9 Reasons Rivian Stock Is a Buy Now – The Motley Fool

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Founded in 1993, The Motley Fool is a financial services company dedicated to making the world smarter, happier, and richer. The Motley Fool reaches millions of people every month through our premium investing solutions, free guidance and market analysis on Fool.com, top-rated podcasts, and non-profit The Motley Fool Foundation.
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A move toward mass adoption of electric vehicles now looks like it will become a true reality in the next few years — providing exciting opportunities for investors. If you’re looking for an up-and-coming electric-vehicle (EV) stock to ride that wave, Rivian Automotive (RIVN 1.32%) should be high on your list of candidates. Here’s a look at nine reasons why this company is driving its business in the right direction. 
Data source: Rivian production releases. Chart by author.
There’s a lot of attention on the EV industry as the broader automotive industry is on the cusp of evolving rapidly over the coming decades. Rivian may not be the next Tesla, but it also doesn’t have to be to become a highly successful investment. The young truck and SUV EV maker is definitely heading in the right direction, as evidenced by the nine reasons above, and it’s driving there quickly.
John Mackey, former CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool’s board of directors. Daniel Miller has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Amazon and Tesla. The Motley Fool has a disclosure policy.
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