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Which Electric Vehicle Stock Is a Better Buy? -Breaking

by Mike Robinson

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© Reuters. Proterra vs. Lion Electric vs.

Proterra (PTRA), and Lion Electric (LEV), are both companies in the rapidly growing electric vehicle (EVs) market. These companies will likely grow their revenue quickly and increase profit margins over the next year. It is hard to decide which investment is better right now. The market for electric vehicles (EVs) is expanding rapidly. It’s forecast that EV sales will grow from 2.5 million in 2020 to 31.1 million by 2030. That’s a whopping compound annual growth rate of 29%.

Therefore, it’s no surprise that EV stocks have been grabbing headlines and remain some of the most heavily traded stocks on the market.

Today I’ll take a look at 2 stocks that make electric buses: Proterra (PTRA) and Lion Electric Company (LEV). These stocks can be great investments. But which one is the best buy right now?

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