With more than 6.6 million EVs being sold worldwide in 2021, the electric vehicle (EV) industry is expanding rapidly. This figure indicates over a 100% increase compared to 2020. Besides, EV market share surged from 4.11% in 2020 to 8.57% in 2021, confirming current trends toward EV adoption. The demand for low emission vehicles should accelerate in the forthcoming years, thus enablingthe global EV market to grow at a CAGR of 22.6% to $802.81 billion by 2027. In today’s article,I intend to analyze and compare two EV stocks: $Rivian Automotive, Inc.(RIVN)$ and $NIO Inc.(NIO)$ ,to determine which one is currently the better investment. Founded in 2009, Rivian develops and manufactures electric pickup trucks and sp