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Is Now the Time to Buy Electric Vehicle Stocks?

TheMotleyFool

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Is Now the Time to Buy Electric Vehicle Stocks?: https://g.foolcdn.com/editorial/images/680036/car-being-charged-outside.jpg

The electric vehicle market has been hammered over the past six months as the market has sold off growth and high-risk stocks. But at the same time, we're seeing electric vehicle companies show growth and strong demand as they ramp up capacity.

Could the dip in the market be a good time to jump into electric vehicle stocks? I think now is the time to reassess a lot of the hot stocks from 2021, like Rivian (NASDAQ: RIVN), General Motors (NYSE: GM), and Proterra (NASDAQ: PTRA).

Image source: Getty Images.

Source Fool.com

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