EV Stocks: Rivian & BYD – Don’t Bet the Farm (Yet)

Alright, settle in, folks. We’re talkin’ electric vehicles. The future, they said. And, you know, it is happening. Slowly. Like a snail tryin’ to win the Indy 500. The market’s cooled off a bit, sure, but analysts still think gas guzzlers will be relics by the end of the decade. A decade! That’s practically tomorrow in Wall Street years. Grand View Research says a 32.5% CAGR from 2025 to 2030. Thirty-two point five percent! Sounds impressive, right? Until you realize that’s compound annual growth. Which means it’s not quite as much money as it sounds. Anyway, two companies are worth a peek: Rivian and BYD. Don’t go mortgaging the house, but maybe a small flutter? We’ll see.

Rivian

Rivian makes fancy pickups, SUVs, and delivery vans. Very… upscale. They promised the moon in 2021 – 50,000 vehicles in 2022! A bold claim. They delivered… fewer. 24,337. Supply chain issues, they said. The usual suspects. Like blaming the lack of gefilte fish on a pickle shortage. In 2023, they doubled that to 57,232. Progress! But 2024? A bit of a stumble – 49,476. Inflation, higher interest rates, fewer handouts… the usual parade of doom. They’re aimin’ for 40,000 to 46,000 in 2025. A modest goal, really. And, oh yes, they’re still losing money. It’s a good thing they have investors, isn’t it?

But! (There’s always a ‘but’.) Analysts think revenue will grow 31% from 2024 to 2027. And they’re narrowing the losses. Good. The big news? The R2 SUV. More affordable, they say. Like a slightly less extravagant yacht. And a new plant in Georgia. More robots! And a partnership with Volkswagen. Now there’s a pair. It’s all lookin’ up, folks. The stock trades at less than three times this year’s sales. A bargain? Maybe. Or maybe it’s just wishful thinking. You know how these things go.

BYD

BYD started as a battery maker. Batteries! Who knew? Now, they’re China’s biggest automaker. Two decades ago, they stopped makin’ gas-only vehicles. Smart move. Plug-in hybrids and electrics are where it’s at. They also developed their own batteries – lithium iron phosphate. Safer, cheaper, more efficient. Like trading in a horse-drawn carriage for a… well, a slightly better horse-drawn carriage. But with batteries! They’re really ahead of the curve.

From 2020 to 2024, sales went from 427,302 units to 4.27 million units. Revenue more than five times bigger. Net income? Nearly ten times! That’s what I call a growth spurt. They integrated their supply chain, unified production, and started expandin’ internationally. It’s like they have a secret sauce. Or maybe just really good management. Analysts predict revenue and net income will grow 13% and 16% respectively from 2024 to 2027. Slowin’ down, sure, but still growin’. And the stock? Only 16 times this year’s earnings. A steal? Perhaps. Or maybe I just like sayin’ ‘steal.’

So, there you have it. Rivian and BYD. Two companies tryin’ to electrify the world. Will they succeed? Who knows. But if you’re lookin’ for a little excitement in your portfolio, they’re worth a look. Just remember, folks: don’t bet the farm. Unless, of course, you have a really, really big farm.

2026-02-02 21:52

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