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Barchart
Barchart
Sushree Mohanty

Lucid vs. Rivian: Which EV Challenger Is the Better Stock to Buy Now?

Lucid Rivian Uber Volkswagen

As traditional automakers continue to transition to electric vehicles (EVs), pure-play EV challengers such as Lucid Group (LCID) and Rivian Automotive (RIVN) compete for market share in an industry that remains highly volatile. 

Both companies have compelling technology, ambitious expansion plans, and clearly defined target markets, but they also face similar profitability challenges and policy headwinds. Both have just released their second-quarter results, which show both promise and pressure. Let’s find out which is the better buy right now.

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