The battery storage market is "ready for prime time" according to Goldman Sachs, and with huge growth potential companies across sectors stand to benefit.
Tag: BYD Co Ltd
Chinese Tesla rival Xpeng wants to sell half of its cars overseas
He Xiaopeng is the CEO of Xpeng and stands alongside the electric P7 sedan, as he speaks to media on the 2020 Beijing automobile show. Evelyn Cheng | CNBC BEIJING — Chinese electric car start-up XpengVice president and Chairman Brian Gu stated Wednesday that the company plans to be a global automaker with 50% of […]
Batteries are the ‘new oil’ says Morgan Stanley — Here are stocks for every part of the supply chain
On Tuesday, July 20, 2020, the Albemarle Corp. Lithium Mine in Calama (Antifagasta Region, Chile) will have brine pools. Getty Images| Bloomberg | Getty Images According to Morgan Stanley, the global battery economy will transform supply chains and establish a new industrial order. Much of the attention surrounding electric vehicles focuses on the car companies […]
This battery tech ETF is up 100% this year
An individual attaches a charger plug to a General Motors Co. Chevrolet 2017 Volt hybrid electric automobile (EV), at a Jeju station. SeongJoon Chu | Bloomberg | Getty Images The rising demand for electric cars has resulted in a surge in the price of battery metals. Some exchange traded funds have started to cash in. […]
Chinese consumers pick favorite electric cars from China, US, Germany
Stephan Wollenstein (CEO of Volkswagen China) presents the ID.6 Crozz electric vehicle at the Shanghai International Automobile Industry Exhibition, April 19, 2021. Hector Retamal | AFP | Getty Images BEIJING — When it comes to their favorite electric car brand, Chinese consumers’ top choice is Warren Buffett-backed BYDAccording to Bernstein’s survey, it was 8%. Elon […]
What to look for as Chinese EV makers like BYD, Nio, Xpeng roll out earnings
The Han electric vehicle by BYD, seen here at the Shanghai 2021 auto show in Shanghai, China, is among the most sought-after new vehicles in China. Evelyn Cheng | CNBC China’s top-loved electric car manufacturers are expected to announce their quarterly earnings in the next few days, starting with BYDOn Thursday. Here are some things […]
Tesla Xpeng Nio BYD are best-selling electric cars in 2021
A Tesla salesperson talks to a customer (L) as they ride in a Tesla Model Y vehicle at a Tesla showroom near Beijing, January 5, 2021. Wang Zhao | AFP | Getty Images BEIJING — TeslaAccording to industry data, the best-selling models of electric cars in China occupied two of the three top spots. This […]
Evergrande New Energy Vehicle says to roll out electric cars in 2022
Folks stroll by an unopened store for Evergrande’s electrical automobiles over the past day of the Nationwide Day and Golden Week holidays on October 7, 2021 in Wuhan, Hubei province, China. Evergrande, China’s largest property developer, is going through a liquidity disaster with complete money owed of round $300 billion. The issues confronted by the […]
China’s Xpeng, Nio make 100,000 electric cars in less time than Tesla
Xpeng Motors launched the P5 sedan during an event held in Guangzhou (China) on April 14, 2021. The P5 sedan is Xpeng Motors’ third model in production and uses so-called Lidar tech. Arjun Kharpal | CNBC BEIJING — China’s electric car companies are racing to ramp up production, faster than Tesla did in its early […]