Top Electric Vehicle Stocks To Add to Your Watchlist – November 8th

Tesla, Rivian Automotive, NIO, BorgWarner, Shoals Technologies Group, XPENG, and Li Auto are the seven Electric Vehicle stocks to watch today, according to MarketBeat’s stock screener tool. Electric vehicle stocks are shares of publicly traded companies that make electric vehicles or supply related products and services, such as batteries, charging equipment, and vehicle software. For investors, they offer exposure to the growth of the EV industry but can be affected by factors such as competition, production costs, regulation, and consumer demand. These companies had the highest dollar trading volume of any Electric Vehicle stocks within the last several days.

Tesla (TSLA)

Tesla, Inc. designs, develops, manufactures, leases, and sells electric vehicles, and energy generation and storage systems in the United States, China, and internationally. The company operates in two segments, Automotive, and Energy Generation and Storage. The Automotive segment offers electric vehicles, as well as sells automotive regulatory credits; and non-warranty after-sales vehicle, used vehicles, body shop and parts, supercharging, retail merchandise, and vehicle insurance services.

NASDAQ:TSLA traded up $14.53 on Friday, reaching $358.22. The stock had a trading volume of 36,597,110 shares, compared to its average volume of 39,973,272. The firm’s fifty day moving average is $372.14 and its two-hundred day moving average is $384.35. Tesla has a 12-month low of $297.38 and a 12-month high of $498.83. The company has a market cap of $1.42 trillion, a price-to-earnings ratio of 393.65, a P/E/G ratio of 22.19 and a beta of 1.74. The company has a debt-to-equity ratio of 0.09, a current ratio of 1.74 and a quick ratio of 1.39.

Rivian Automotive (RIVN)

Rivian Automotive, Inc., together with its subsidiaries, designs, develops, manufactures, and sells electric vehicles and accessories. The company offers consumer vehicles, including a two-row, five-passenger pickup truck under the R1T brand, a three-row, seven-passenger sport utility vehicle under the R1S name.

Shares of RIVN traded up $0.32 during trading hours on Friday, hitting $13.61. The stock had a trading volume of 20,165,936 shares, compared to its average volume of 31,007,980. The company has a debt-to-equity ratio of 0.78, a quick ratio of 1.70 and a current ratio of 2.18. The firm has a market cap of $19.71 billion, a P/E ratio of -6.05 and a beta of 1.64. The company’s fifty day simple moving average is $14.21 and its 200 day simple moving average is $15.40. Rivian Automotive has a 12-month low of $11.38 and a 12-month high of $22.69.

NIO (NIO)

NIO Inc. designs, manufactures, and sells electric vehicles in the People's Republic of China. The company is also involved in the manufacture of e-powertrain, battery packs, and components; and racing management, technology development, and sales and after-sales management activities. In addition, it offers power solutions for battery charging needs; and other value-added services.

NIO traded up $0.20 during trading hours on Friday, reaching $3.40. 50,876,598 shares of the stock traded hands, compared to its average volume of 30,639,910. The company has a debt-to-equity ratio of 2.11, a current ratio of 1.02 and a quick ratio of 0.89. NIO has a fifty-two week low of $3.10 and a fifty-two week high of $7.06. The firm’s fifty day simple moving average is $3.53 and its two-hundred day simple moving average is $4.85. The company has a market cap of $8.43 billion, a price-to-earnings ratio of -12.57 and a beta of 0.89.

BorgWarner (BWA)

BorgWarner Inc., together with its subsidiaries, provides solutions for combustion, hybrid, and electric vehicles worldwide. It offers turbochargers, eBoosters, eTurbos, timing systems, emissions systems, thermal systems, gasoline ignition technology, smart remote actuators, powertrain sensors, cabin heaters, battery modules and systems, battery heaters, and battery charging.

NYSE BWA traded up $1.33 on Friday, hitting $48.86. 2,948,947 shares of the stock traded hands, compared to its average volume of 3,176,121. BorgWarner has a twelve month low of $40.73 and a twelve month high of $78.82. The company has a market capitalization of $9.81 billion, a P/E ratio of 20.79, a price-to-earnings-growth ratio of 0.68 and a beta of 1.20. The company has a current ratio of 1.41, a quick ratio of 1.12 and a debt-to-equity ratio of 0.32. The stock has a 50-day moving average of $59.78 and a 200 day moving average of $60.60.

Shoals Technologies Group (SHLS)

Shoals Technologies Group, Inc. provides electrical balance of system (EBOS) solutions and components for solar, battery energy, and electric vehicle (EV) charging applications in the United States and internationally. The company designs, manufactures, and sells system solutions for both homerun and combine-as-you-go wiring architectures, as well as offers technical support services.

SHLS traded up $1.09 during trading hours on Friday, hitting $10.08. The company’s stock had a trading volume of 11,034,533 shares, compared to its average volume of 6,503,452. The company has a 50-day simple moving average of $7.74 and a 200 day simple moving average of $8.47. The firm has a market capitalization of $1.70 billion, a PE ratio of 43.83, a PEG ratio of 1.21 and a beta of 1.86. Shoals Technologies Group has a fifty-two week low of $5.43 and a fifty-two week high of $13.18. The company has a current ratio of 2.45, a quick ratio of 1.12 and a debt-to-equity ratio of 0.26.

XPENG (XPEV)

XPeng Inc. designs, develops, manufactures, and markets smart electric vehicles (EVs) in the People's Republic of China. It offers SUVs under the G3, G3i, and G9 names; four-door sports sedans under the P7 and P7i names; and family sedans under the P5 name. The company also provides sales contracts, super charging, maintenance, technical support, auto financing, insurance, technology support, ride-hailing, automotive loan referral, and other services, as well as vehicle leasing and insurance agency services.

NYSE XPEV traded up $0.62 on Friday, reaching $10.22. 10,457,121 shares of the stock traded hands, compared to its average volume of 7,489,713. XPENG has a 12 month low of $8.94 and a 12 month high of $28.24. The company has a quick ratio of 0.86, a current ratio of 1.11 and a debt-to-equity ratio of 0.50. The firm’s fifty day simple moving average is $9.97 and its 200 day simple moving average is $14.25. The company has a market cap of $9.76 billion, a price-to-earnings ratio of -21.30 and a beta of 0.96.

Li Auto (LI)

Li Auto Inc. operates in the energy vehicle market in the People's Republic of China. It designs, develops, manufactures, and sells premium smart electric vehicles. The company's product line comprises MPVs and sport utility vehicles. It offers sales and after sales management, and technology development and corporate management services, as well as purchases manufacturing equipment.

LI traded up $0.61 during trading on Friday, reaching $12.53. The company had a trading volume of 5,615,181 shares, compared to its average volume of 2,885,366. The firm’s 50-day simple moving average is $11.59 and its 200 day simple moving average is $14.70. The company has a market cap of $12.98 billion, a price-to-earnings ratio of -18.70 and a beta of 0.40. Li Auto has a 12-month low of $10.66 and a 12-month high of $20.57. The company has a debt-to-equity ratio of 0.11, a quick ratio of 1.65 and a current ratio of 1.81.