term growth compared to Rivian, which has nearly $4.7 billion in cash and positive gross margins. While Lucid is growing faster now, Rivian appears to be the better EV stock to own in the coming years.

Investing in Lucid Group may be risky due to potential capital constraints, while Rivian Automotive seems to have a more solid financial foundation and a clear path to launching mass-market vehicles. Consider diversifying your investment portfolio and exploring other top stock picks to maximize potential returns. Keep an eye on market trends and company developments to make informed investment decisions in the EV sector.



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