Lucid Group vs. NIO: Which Electric Vehicle Stock Is a Better Buy?

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This is due to an accelerated shift towards clean energy solutions at the global level. With this in mind, today I’ll be analyzing and comparing EV manufacturers Lucid Group (LCID) and NIO (NIO).

LCID has just started shipments of its EVs but is valued at a market cap of $87.22 billion. NIO is one of the largest EV manufacturers in China and is valued at a market cap of $62 billion.

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