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Why Shares of Rivian, Lucid, and Fisker Are Racing Higher Today

Why Shares of Rivian, Lucid, and Fisker Are Racing Higher Today

Shares of electric vehicle (EV) maker Rivian Automotive (NASDAQ: RIVN) are accelerating higher to start the week. After the company announced news on Friday, investors are expressing their approval today. In addition, news from a legacy automaker regarding its EV plans is also contributing to the strong buying activity of Lucid Group (NASDAQ: LCID) and Fisker (NYSE: FSR).