Top Electric Vehicle Stocks To Consider - August 20th

Key Points

• The article highlights **five key electric vehicle stocks** to watch, including **Tesla**, **Baidu**, **Rivian**, **NIO**, and **Shell**, each with significant trading volume recently.
• Investing in these stocks provides exposure to the **growing EV market**, driven by **technological advances** and **shifting consumer preferences**, alongside fluctuating share prices influenced by government incentives and adoption rates.
• Tesla is noted for its **two-segment operations** focusing on **automotive** and **energy generation and storage**, indicating a diversified approach in the electric vehicle sector.

Tesla, Baidu, Rivian Automotive, NIO, and Shell 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 that develop, manufacture or supply components for electric vehicles, batteries and charging infrastructure. Investing in these stocks gives exposure to the growth potential of the EV market, which is driven by technological advances, environmental regulations and shifting consumer preferences. Their share prices fluctuate based on factors like adoption rates, government incentives and competitive dynamics. 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

Baidu (BIDU)

Baidu, Inc. engages in the provision of internet search services in China. It operates through two segments: Baidu Core and iQIYI. The company offers Baidu App to access search, feed, and other services using mobile devices; Baidu Search to access its search and other services; Baidu Feed that provides users with personalized timeline based on their demographics and interests; Baidu Health that helps users to find the doctor and hospital for healthcare needs; and Haokan, a short video app.

Read Our Latest Research Report on BIDU

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

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

Shell (SHEL)

Shell plc operates as an energy and petrochemical company Europe, Asia, Oceania, Africa, the United States, and Rest of the Americas. The company operates through Integrated Gas, Upstream, Marketing, Chemicals and Products, and Renewables and Energy Solutions segments. It explores for and extracts crude oil, natural gas, and natural gas liquids; markets and transports oil and gas; produces gas-to-liquids fuels and other products; and operates upstream and midstream infrastructure to deliver gas to market.

Read Our Latest Research Report on SHEL

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