Two EV Makers Facing Different Challenges\n\nThe electric vehicle (EV) market has been a volatile one in 2021, with many companies struggling to find their footing. Two companies that have stood out from the rest are Nio and Rivian. Facing their own unique challenges, these two EV makers have established themselves as major players in the industry and may still hold potential for investors.\n\nNio, a Chinese EV maker, has seen impressive growth in recent years, with its total deliveries more than doubling in 2020 and 2021. The company has faced supply chain constraints and a pricing war in the Chinese market, which has slowed its growth and caused its vehicle margins to decline. As a result, Nio is expected to see only a 12% increase in revenue for the full year, and its net loss is projected to widen. Nio’s stock is currently trading at a low valuation.\n\nOn the other hand, Rivian has faced its own set of challenges. The company, which produces electric pickups and delivery vans, has struggled to meet its production targets due to supply chain constraints and safety-related recalls. While its growth rates have not been as impressive as Nio’s, Rivian has still established itself as a major player in the EV market. Its habit of over-promising and underdelivering has caused its stock to plummet since going public in late 2021.\n\n Their struggles, both Nio and Rivian have shown resilience in the face of challenges. Nio’s vehicle margins have expanded for two consecutive quarters, and it still has a strong cash position to weather the pricing war in the Chinese market. Rivian, meanwhile, has ramped up its production and is on track to meet its revised production target for the full year. While both companies may face further challenges in the EV market, they have already established themselves as major players and may hold potential for investors.\n\nIn a Nio and Rivian have faced different challenges in the EV market, but both have shown resilience and potential for growth.”