FSR - Is Lucid Motors Or Fisker The Better EV Stock To Buy?
- Electric vehicles (“EVs”) have emerged into the spotlight in recent years, with robust sales growth of 43% year-over-year observed in 2020.
- Europe is expected to have more than 300 EV models by 2025, while the U.S. is expected to have more than 130 EV models by 2026.
- Two of the up-and-coming EV startups include Lucid Motors and Fisker, both California-based with production and delivery expected by the end of 2021 and 2022, respectively.
- We believe both companies are undervalued at the moment, with significant upside potential of more than 150%.
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Is Lucid Motors Or Fisker The Better EV Stock To Buy?