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Steer Clear of Electric Vehicle Startups?

SPACs and other new companies may not be the best way to capitalize on growing EV adoption.

Aug 12, 2021

Mentioned: Bayerische Motoren Werke AG (BMWYY) , Tesla Inc (TSLA) , General Motors Co (GM) , Nikola Corp (NKLA) , Li Auto Inc (LI) , Transphorm Inc (TGAN) , XPeng Inc (XPEV) , Hyliion Holdings Corp (HYLN) , Lordstown Motors Corp (RIDE) , Fisker Inc (FSR)

Electric vehicles are poised for massive growth over the next decade, but that doesn't mean that every EV startup is a safe investment. Investors should weigh the risks of buying into new companies in the space.

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Margaret Giles does not own (actual or beneficial) shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.

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