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EV Stocks to Electrify your Portfolio in 2023

November 21, 2022 By admin Leave a Comment

These three EV stocks have plenty of potential to rise in 2023.
XPeng (XPEV): This Chinese EV manufacturer has strong fundamentals and growth potential in the coming years.
Polestar Automotive (PSNY): This company has strong backing from auto giants, ensuring this project’s success.
AB Volvo (VLVLY): VLVLY is all set to ramp up its production of heavy-duty electric trucks.

Growth and tech stocks have taken a massive hit this year due to a range of macro factors. Soaring inflation has led to hawkish monetary policy from the Federal Reserve. This hasn’t helped supply chains, which remain bottlenecked around the world. For electric vehicle (EV) stocks, this has been a perfect recipe for lower valuations, at least in the near term.

Many premium EV makers are also suffering from shifting consumer preferences. Many consumers may be looking to delay an EV purchase due to a higher-than-expected price tag. Accordingly, while there does appear to be great opportunity around EV stocks right now, being selective is going to be more important than ever.

Broadly, the ongoing climate crisis is shifting how governments and countries are thinking about this sector. In Germany, targets have been put in place aimed at putting approximately 15 million electric vehicles on their streets by the end of 2030. Additionally, California and Canada plan to make 100% of new car sales zero emission by 2035. These are ambitious goals, to be sure.

In order to achieve these goals, these nations need electric vehicles that their citizens and businesses can purchase. These three companies are among the leading high-growth EV makers I think could gobble up global market share over time.

XPeng (XPEV)

Let’s start our list of EV stocks to buy with Chinese electric vehicle maker XPeng (NYSE:XPEV). This company designs, manufactures and delivers smart electric cars mainly in the Chinese market. Other revenue segments aside from EV production include maintenance, vehicle leasing, supercharging and auto finance services.

Notably, XPeng has seen robust growth in deliveries of late. Its October delivery numbers showed the company delivered 5,101 EVs, including 709 G3i smart compact SUVs, 1,665 P5 smart family sedans and 2,104 P7 smart sports sedans. This translated into year-over-year growth of 56%, a very impressive number relative to its peers.

He Xiaopeng, XPeng Inc.’s CEO and Chairman, also said in a statement that the company’s transportation and logistics are all set to increase production at the beginning of November.

Moreover, this Chinese EV giant has passed the autonomous driving test for launching robotaxi services. It plans on launching this service next year in Guangzhou and, within the next two years, expand it to other major cities.

[Whitney Tilson: Gold 2.0 Tap Into the Most Lucrative Vein of the SWaB Revolution]

Polestar Automotive (PSNY)

A Swedish manufacturer of premium electric vehicles, Polestar Automotive (NASDAQ:PSNY) is a very compelling option in the world of EV stocks. Some of this has to do with the company’s impressive backers, which include Geely (OTCMKTS: GELYF) and Volvo (OTCMKTS:VLVLY).

However, one of the key reasons I like this stock right now is the fact that Polestar just declared its first gross profit after turning public.

Compared to the same quarter last year, its sales were up by 105%, amounting to $4 million gross profit. Moreover, driven by rising sales in Q4 2022, Polestar estimates to generate $2.4 billion from the sale of its vehicles. This company is also set to release the Polestar 4 SUV, the Polestar 5 grand touring sedan and the Polestar 6 roadster in the years to come.

Furthermore, thanks to the financial support from its major shareholders (Geely and Volvo), the Swedish EV maker has $1.6 billion in capital to support its operations in 2023. Volvo Cars provided $800 million of this amount in the form of an 18-month term loan that also has an equity conversion option.

Thomas Ingenlath, the CEO of Polestar, welcomes this funding, as it will help the EV maker stay focused on its business while the capital market suffers from volatility and unpredictability.

Volvo (VLVLY)

Another Sweden-based EV maker, Volvo is one of the most popular companies globally in the world of electric vehicles. Interestingly, this company’s focus on the EV sector isn’t limited to passenger vehicles. The company also produces and distributes buses, trucks and construction equipment.

This is a segment I think is worth looking at. The company’s production in these niche areas of the market is picking up. As of early October, Volvo announced the supply of 20 heavy-duty, fully electric trucks to Amazon in Germany. These trucks have the expected capacity to drive for one million kilometers in a year, and have the potential to curtail Germany’s domestic transport emissions — 36% of which are caused by heavy goods and commercial vehicles.

Volvo has also increased its production of electric trucks for regional and inter-city use, setting an important milestone for decarbonization. Moreover, this global EV manufacturer says that approximately 50% of its new truck sales will be fuel-cell electric or battery-operated by 2030.

Volvo also plans to make battery modules at its Belgium plant in 2025. As per company sources, this will help Volvo develop a future value chain for its battery systems. Thus, I think this is one of the top EV stocks to consider in terms of growth upside moving forward.

[Nomi Prins: 10x Gains on a Small Firm Disrupting a Critical American Industry]

On the date of publication, Chris MacDonald did not have (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com Publishing Guidelines.

Electric Vehicle Sales Predicted to Increase Nearly 800%

October 28, 2022 By admin Leave a Comment

Of Course, I Mean That in the Best of Ways

The reasoning behind this is simple: Regular people are buying EVs, not just avid environmentalists or EV enthusiasts. And your average driver isn’t looking for something out of Speed Racer.

[MAJOR BUY ALERT: EVs/Wall Street/Gains]

Back when the BMW i3 was one of the few EVs on the road, its range was only around 80 miles on a good day. Public charging was practically nonexistent, so the average driver was hardly likely to switch over to electric.

And who could blame them? Running out of juice on the roadside means an automatic call to a tow truck rather than a quick hitchhike to the nearest gas station.

Repairs and maintenance are another factor. If the battery pack goes up in flames, who can replace it? Tesla owners have recently hit the news with horror stories about absurd repair and replacement costs.

Today, the average EV range is well above 200 miles, charging stations are cheaper and more abundant, and batteries are getting cheaper every day. Yet millions of drivers are still anxious about giving up the convenience of their gas vehicles.

I’ll admit I underestimate how attached some drivers are to their cars, but it goes deeper than just the car itself.

It’s the Gas Devil You Know Versus the Electric Devil You Don’t

Changing to a new type of vehicle comes with changed habits and behavior. Some drivers out there have potentially been filling up the same car at the same gas station for decades.

Entrenched behavior like that doesn't go away overnight. For some, a new EV will need to drive itself, pour drinks, and assemble sandwiches before the diehards will ditch their internal combustion engines (ICEs).

But for many others, the differences between EVs and ICEs are becoming more tolerable.

Sales in the U.S. almost doubled between 2021 and 2022, and experts forecast a nearly 800% increase by the end of the decade.

The total market is currently valued at $380 billion. By the end of the decade, that could swell into the trillions.

[Exculsive: New Vehicle Shocks EV Market]

The tide is turning, and the standard boringness of the most recent EV models is a telltale sign. Automakers are preparing to shift their target demographic to everyone.

It’s going to be a beast of a transition, but the real winner is the army of suppliers needed to overhaul one of the biggest supply chains on Earth.

Some components are the same regardless of the car — aluminum, steel, plastic, etc. are still needed in about the same quantities. But other materials are entirely unique to EVs.

Lithium is the obvious example. ICEs usually have a few small batteries here and there but nowhere near the amount needed for an EV battery.

EV makers have been focusing so hard on securing a lithium supply that they neglected some equally important materials.

In many ways, the “lithium rush” pales in comparison to the “Imperial Metals” rush.

These elements aren't used in batteries. Instead, they power the other half of the equation: the motor.

Without these “Imperial Metals,” not a single electric motor on the planet would turn. That kills not only EVs but just about every power generation turbine, which is nothing but an electric motor in reverse.

Think about that — EVs would be off the table, and we wouldn't have a way to generate electricity to power them anyway.

We’re tracking a company that thinks it has solved the problem in a bizarrely creative way. It’s a unique solution to the next great metals crisis that doesn’t involve China, the current leader in “Imperial Metals.”

This transition is coming. Make sure your investments are squared away before these stocks go through the roof.

[Nomi Prins: 10x Gains on a Small Firm Disrupting a Critical American Industry]

To your wealth,

Luke Sweeney
Contributor, Energy and Capital

New Battery Tech Could Spell End for Lithium Industry

September 13, 2022 By admin Leave a Comment

A Double-Edged Sword

It's tough to mine, it's highly taxing on the environment to extract and refine, and, perhaps worst of all, most of today's richest lithium-bearing properties are owned and operated by one of the Western world's most hostile political powers — the Communist Party of China (CCP).

This isn't surprising or shocking to anybody who follows the industry, as the CCP has been planning for the lithium revolution for decades, quietly buying up lithium exploration around the globe, from Asia to South America.

And their grip on the industry has tightened. Today 148 of the world's 200 biggest lithium-ion battery producing factories are now located in mainland China, compared with just 11 in the U.S., and 20 in Europe.

Even EV giant Tesla (NASDAQ: TSLA) gets most of its batteries from Asia, despite all the hype regarding “gigafactories” and market dominance you may be hearing from Elon Musk on Twitter.

[Louis Navellier: The #1 Electric Vehicle (EV) Battery Stock of 2022]

In the years to come, Chinese influence over the lithium industry will only increase as the country charges toward its ultimate goal: a global lithium battery monopoly.

If it achieves this end, no war with the West will be necessary. China will have all the cards and all the power over tomorrow's economy.

Everything from your car to your smartphone will be powered by products with “Made in China” stamped across the housing.

Needless to say, the industry is scrambling to find a solution, and herein lies the secret that I alluded to earlier.

Is Lithium Already Dead?

Right now, there's a new battery technology that's on the rise, and it has the potential to destroy the lithium industry altogether.

The material at the heart of these next-generation batteries doesn't need to be mined or refined. It's produced artificially in high-tech laboratories, and the end result is a battery that's vastly superior on a technical level, not to mention completely independent of Chinese influence.

That material is called graphene. It's a high-tech nanostructure that's just one molecule thick and can be made using nothing more than natural gas and electricity.

Two hundred times stronger than steel, light as a feather, and highly conductive of both heat and electricity, this fabric has properties that make it almost extraterrestrial in nature.

When applied to a battery's cathode, the results are truly disruptive.

Graphene-ion batteries have a much higher energy density than lithium-ion, a longer service life, and a much, much faster charge time.

To translate these factors into meaningful numbers, a Tesla with a graphene battery pack would have a range of up to 1,000 miles, last for over 1 million miles, and charge from 0% to 100% in as little as one minute.

You read that correctly. A full charge in less time than it would take to fill up a gas tank.

That's a game-changer and just one of the reasons why the CAGR for graphene batteries has been pegged at right around 28% through the end of the decade.

[MAJOR BUY ALERT: EVs/Wall Street/Gains]

To Gain the Most, Buy Early

That's almost three times the growth rate of lithium.

Now, to be clear, the graphene battery industry is just starting out.

In fact, there's only one company that's really producing any at all at the moment, and it's not Chinese. It's Australian.

The reason this company is leading the charge has to do with graphene production. You see, up until this company made a crucial breakthrough, the cost of production was too high to even consider making graphene for consumer needs — we're talking something on the order of $100,000/kg.

With the new production method, that cost has fallen by orders of magnitude, which has opened up an entire host of potential applications for this space-age material.

This company is currently quite small, with a market capitalization of less than $250 million — a mere drop in the bucket compared with the mammoth industry it's set to replace.

Its stock is also already public, which makes this a rare opportunity for investors in the know.

The Best-Kept Secret in Tech?

As you may have surmised by now, there aren't too many such investors out there today. Otherwise the stock would already be trading at a price several times higher than it is.

Today, only a handful of individuals outside the scientific community know anything about the company or the stock, which means you're on the cusp of a massive opportunity.

Alex Koyfman

[Nomi Prins: 10x Gains on a Small Firm Disrupting a Critical American Industry]

Critical Electric Vehicle Battery Bottleneck in China?

August 29, 2022 By admin Leave a Comment

As we’ve reviewed before, if the majority of our electricity is produced by fossil fuels – as it is, almost everywhere on the planet – carbon emissions won’t be reduced by shifting to EVs. Some have even argued that emissions will increase, as typically 7–15% of electricity is lost in transmission from the power plant to the end user. That’s just the nature of the inefficiency of the distribution of power over our current infrastructure.

But let’s set those inconvenient truths aside for a moment. Is it even possible for the automotive industry to produce enough new EVs to hit the targets set aside for 2030? I recognize that it’s a moot point, given the nature of how electricity is produced, but the exercise will reveal something quite interesting.

It is possible to produce enough of the new vehicles, the cars themselves, but – and this is a big but – it won’t be possible to manufacture enough EV batteries to “fuel” them. The fundamental problem is with the EV battery supply chains.

And at the very beginning of the supply chains are the metals that need to be mined and extracted from the earth, and ultimately processed for use. It’s a destructive and very dirty process that leaves massive “scars” on Earth’s surface – and produces immense amounts of carbon emissions. And yet without these metals, we don’t have EV batteries…

[MAJOR BUY ALERT: EVs/Wall Street/Gains]

The problem is that with these massive targets for EV production set by countries around the world, the politicians and policymakers (especially those in the U.S.) didn’t think much about the details of whether or not the targets were possible. Or for that matter, whether or not the process would be “clean” and actually result in lower emissions.

In order to meet these grand goals of EVs everywhere by 2030, the world will need to mine and extract critical metals from the ground. The need is no small task either, as seen in the above chart… 50 new lithium mines will have to be built, 60 new nickel mines will have to be built, and 17 new cobalt mines need to be built.

The automotive industry is already struggling with shortages of these metals, as well as with securing future supply, yet the policy targets established within require more than a 5X increase in kilotons (kt) in lithium production, 2X in nickel, and almost double in cobalt.

Making matters worse, on average it takes 7–10 years to get permitted to build a mine in the U.S. And that’s right… in just eight years it will be 2030. How’s that going to work?

Some other countries, particularly in developing markets, are able to permit in shorter periods of time, but it is still a multi-year process. Further, what about the practicalities of the “where” and “how” to extract and process these metals?

[Enrique Abeyta Prediction: My #1 EV Stock for 2022]

Cobalt is almost entirely mined in the Democratic Republic of the Congo, not exactly an anti-fragile location for a key material in a supply chain. More than half of nickel production comes from Indonesia, the Philippines, and Russia.

The majority of the rare earth metals are all mined in China… critical metals used not just in EVs, but most forms of advanced electronics like our smartphones.

And the majority of the world’s lithium is mined in Australia and Chile. While these locations are politically stable, it’s the required step up in production – more than 5X – that’s the problem.

But even if we assume that somehow the permitting of new mines magically happens within the next two years, and the metals can be found at the scale that is necessary to meet demand, there is one more sticky problem…

The majority of the processing of these metals takes place in China, not exactly the location that I’d choose for a secure supply chain right now. The reality is that extraction and processing of these metals is a very dirty and fossil fuel-intensive business, which is why the western world was happy to offshore these tasks to developing markets.

And now, the implications of those decisions are being felt across supply chains. These metals are not only important in the context of battery production, but in many cases, are considered to be matters of national security.

The reality is that China has a chokehold over these metals and can control how much of each are exported to the world. And of course, its own country’s needs will be prioritized over others.

It’s great to have aspirational goals and objectives with regard to clean energy. My sincere wish is that we transition the entire power production infrastructure to clean energy produced from technology like nuclear fusion.

Sadly, these tax and spend stimulus packages have no chance of achieving their targets. “They” neglected the most basic and fundamental inputs required to meet stated targets.

Even worse, all of this spending will enrich a small number of vested interests, very wealthy individuals, and politicians… at the expense of normal taxpayers.

[Nomi Prins: 10x Gains on a Small Firm Disrupting a Critical American Industry]

Buy the Best EV Stocks at a Massive Discount…

July 28, 2022 By admin Leave a Comment

Here are seven stocks that could gain significant traction through the second half of 2022

The market selloff in tech stocks offers investors a golden opportunity to buy oversold EV stocks at their most attractive valuations in years.
ChargePoint (CHPT): The leading name in the electric vehicle charging space more than doubled its Q1 revenue year-over-year.
Fisker (FSR): The Fisker Ocean is expected to start production at the Magna plant in November 2022.
Lucid Group (LCID): The company announced plans for its first overseas manufacturing facility in Saudi Arabia.
Nio (NIO): Deliveries in June jumped 60% year-over-year.
Rivian Automative (RIVN): Management is confident about delivering its full-year goal of manufacturing 25,000 EVs in 2022.
Tesla (TSLA): Reported selling a record 78,906 electric vehicles in June from its Shanghai factory.
XPeng (XPEV): The company announced plans to launch its new flagship SUV, the G9, in September.

Oversold electric vehicle (EV) stocks is our topic for today. The market selloff in tech stocks has provided investors with a golden opportunity to buy high-growth oversold EV stocks at their most attractive valuations in years.

For instance, the Global X Autonomous & Electric Vehicles ETF (NASDAQ:DRIV) is down around 25% year-to-date (YTD) compared with an almost 18% decline in the benchmark S&P 500 index during the same period.

The boom in EV stocks is poised to accelerate in the coming years. The Global EV Outlook 2022 report by International Energy Agency highlights that in 2021, EV sales doubled year-over-year (YOY) to a new record of 6.6 million.

Almost 10% of global car sales were electric in 2021, four times the market share in 2019. Regular InvestorPlace.com readers will likely know growth in EV sales was primarily led by China, accounting for half of the growth.

With that information, here are seven oversold EV stocks that could gain significant traction through the second half of 2022:

ChargePoint Holdings (CHPT)

52-week range: $8.50 – $28.72

ChargePoint (NYSE:CHPT) is the market leader in the EV charging space. It has around 175,000 charging spots across Europe and North America and boasts a market share of over 65%.

On May 31, Chargepoint announced first quarter (Q1) fiscal-year 2023 results. Revenue came in at $81.6 million, increasing 102% YOY. Net loss declined to 27 cents per diluted share, down from 83 cents a year ago. At the end of the quarter, cash and equivalents stood at $541 million.

Revenue generated from networked charging systems came in at $59.6 million, representing an increase of 122% YOY. As Chargepoint continues to expand its network of charging stations, subscription revenues are expected to account for a higher portion of its total revenue.

Management forecasts to bring in revenues of $96 million to $106 million for the second quarter. Such an expansion would represent an increase of roughly 80% YOY.

CHPT stock was recently down 37% YTD. Shares are trading at 15.6 times sales. Meanwhile, the 12-month median price forecast for ChargePoint stock stands at $20.

[Alert: 1st Gas Station In America To No-Longer Offer Gas]

Fisker (FSR)

52-week range: $7.95 – $23.75

Next up on our list is Fisker (NYSE:FSR), a speculative, pre-revenue EV manufacturer. Fisker Ocean, set to start production in November 2022, is sold exclusively through the Fisker app, i.e., without a dealer network.

Wall Street was initially attracted to its asset-light business model based on contract manufacturing. However, declining investor appetite for pre-revenue companies have taken the focus away from companies like Fisker.

On May 4, Fisker issued Q1 metrics. Net loss came in at 41 cents per diluted share, down from a net loss of 63 cents a year ago. Cash and equivalents ended the period at $1.04 billion.

In Q2, the company announced the launch of its second vehicle, the Fisker PEAR. The new EV model is expected to start production in 2024 at Foxconn’s facility in Ohio. Fisker anticipates reaching an annual manufacturing capacity of 250,000 PEARs in the next couple of years. Additionally, the company plans to manufacture 50,000 cars in 2023 and triple its Ocean SUV model production by 2024. The automaker currently has over 40,000 reservations for the Ocean.

This speculative EV play was recently down 42% YTD. The 12-month median price forecast for FSR stock is $15.

Lucid (LCID)

52-week range: $13.25 – $57.75

Lucid (NASDAQ:LCID) focuses on luxury EVs and developing cutting-edge EV technologies. The vertically integrated company currently manufactures vehicles in Arizona.

The EV maker reported Q1 metrics on May 5. Revenue declined from $313 million to $57.7 million on deliveries of 360 vehicles to customers. Net loss declined to 5 cents per diluted share, down from $89.29 a year ago. Cash and equivalents ended the period at $5.43 billion. Management has reiterated its production volume outlook of 12,000 to 14,000 vehicles for 2022.

On May 18, Lucid announced plans for its first overseas manufacturing facility with its partners in Saudi Arabia. The new factory is expected to bring EV manufacturing to the country with a capacity of 155,000 units. The EV maker has also signed an agreement with the Saudi Arabian government to purchase 50,000 EVs with an option to buy additional 50,000 EVs any time within ten years.

So far in 2022, LCID stock is down 52%. Shares are trading at 394 times sales. Analysts’ 12-month median price forecast for Lucid Group stock is $33.

Nio (NIO)

52-week range: $11.67 – $47.38

Chinese EV group Nio (NYSE:NIO) has been focusing on the premium segment, including technologies in artificial intelligence (AI) and autonomous driving. Over half of the global EV sales come from China. Therefore, Nio’s quarterly metrics get Wall Street’s close attention.

On Jun. 9, Nio announced Q1 results. Revenue came in at $1.56 billion, up 24.2% YOY. Adjusted diluted net loss per share was 13 cents, compared with 3 cents in the prior-year quarter. Cash and equivalents ended the period at $8.4 billion.

Q1 vehicle deliveries grew 28.5% YOY, despite an increase in price for all EV models. Deliveries in June jumped 60% YOY to almost 13,000 vehicles, highlighting the auto industry’s rebound in China. Management expects to begin deliveries of its upcoming new ES7 SUV and revised versions of ES8, ES6, and EC6 SUVs in August.

Meanwhile, Nio is on track to expand its business in Europe beyond Norway to Germany, Sweden, the Netherlands, and Denmark in the coming months. Management projects Q2 revenue to increase by 10.6% to 19.4% YOY, supported by deliveries of 23,000 to 25,000 EVs.

NIO stock has lost about a third of its value this year. Shares are trading at 6.4 times sales. The 12-month median price forecast for Nio stock stands at $30.

[Exclusive: 1-Stock With Potential 10x Gains (Yes, Even In This Market)]

Rivian Automotive (RIVN)

52-week range: $19.25 – $179.47

Rivian Automotive (NASDAQ:RIVN) focuses on electric sport utility vehicles and pickup trucks. Its portfolio of vehicles includes the R1T electric pickup truck, R1S electric SUV, and Electric Delivery Van.

The EV manufacturer reported Q1 financials on May 11. Total production was 2,553 vehicles, generating a revenue of $95 million. Adjusted net loss declined to $1.43 per diluted share, down from $4.10 a year ago. Cash and equivalents ended the period at $16.97 billion.

At the end of Q1, the company boasted a solid backlog of more than 90,000 EVs between its R1T pickup and R1S SUV, as well as 100,000 orders for its commercial delivery van from Amazon (NASDAQ:AMZN).

In Q2, Rivian ramped up production with 4,401 vehicles and delivered 4,467 EVs. Management is confident it can deliver its full-year goal of manufacturing 25,000 vehicles in 2022. However, Wall Street is not fully convinced that Rivian can produce at twice the Q2 rate in the second half of the year. Otherwise, Rivian’s full year goal is not attainable.

RIVN stock was recently down nearly 71% YTD. Shares are trading at 192 times sales. Wall Street’s 12-month median price forecast for Rivian stock stands at $45.

Tesla (TSLA)

52-week range: $620.57 – $1,243.49

Tesla (NASDAQ:TSLA) is currently the global leader in the EV space with a market share of over 60% stateside. However, recent research warns “Tesla’s US EV market share will plummet to just 19% by 2024.”

Tesla issued Q1 results on Apr. 20. Revenue jumped 81% YOY to $18.8 billion. Adjusted earnings came in at $3.22 per diluted share compared to 93 cents a year ago. Cash and equivalents ended the period at $17.51 billion.

Recent pandemic lockdowns in Shanghai have suspended production at Tesla’s most profitable plant. In June, the plant resumed production and sold a record 78,906 vehicles from its Shanghai factory. But in Q2, Tesla delivered only 254,695 vehicles. Before the lockdowns, estimates had been for 350,000 EVs.

Meanwhile, supply chain disruptions have also decreased production at Tesla’s new factories in Germany and Texas. Wall Street is paying close attention to those two new Tesla plants. They should help the EV maker reach the multi-year 50% annual production growth target.

TSLA stock was recently down almost 34% YTD. However, it is still richly valued at 65.8 times forward earnings and 13.7 times sales. Analysts’ 12-month median price forecast for Tesla stock is at $950.

XPeng (XPEV)

52-week range: $18.01 – $56.45

China-based XPeng (NYSE:XPEV) has become highly popular among the growing base of technology-savvy middle-class consumers in the country. Therefore, many analysts watch metrics from XPeng and Nio together. For instance, in June, “XPeng logged a bit more (15,295), but NIO also had a solid month (12,961).”

The EV maker released Q1 financials in late May. Revenue increased 152.6% YOY to $1.18 billion. Adjusted net loss stood at 28 cents per diluted share, up from 13 cents a year ago. Cash and equivalents ended the period at $6.58 billion.

In June, XPeng announced it had reached a milestone of 200,000 cumulative smart EV deliveries. It will also launch a new flagship SUV, the G9, in September.

In 2022, XPEV stock was recently down nearly 42%. Shares are trading at 7.1 times sales. The 12-month median price forecast for Xpeng stock stands at $36.85.

[Nomi Prins: 10x Gains on a Small Firm Disrupting a Critical American Industry]

On the date of publication, Tezcan Gecgil, Ph.D., did not have (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com Publishing Guidelines.

Invest in the Next Tesla with these Top EV Stocks

June 13, 2022 By admin Leave a Comment

These top Chinese electric vehicle stocks are among the best options to consider for value, performance, and growth.
XPeng (XPEV): This EV stock enjoys an edge when it comes to vehicle deliveries.
Li Auto (LI): This stock can benefit from robust domestic demand growth for EVs.
Nio (NIO): Impressive growth numbers pose commendable long-term potential.

As far as top electric vehicle (EV) stocks go, Tesla (NASDAQ:TSLA) is the undisputed leader. The capital appreciation upside Tesla has provided since its public listing has been remarkable. In many ways, this EV maker provides the gold standard upon which other EV stocks are evaluated. Unfortunately, there isn’t a real competitor to stack up against Tesla right now. At least, not in terms of the speed of growth and scale Tesla has achieved.

That said, there are a few companies operating in global markets that I think are worth considering. I have chosen three Chinese electric vehicle stocks I think have promising upside. There’s good reason for this.

First, China is the fastest-growing EV market in the world. Even the great Tesla has set up manufacturing capabilities in China. Global EV sales reached 4.2 million units in 2021. Additionally, this market is projected to reach $823.75 billion by 2030. That’s some impressive growth potential. Second, Chinese aspirations to become the leader in key tech sectors favors Chinese-based electric vehicle stocks.

With that said, here are three of the companies I think are worthy of consideration at these beaten-down levels:

Top Electric Vehicle Stocks: XPeng (XPEV)

XPeng (NYSE:XPEV) is one of the fastest-growing EV companies based in China. The company’s delivery track record and revenue production are incredibly compelling. Further, its international expansion plans will be a growth driver for the company.

[New Battery Breakthrough: Could Revolutionize the $2 Trillion Automotive Industry]

XPeng recently posted quarterly results on Mar. 28, beating analysts’ estimates. Its revenue increased by 200% year-over-year, reaching $1.3 billion. The company did not post a profit during this quarter, which was expected. However, the net loss that XPeng generated was comparatively lower than what was estimated. Unsurprisingly, the market took a liking to XPEV stock following these stronger-than-expected results.

Furthermore, during the fourth quarter (Q4), XPeng delivered as many as 42,000 vehicles. For a company which is not yet profitable, this is a rather tempting figure. The company is also expected to reap the benefits from European expansions. Europe is currently the largest EV market globally, with China quickly catching up. Thus, this is an enticing EV stock to consider at these levels.

Top Electric Vehicle Stocks: Li Auto (LI)

Founded in 2015, Li Auto (NASDAQ:LI) manufactured and rolled out its first SUV in 2019, which was named the Li ONE. Since then, it has delivered over 110,000 vehicles.

During its Q4 2021 earnings report, the company surpassed analysts’ expectations. It posted sales worth $1.67 billion, which represented a 156% increase year-over-year. Additionally, this EV maker also reported strong earnings per share of 11 cents.

Furthermore, Li also provided investors with its second consecutive year of revenue growth. As the company ramps up production capacity and releases its second model, investors have a lot to look forward to. Indeed, Li’s management team believes 2022 will be another stellar year for Li Auto. It is hard to disagree with this view. Though, the company’s executives did lower Li’s guidance for the upcoming quarter.

Nonetheless, as per guidance, Li is expected to deliver as many as 31,000 vehicles during Q1 of 2022. Additionally, it is expected to post sales worth $1.43 billion. These numbers tell a compelling story for investors looking for “the next Tesla.”

[Exclusive: Company Pioneering this New Battery could be the Investment of a Lifetime]

Top Electric Vehicle Stocks: Nio (NIO)

Nio (NYSE:NIO) focuses on key markets in Hong Kong, China, Germany, the U.S. and the U.K. Accordingly, Nio is a more international play as far as China-based electric vehicle stocks go. In Asian markets, however, Nio continues to be a major player. Nio is among the leading pure-play EV makers in China. If the Chinese government is looking for a poster child for innovation, Nio would likely win this accolade.

There’s a lot to like about NIO stock, including the company’s global aspirations. This company received impressive accolades, with the European Whole Vehicle Type Approval being bestowed on Nio for its ES8 model. This approval means that NIO can now enter the European market to produce and mass market its vehicles.

Over the long-term, I think all three of these companies are worth considering. Which Chinese EV maker will ultimately win out remains to be seen. However, in my view, owning a basket of these three stocks could be a great idea for investing in this sector.

[Exclusive: Andy Snyder – “The New EV Stock Set to Overtake Tesla”]

This “Tiny” Tech will have a Huge Impact on Energy and Beyond…

May 4, 2022 By admin Leave a Comment

Just How Small Is Nano?

Throughout the 20th century, engineers tried to make things smaller. After all, the smaller a piece of hardware, the less time it would take for the electrons to go from one place to another.

And so, for example, we’ve seen the computer go from the size of a room to the size of your back pocket…

As a result, electronics have become lighter, cheaper, and more efficient. So this approach made sense.

But nanotechnology takes the opposite approach. It’s about engineering things from a molecular level. It’s about building things from the bottom up, atom by atom… manipulating matter on the nanoscale.

So how small is nanoscale, exactly?

Let’s break it down…

A centimeter is one-hundredth of a meter… There are 100 centimeters in a meter.

A millimeter is one-thousandth of a meter… There are 1,000 millimeters in a meter.

A nanometer is one-billionth of a meter. There are 1 billion – 1,000,000,000 – nanometers in a meter.

For perspective, one strand of human hair is 50,000 to 100,000 nanometers wide.

So, we’re talking microscopically small.

But this “tiny” technology will have a huge impact…

[New Battery Breakthrough: Could Revolutionize the $2 Trillion Automotive Industry]

This Revolutionary Technology Will Change Lives

Nanotech applications have an almost infinite variety of uses in virtually every field.

One of the most promising applications is medicine.

Doctors could send nano machines through your arteries to clear plaque. This could help prevent heart attacks and strokes.

These machines could repair damage within every single cell in a human body. They could even assemble new organs to replace aging ones – with perfect precision.

And they could be used to deliver drugs – chemotherapy, for example – on a targeted basis.

But nanotechnology has applications outside of healthcare, too.

Nanomachines could help solve environmental problems by breaking down pollutants and toxins. They could even reassemble them into useful materials.

And nanotechnology is revolutionizing manufacturing as well.

In 2004, scientists at the University of Manchester isolated a layer of carbon just one atom thick. This is called graphene.

Graphene is the thinnest material known to man. It is six times lighter than steel, but 200 times stronger. Adding a miniscule amount of graphene to concrete can reduce the amount of concrete needed in construction by up to 20%.

And graphene is almost entirely transparent. It absorbs only 2% of light. It can be used as a non-reflective covering for solar cells. This helps solar panels absorb much more energy.

The field of nanotechnology is progressing at breakneck speed. It is being incorporated into areas as diverse as clothing, furniture, paint, and computer processors.

And as I show in the next section, research into nanotech is escalating.

So we can expect to hear a lot more about this fast-moving field in the coming years…

Big Money Is Flooding Into Nanotech

Globally, the nanotech market has taken off in recent years. As you can see from this chart, the overall nanotechnology market has nearly quintupled in value since 2010. In 2021, it was worth $85.4 billion.

And it’s growing rapidly. It could reach $289 billion by 2030, according to market research company Precedence Research. That’s an increase of roughly 240% from 2020.

One of the things that ensures growth in any market is continuous patent development.

Patents are often used by companies to show investors they have the exclusive rights to the product they’re developing. Defending this intellectual property (IP) with a patent is critical in the nascent nanotechnology industry.

The U.S. Patent and Trademark Office (USPTO) is the most popular patent register worldwide. Most companies (U.S.-based and non-U.S.-based) register their patents there.

In 2021, a total of 23,750 nanotechnology-related patents were registered with the USPTO. This has been growing steadily in recent years, as you can see from this next chart…

[Forever Battery: The Best EV Stock as Solid-State Batteries Fuel a 1,500% Surge in EV Sales]

Most of these were registered by organizations in the U.S., China, South Korea, Japan, and Taiwan.

There is huge interest in nanotechnology from some of the tech industry’s biggest champions.

Leading the way are tech giants IBM, Samsung Electronics, and Intel. Combined, the three tech giants had 1,666 nanotech patents in 2019. This was up from a combined 556 patents between them at the start of the decade.

And the U.S. government is also investing heavily in this sector. In 2021, it spent about $1.7 billion on nanotech research & development (R&D) via its National Nanotechnology Initiative (NNI). And it is poised to spend about $2 billion this year.

In fact, since its inception in 2001, the NNI has invested more than $30 billion in nanotech R&D. It has helped develop nanotech applications in areas as diverse as energy, aerospace, sporting goods, agriculture, vaccine development, and consumer electronics.

Public and private investment will drive this ground-breaking technology in the years to come. The nanotech megatrend will revolutionize multiple industries.

And it will create economic value worth trillions of dollars in the process.

How to Get in On This Revolutionary Trend

The best way to get exposure in your portfolio is to buy shares in nanotech-related companies. Unfortunately, many such companies are small, private, and have little-to-no revenue.

So even if you can find any to invest in, they come with a degree of risk only suitable to those with a taste for the higher-stakes table.

A somewhat less risky way would be to buy shares of ProShares Nanotechnology ETF (TINY).

It’s a straightforward investment you can access in your regular brokerage account. As an exchange-traded fund (ETF), it also carries less company-specific risk than investing in individual companies.

But with just $2.7 million of assets under management, it’s tiny. This means there will be considerably lower trading volume than you might see in other ETFs in your portfolio. And because the ETF is so small, you’ll likely have to stomach some volatility.

If this isn’t your cup of tea, you can consider investing in a company like IBM (IBM). It’s a blue-chip technology company with stable profits.

It has invested significant resources in innovation to position itself as a leader in nanotech.

Happy investing, and I’ll be in touch again soon.

Regards,

Nomi Prins
Editor, Inside Wall Street with Nomi Prins

[Don't Miss: Tim Bohen – Last Call Before Elon’s “Project X” SHOCKS the World (Again)]

Game-Changing EV Battery Swap Company Goes Public

April 19, 2022 By admin Leave a Comment

A SPAC You Will Want to Watch

SPACs have had their fair share of rises and falls these past few years. In 2020, it was mostly up. But since then, the IPOX Spac Index lost 16% in 2021 and is down another 8% so far this year. But things seem different with Gogoro. The company is reimagining the way people use and share energy.

With energy shortages becoming a concern, GGR stock offers a solution fit for the future. For one thing, Gogoro is using its innovative tech to make way for clean energy in populous cities.

With this in mind, Senior Research Analyst Ryan Citron from Guidehouse Insights says: Battery Swapping is emerging as a breakthrough technology that could greatly accelerate the adoption of light electric vehicles. Most important, battery swap networks can eliminate range anxiety, reduce upfront vehicle costs and address consumer concerns around slow EV charging.

This sounds like a game-changing technology worthy of landing on your watchlist.

[Breakthrough: Andy Snyder – “The New EV Stock Set to Overtake Tesla”]

“Powering 95% of All-Electric Two Wheelers”

Gogoro launched its battery swap service in 2015, and it’s already the go-to option for two-wheel vehicles in Taiwan. For example, Gogoro battery swap is the power behind 95% of all-electric two-wheelers in Taiwan.

Yes, that’s a whopping 95% in a city with over 23.8 million people. Not only that, but the company is expanding rapidly into other major territories such as China (1.4B residents), India (1.4B) and Indonesia (278M).

However, these nations have something else in common. They are also some of the most polluted countries worldwide in 2022.

No. 5 India
No. 6 Indonesia
No. 11 China

So, GGR stock has a massive opportunity to expand its product into the most populated nations in need of clean energy.

How a Battery Swap Service Works

You might be wondering how does a battery swap service work? Well, the idea is fairly simple.

Like going to the gas station, customers pull up to one of over 2,300 GoStations.
Then, upon arrival, users can swap their drained battery for a newly charged one.

The process is much quicker than the typical EV charging session. Even a Tesla supercharger takes 15 minutes, giving up to 200 miles.

Swapping batteries makes more sense. Rather than waiting for a half-charged battery, users can receive a fully charged one in seconds.

Scroll to the bottom to see if GGR stock is right for you.

Why GGR Stock Is Worth Watching

Besides going public just this past week, Gogoro is also located mainly in Taiwan at this point. So, if you don’t recognize the name yet, you’re not alone.

But what you may not know is that the company makes its tech available for use through its Powered by Gogoro Network (PBGN). The PNGN allows partners to use the battery tech to build their own two-wheel EVs, which can then use the swapping stations, promoting an EV ecosystem.

[Don't Miss: Tim Bohen – Last Call Before Elon’s “Project X” SHOCKS the World (Again)]

Think about it:

If a company can build a cheaper EV model using Gogoro’s network, then why not?

For this reason, the firm is partnering with companies in major metro areas. For example:

Yadea & DCJ in China (Two of the world’s top electric scooter companies).
Hero MotoCorp in India (the world’s largest manufacturer of motorcycles and scooters).
Electrum in Indonesia (The world’s third largest two-wheel market).

Furthermore, PBGN powers products from Yamaha, Aeon Motor and PGO.

Gogoro Stock Flying Under the Radar?

If you are saying, okay, this sounds great and all, but why is GGR stock down over 40% already. For one thing, EV stocks are down significantly this week. Tesla is down 10%, Lucid Group (Nasdaq: LCID) is down 14% and NIO (NYSE: NIO) 15%.

Yet this doesn’t explain why Gogoro is falling further than the overall market. Looking at the company’s short price history, there was major selling on Monday, April 11.

A possible explanation for this is private market investors selling a part of their GGR shares as the company goes public. At the same time, investors are nervous about jumping back into growth stocks with popular ETFs like ARK Innovation (NYSE: ARKK) down over 50% in the past year.

And lastly, with investors focusing on other sectors such as energy and cyclical, is GGR stock overlooked? Or, it might be due to increasing competition. Both NIO and CATL (Tesla battery supplier) are starting their own battery swap services.

One Last Thought: Is GGR Stock the Right Investment for You?

Nobody can deny the limitless potential this tech can bring to the over $280B EV market. Not only that, but Gogoro is bringing clean energy to markets in desperate need of it.

Most important, Gogoro is rapidly growing its addressable market. Although two-wheel vehicles are not as popular in the west, they are huge in Asia and are expected to continue growing steadily. In fact, new research shows the two-wheel vehicle market is forecast to grow at an annual compound rate of 8.63%.

Gogoro’s battery swap service can help speed up the growing need for EVs worldwide. At the same time, while the firm expands its position, profits are likely a way out. Revenue dipped in 2021 due to less government support. But, as the firm gains momentum, they expect sales to accelerate significantly.

Think of Gogoro as a battery-as-a-service model. Though electric scooters are carrying the sales right now, the battery swap subscription is quickly accelerating. And on top of this, licensing fees are starting to pile up.

With this in mind, the company expects revenue to grow 52% year-over-year YOY in 2022, 85% in 2023 and another 85% in 2024. If this is the case, GGR stock is severely undervalued at these levels.

Then again, these are very early projections. We will see a clearer picture as the company progresses this year. GGR stock may be worth taking a bet for risk-takers looking to get in on the ground floor.

[Exclusive: Louis Navellier – The #1 Electric Vehicle (EV) Battery Stock of 2022]

The Real Cost of the Clean Energy Transition

January 19, 2022 By admin Leave a Comment

In Focus:

Global Coal Consumption
The difference between valuation and monetization…
How much are we willing to pay?
Solutions already exist…

A reckoning in the energy sector is coming. One that is recursive and counterproductive. One that involves an increasing dissonance between intentions and actions.

It isn’t about how we will ultimately change our energy consumption, the “Big Shift” long prophesied. History's long arc will pan out one way or another. The problem is the idealized timeline we're being sold has nothing to back it up, and a chaotic transition is happening.

How much can we truly accomplish if we continue to tepidly attempt to replace historically cheap, abundant energy earlier than we absolutely have to? Can we admit how long it will take and how much it will demand of us?

We stare from one peak to another on the horizon. The path is steep and fraught with peril. We think the valley between is easy to traverse.

[The Forever Battery: Making Gas Guzzlers Obsolete]

We are woefully wrong.

Global coal consumption is surging even as it falls in developed nations. The two nations that hold over a third of the global population — China and India — will never stop buying more coal as long as it is cheaper than anything else. It will be.

The situation with natural gas is unsustainable in many corners of the world. No one is selling into the spot or contract-based markets in any way that will move prices down where natural gas costs the most. Even then, shipping it from producers to the neediest markets involves supply lines with little excess capacity.

For similar reasons, oil is sitting around $80 per barrel with little expectation of a meaningful drop in the foreseeable future.

In spite of the rapid percentage gains for EVs and renewables, they are a mere fraction of the larger equation. Ever-increasing energy demand wears away at any gains they make. The mining pollution and baked-in costs for “zero carbon” tech has revealed many companies as shams at worst and “lesser evils” at best.

We are insatiable.

What we’re really starting to reckon with is the difference between theory and application, valuation and monetization. The transition from lab to foundry, scientists to engineers, and viability to profitability.

We face endless issues we choose not to address that are destined to delay, diminish, and thus doom. All the sweeping proclamations from marble parapets by politicians do nothing.

The problem is our “Plan B” or lack thereof. If we buy into this concept that there is a single path forward, an approved list of power sources instead of a flexible mix, we will adhere to dogma instead of demand. We will vilify what we should embrace and further entrench this hypocrisy.

[New Battery Breakthrough: Could Revolutionize the $2 Trillion Automotive Industry]

We have barely begun to stress the system we have today, and the inflation is breaking nearly everything.

We were cajoled with dulcet tones through all means of media that this could be solved by a redistribution of capital, one way or another. The tenured residents of the ivory towers were confident that there was plenty of padding for any contingency. Some chose to think it would happen through the free market. Some chose to think that government-dictated mandates would herd us to a brighter future.

Both have been proven wrong. We're learning we should have worried far more about the transition. This should not be much of a surprise. Assumptions and idealism from the top down have always been divorced from reality in the energy sector.

How much are we willing to pay? Not just in dollars or euros or rupees or yuan. How much can this transition consume as inflation, and scarcity, and the reality of day-to-day costs fall short of best case scenarios?

These are the questions we must answer now, and few that intend to demand more of us are willing to address them or what they imply.

A society that depends on a lack of change — an assumption that what it exploits will remain static — is a decadent one.

It will cannibalize itself until it doesn’t have the energy or drive — figuratively or literally — to follow a different path. History is replete with once vibrant and thriving times that could not persist because what seemed like constants ended up being variables.

This is the reckoning we face in 2022, then the next year, then the next. Ever-increasing until we do something, anything, to reduce the pressure in a meaningful way.

There is a real cost if we continue to fail to address the realities we face, and it increases the longer we delude ourselves.

Solutions already exist, but they need time, money, and effort. Will capital markets properly reward them? Will investors fund them and reward their progress?

That we shall see. We will fall short in many ways, I'm sure. Our track record all but proves it.

2022 can be a pivotal year for the stock market to prove it can carve a path forward for the energy sector as central planners continue to fall short. We shall see if it does.

Take care,

Adam English

[Exclusive: Company Pioneering this New Battery could be the Investment of a Lifetime]

China

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XPeng (XPEV)

Polestar Automotive (PSNY)

Volvo (VLVLY)

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Of Course, I Mean That in the Best of Ways

It’s the Gas Devil You Know Versus the Electric Devil You Don’t

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A Double-Edged Sword

Is Lithium Already Dead?

To Gain the Most, Buy Early

The Best-Kept Secret in Tech?

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ChargePoint Holdings (CHPT)

Fisker (FSR)

Lucid (LCID)

Nio (NIO)

Rivian Automotive (RIVN)

Tesla (TSLA)

XPeng (XPEV)

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Top Electric Vehicle Stocks: XPeng (XPEV)

Top Electric Vehicle Stocks: Li Auto (LI)

Top Electric Vehicle Stocks: Nio (NIO)

In this Article

Just How Small Is Nano?

This Revolutionary Technology Will Change Lives

Big Money Is Flooding Into Nanotech

How to Get in On This Revolutionary Trend

In this Article

A SPAC You Will Want to Watch

“Powering 95% of All-Electric Two Wheelers”

How a Battery Swap Service Works

Why GGR Stock Is Worth Watching

Gogoro Stock Flying Under the Radar?

One Last Thought: Is GGR Stock the Right Investment for You?

In Focus: