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Banks pick their favorite battery stocks and Goldman Sachs loves one

Goldman Sachs loves one EV stock for its battery innovation – and it also makes the bank’s conviction list of top buy-rated stocks. HSBC has named energy storage companies as its top conviction themes. BYD (Chinese electric vehicle) company is rated buy by Goldman because of its innovative battery technology. It was described as market-leading […]

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EV battery stocks to buy as competition heats up, Bernstein says

While automakers have been investing more in EV batteries production, Bernstein believes that pure-play stocks of EV batteries will still be the dominant. “Vertical Integration by Auto OEMs” [original equipment manufacturer]The risk of upstream battery production poses a threat to pure-play battery manufacturers and is being discussed more frequently due to some industry investments,” Bernstein […]

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Electric carmakers in China hike prices on rising material costs

A Tesla store opened in Shanghai (China) on December 4, 2021. Customers can experience the new electric vehicle. Future Publishing | Future Publishing | Getty Images As raw material costs rise, a number of Chinese electric vehicle manufacturers have had to increase the price of their vehicles. Some businesses like TeslaWarren Buffett-backed BYDAnalysts said that […]

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Here’s the full list of the best-selling electric cars in China for 2021

A Neta V electric car (Nezha), is displayed at the Hozon Auto stand, during an auto fair in Tianjin on October 4, 2021. Getty Pictures| Visual China Group | Getty Images BEIJING — TeslaAnd BYDChina’s market leader in electric cars in China, in 2021, was OPEC. But new rivals emerged in the face of smaller […]

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Chinese electric car start-up Nio reveals a new sedan AR VR glasses

Delivery of Nio’s electric sedan et5 is scheduled for Sept. 20, 2022. Nio BEIJING — Chinese electric car company NioA new sedan was unveiled Saturday along with customized AR glasses. They reduce the requirement for car screens. Augmented reality allows you to place digital images above the physical world. The tech allows drivers to focus […]