Lucid Group, Inc. (LCID) Is it the best EV shopping stock?

We recently collected a list of the 12 Small CAP EVs to buy now. In this article, let’s take a look at where Lucid Group, Inc. (NASDAQ: LCID) It is against the other small head stocks.

By 2024, electric vehicles (EVS) accounted for 8.1% of the 16 million vehicles sold in the United States, according to Cox Automotive. Although this was a record quota, it was still below 10% that analysts were waiting at the beginning of the year. Despite this, some believe that the EV market can increase the pace.

Also read: 11 stocks to be bounced according to analysts and 11 best shares under $ 15 to buy according to coverage funds.

Although EV overall adoption has been slower than expected, brands like Cadillac are expanding its power line. At the end of 2025, Cadillac plans to offer five EV. These include the IQ Escalade, Optiq Crossover, Lyriq, the next three -rise approval and the Celestiq luxury. Cadillac expects approximately one in three vehicles that sells in the United States this year will be electric.

Brad Franz, Cadillac Marketing Director, told CNBC that the EVS launch company to grow their business and attract new customers to the brand instead of changing sales of gas cars. According to Franz, the EV portfolio will offer customers more options. By 2024, the company sold about 29,000 EV. For 2025, Cadillac aims to make EVs between 30% and 35% of their sales in the United States.

However, Cadillac has abandoned its previous plan to sell only EVS by 2030. Instead, the company said that customer’s demand would determine the removal of gas vehicles.

This approach reflects a wider tendency. Some automobile manufacturers have turned their backs on the plans to sell EV exclusively in the near future, as the client’s adoption has not been as quickly as expected.

To collect our list of the 12 EVs of Small CAP to buy now, we reviewed our own rankings and consulted several online resources to collect a list of the best small EV stocks. Note that we have defined small -level shares as those with market capitalization between 500 million and $ 10 billion. From an initial set of more than 20 small head stocks that fulfilled our criteria, we focused on the first 12 actions most favored by institutional investors. The data of the feeling of the coverage fund that surrounded each stock was removed from the database of Insider Monkey, of the quarter of 2024, of more than 1,000 funds of elite coverage. The twelve small EV stocks to buy now were classified in ascending order based on the number of coverage funds that had shares from the fourth quarter of 2024.