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The Global X Autonomous & Electric Vehicles ETF (DRIV) has more than doubled in the last year and is up 18.4% year to date, easily outpacing the S&P 500 which has gained 40% since June 2020.
The EV industry has attracted multiple players due to its rapidly expanding market and here we compare two players in this space that are Nikola (NKLA) and Arrival (ARVL) to see which is a better stock right now.
