Rivian has rolled out hands-free, eyes-on highway driving in its latest vehicles, marking the beginning of its autonomy push. It aims to move toward full hands-free, eyes-off driving and urban autonomy, enhancing its product appeal. In the first quarter of 2025, Rivian posted a positive gross margin for the second time, an important milestone that unlocked a $1 billion investment from Volkswagen under their newly formed joint venture. The partnership focuses on co-developing Rivian’s next-gen software and electrical architecture, starting with the R2. This collaboration will help speed up development while giving Rivian the scale and support needed to compete with bigger players. If Luminar can successfully ramp up Halo production, it stands to become a major supplier for both advanced driver-assistance systems (ADAS) and autonomous driving tech.

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. Tesla, Lucid Group, and Enphase Energy are the three Electric Vehicle stocks to watch today, according to MarketBeat’s stock screener tool. Electric vehicle stocks are shares of companies involved in the design, manufacture, and support of electric transportation. This includes pure-play EV automakers, battery producers, charging-infrastructure operators, and component or software suppliers. By owning these stocks, investors gain exposure to the global shift away from internal-combustion engines toward electrified mobility.

The company has already secured a leading position in this space, indicating its potential for continued growth and innovation in the EV sector. While Hero MotoCorp’s core product range currently centers on traditional motorcycles and scooters, its significant investment in Ather Energy suggests a strategic pivot towards the electric vehicle segment. As one of the promoters of Ather Energy, a highly regarded name in the EV start-up scene, Hero MotoCorp is uniquely positioned to influence and contribute to the growth of the electric vehicle market.

Conclusion: Why These EV Stocks Matter

The first model in this brand is a small car for city dwellers who struggle with finding convenient parking, as it can locate available spots and use parking assist to maneuver into them. Drivers will also be able to access the above-mentioned battery swap program. Founded in 2014, Chinese EV maker NIO designs, jointly manufactures and sells smart and connected premium EVs. Founded in 2009 in Florida, US, Rivian designs, develops and manufactures EVs and accessories and sells them directly to customers in the consumer and commercial markets.

Amara Raja Batteries in the Electric Vehicle Space

• Testing has gone well, with its auto manufacturing partners impressed with the performance.
• One little-known company—almost entirely overlooked by most AI investors—could be the ultimate backdoor play.
• When considering shares, indices, forex (foreign exchange) and commodities for trading and price predictions, remember that trading CFDs involves a significant degree of risk and could result in capital loss.
• Our experts picked 7 Zacks Rank #1 Strong Buy stocks with the best chance to skyrocket within the next days.
• The analysis by Gartner estimates that the number of EVs that are currently in use will grow by 33% in 2025.
• Blink has stayed near the top of the short interest list for the past few months.

And Ford (F 0.47%), General Motors (GM 0.96%), Volkswagen (VWAGY 1.12%), Daimler (DAI 1.63%), and other carmakers have been working to produce more EVs and make them profitable. The company’s recent earnings beat sparked a 17% surge in the stock, with investors reaping a 33% gain through the first three quarters of 2023. In 2022, LI grew revenue by 68% and it is on course to boost that even further this year. In Q2, it generated $3.9 billion in vehicle sales, a 53% increase on the previous quarter, which was itself a 6% increase on Q4 2022.

• For investors wanting want to cash in on best EV stocks they need to look beyond the usual take to a truly global approach to the industry.
• Tata Passenger Electric Mobility, a subsidiary of Tata Motors, has been instrumental in producing electric cars under the Tata Motors brand.
• The Creon’s 12 kW electric motor delivers remarkable acceleration, going from 0 to 60 km/h in just 5.1 seconds.
• And that product is selling — or at least getting state grants to build charging stations.

LTI Mindtree Share Price Target 2024, 2025, 2026, 2027, 2030 Prediction: Buy or Sell?

Investors who want to get ahead of that demand can do so by looking at the companies producing EV batteries, the most important and costly components of EVs. If electric vehicle production significantly increases over the next decade, the demand for EV batteries will skyrocket similarly. Further solidifying its stature, in June 2023, Mercury EV-Tech’s subsidiary, Powermetz Energy Private Limited, was awarded the prestigious AIS-156 Phase-II certification. Volkswagen AG, the world’s largest automaker by volume, is undergoing a dramatic transformation into an EV powerhouse.

This is primarily thanks to brisk adoption of EV cars in China around 58% and Europe around 24%, which together are projected to represent 82% of the total EV market next year. One little-known company—almost entirely overlooked by most AI investors—could be the ultimate backdoor play. But it might be the most important AI stock in the US owns critical energy infrastructure assets positioned to feed the coming AI energy spike.

Hero MotoCorp Limited, formerly known as Hero Honda, is a major force in the global two-wheeler industry, headquartered in New Delhi, India. As the world’s largest manufacturer of motorcycles and scooters, Hero MotoCorp holds a dominant position in the Indian two-wheeler market. This significant market presence, combined with strategic investments in the electric vehicle (EV) sector, positions Hero MotoCorp as one of the best EV stocks in India.

Ford Motor Company (F)

Its dominance in China, the fastest-growing EV region, is a key strength, amplified by government support and a knack for affordable yet reliable Ev stocks to watch vehicles. BYD’s international push into Asia, Europe, and Latin America reflects its hunger to compete globally, while its in-house battery tech—like the Blade battery—enhances its cost efficiency. For investors, BYD’s scale and adaptability make it a trending stock with staying power.

Despite short-term volatility, Rivian will be an impressive EV stock in the coming years. Share prices are up almost 40% from their all-time low in April 2024. The electric vehicle (EV) market is growing at an increased pace, covering majorly Asian-Pacific regions, with the primary reason being its government support and assistance and the desire for technological improvements. Lower charging durations with its fast charge capabilities, longer travel range, and almost 60% lesser costs compared to petrol vehicles are some of the major benefits included. It plans to become a leading AI and robotics company by 2030, with potential plans to build humanoid robots once it nails level-4 autonomous driving.

RIVN is working on building electric vehicles, including R1T pickup trucks, R1S SUVs, and commercial vans, and it could potentially earn US$127.00 per share in 2029. Rivian is set to deliver between 46,000 and 51,000 EVs by the end of 2025, which is a decline from 2024. As of March 6, 2025, the company’s stock is currently trading at US$11.42, showing a slight rise of 1.42% with a market capitalization of US$11.49B.

These companies had the highest dollar trading volume of any Electric Vehicle stocks within the last several days. Li Auto is carving out a unique space in China’s electric vehicle market by doing things a little differently. While most EV makers jumped straight into fully electric models, Li Auto gained traction with its extended-range electric vehicles (EREVs)—a smart blend of battery power and fuel-based backup. NIO is an automobile manufacturing company based in China which mainly deals in electric vehicles notably the Sport Utility Vehicles and some cross-over models. Although it’s initially located in China, but is receiving much attention globally for its elegant and technologically advanced cars.

Rivian Automotive Inc. (RIVN)

In the realm of electric vehicles, Hero MotoCorp has shown foresight and strategic acumen by investing in Ather Energy, an innovative start-up focused on manufacturing electric scooters. Since 2016, Hero MotoCorp’s stake in Ather Energy has grown to 34.58%, reflecting a strong and growing interest in the electric vehicle market. This investment is a clear indication of Hero MotoCorp’s commitment to embracing the future of mobility. Bajaj Auto’s strategic initiatives and proactive product launches in the electric vehicle space clearly demonstrate its commitment to advancing eco-friendly transportation solutions. These efforts not only strengthen Bajaj Auto’s standing in the Indian automotive sector but also contribute significantly to the global EV industry, reinforcing its status as one of the best EV stocks in India.

However, as a breakthrough technology, many—but not all—of the leading EV companies are growth stocks. Some of them are years away from profitability, carrying big risks for investors. That being said, if you understand the risks, Forbes Advisor has selected what we believe to be the best EV stocks available on the market today.

Tesla is currently working on affordable EVs, and it could potentially earn US$24.20 per share by 2029. The company is set to deliver approximately 2.07 million units by the end of 2025, representing a 16% increase compared to 2024 figures. Tesla, Inc. is a notable and high-valued player in the EV industry, known for its creative technology and its focus on a greener future. Lucid will use Panasonic batteries in its long-range Lucid Air and its Gravity SUV, which will begin production in 2025, although details of the chemistry used are yet to be known. The vehicle is powered by LFP batteries from Gotion High-tech, CALB and Zenergy. By 2026, the company is looking to bring e-scooters and three-wheel EVs to market through its spinoff “electric micromobility company” named Also.