Investors in young EV start-ups, such as Rivian and Lucid, should be terrified of some recent numbers from Japan. In a groundbreaking victory, Chinese juggernaut EV maker BYD ( BYDDY 2.01%) officially outsold Japanese carmaker Toyota with EVs in the latter's homeland during 2024.

Rivian (NASDAQ: RIVN), and Aehr Test Systems (NASDAQ: AEHR) rallied on Wednesday, up 5.2%, 4.7%, and 15.8%, respectively, as of 11:30 a.m. ET. There wasn't much company-specific news today, so the across-the-board rally likely had to do with today's important inflation report.

Tesla stock was a picture of volatility in 2024. Rivian has a new model coming, and it could make or break the company. Lucid hopes a fully electric luxury SUV will be popular with EV buyers. Tesla was a model for stock investors learning about risk and volatility in 2024.

Tesla's scale makes it the leader of the EV market, but Rivian's recent momentum could disrupt the narrative. Tesla's production volumes dwarf Rivian's, but the latter's ability to beat expectations and its focus on scaling production might attract growth-focused investors.

Rivian (NASDAQ: RIVN) shares have been stuck under $20. If you've been looking for a growth stock with significant upside potential, this could be your chance. It's not hard to see how Rivian shares could have immense upside.

IPO’ed in November 2021 and immediately made a splash with its stock price skyrocketing to $180 in just its first week of trading. The cash infusion was a much-needed lifeline for Rivian, with $3.7 billion in operating expenses in 2021 and only delivering 920 vehicles.

Rivian's (NASDAQ: RIVN) stock price has been volatile over the last 12 months, gyrating in price between $8 and $20. If you've been looking for growth stocks with high upside potential, Rivian could be the perfect fit for your portfolio.

Cybertruck emerged as the bestselling electric pickup in the U.S. over Q2 2024 as production ramped up and the company focused on fulfilling the backlog of orders.

Plus, we discuss Honda's outlook for 2025 and how Polestar is planning to turn things around.

We had a chance to chat with Volvo CTO Anders Bell about its new Superset platform, and how it will power future Volvo EVs.

Shares of NIO ( NYSE:NIO) gained 1.46% on Thursday, Jan. 16, reaching as high as $4.19 per share, building on its momentum this week after hitting $4.03 Monday morning. The stock is up nearly 3% since then — an encouraging sign after HSBC cut its outlook for the company from a “Buy” rating to a “Hold” rating in its report on Tuesday, Jan. 7.