MARKET WIRE NEWS

2 EV Stocks to Buy in March

Source: Motley Fool

2026-03-05 13:22:42 ET

The electric vehicle ( EV ) market expanded rapidly over the past decade. Still, its growth is gradually cooling as governments roll back subsidies, tariffs disrupt cross-border shipments, and macro headwinds throttle consumer spending. The fragmentation of the EV market has also made it more challenging for smaller and newer companies to scale their businesses.

That said, the global EV market is still growing. From 2025 to 2030, it could expand at a 32.5% CAGR, according to Grand View Research, as automakers launch cheaper and more power-efficient EVs. If you want to capitalize on that trend, you should consider investing in these two unloved but undervalued EV stocks: Nio (NYSE: NIO) and Rivian (NASDAQ: RIVN) .

Image source: Getty Images.

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NIO Inc. American depositary shares each representing one Class A

NASDAQ: NIO

NIO Trading

2.98% G/L:

$4.9071 Last:

23,017,627 Volume:

$4.79 Open:

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NIO Latest News

March 05, 2026 01:22:42 pm
2 EV Stocks to Buy in March

NIO Stock Data

$11,218,723,037
1,756,624,628
N/A
196
N/A
Vehicles
Consumer Discretionary
CN
Shanghai

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