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Electric Vehicle Stocks To Follow Today - October 1st

Tesla logo with Auto/Tires/Trucks background

Key Points

  • MarketBeat identifies Tesla, QuantumScape, Chijet Motor, NIO, and Rivian Automotive as key electric vehicle stocks to track, given their high trading volumes.
  • Electric vehicle stocks are subject to volatility due to factors like innovation cycles, policy shifts, and commodity prices, which differs from traditional automotive shares.
  • Each company in the spotlight focuses on different aspects of the electric vehicle market, ranging from manufacturing to battery technology and charging solutions.
  • MarketBeat previews the top five stocks to own by November 1st.

Tesla, QuantumScape, Chijet Motor, NIO, and Rivian Automotive are the five Electric Vehicle stocks to watch today, according to MarketBeat's stock screener tool. Electric vehicle stocks are shares of publicly traded companies involved in the design, manufacture or support of battery-powered automobiles, including automakers, battery producers and charging-infrastructure providers. These equities give investors exposure to a rapidly growing sector driven by environmental regulations, advances in battery technology and shifting consumer demand. Because the EV market is shaped by innovation cycles, policy changes and commodity costs, EV stocks can be more volatile than traditional auto shares. These companies had the highest dollar trading volume of any Electric Vehicle stocks within the last several days.

Tesla (TSLA)

Tesla, Inc. designs, develops, manufactures, leases, and sells electric vehicles, and energy generation and storage systems in the United States, China, and internationally. The company operates in two segments, Automotive, and Energy Generation and Storage. The Automotive segment offers electric vehicles, as well as sells automotive regulatory credits; and non-warranty after-sales vehicle, used vehicles, body shop and parts, supercharging, retail merchandise, and vehicle insurance services.

Read Our Latest Research Report on TSLA

QuantumScape (QS)

QuantumScape Corporation, a research and development stage company, focuses on the development and commercialization of solid-state lithium-metal batteries for electric vehicles and other applications. The company was founded in 2010 and is headquartered in San Jose, California.

Read Our Latest Research Report on QS

Chijet Motor (CJET)

Chijet Motor Company, Inc. engages in the research and development, production, and sale of new energy vehicles. It offers battery electric vehicles, plug-in hybrid electric vehicles, and fuel cell electric vehicles. The company was founded in 2021 and is based in Grand Cayman, the Cayman Islands.

Read Our Latest Research Report on CJET

NIO (NIO)

NIO Inc. designs, manufactures, and sells electric vehicles in the People's Republic of China. The company is also involved in the manufacture of e-powertrain, battery packs, and components; and racing management, technology development, and sales and after-sales management activities. In addition, it offers power solutions for battery charging needs; and other value-added services.

Read Our Latest Research Report on NIO

Rivian Automotive (RIVN)

Rivian Automotive, Inc., together with its subsidiaries, designs, develops, manufactures, and sells electric vehicles and accessories. The company offers consumer vehicles, including a two-row, five-passenger pickup truck under the R1T brand, a three-row, seven-passenger sport utility vehicle under the R1S name.

Read Our Latest Research Report on RIVN

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This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

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