Growth stocks have experienced a significant sell-off in the last couple of months. Electric vehicle (EV) stocks such as Rivian (RIVN) and Cenntro Electric Group (CENN) are now down 64% and 95% below their 52-week highs, respectively.
Alternatively, the EV market is a fast-growing one and remains attractive to long-term investors. The shift towards clean energy solutions should accelerate globally in the upcoming decade, allowing EV players to benefit from multiple secular benefits.
