Robert Way It hasn’t been a poor start to Q1 2024 for China’s electric vehicle [EV] company NIO (NYSE:NIO), with a dramatic 52% year-to-date [YTD] price fall after it already saw a 7% decline in 2023. As disappointing as this is, the performance needs to be seen in the context of the sector as a…
PhonlamaiPhoto Potential has a shelf life.”― Margaret Atwood, Today, we put American Battery Technology Company (NASDAQ:ABAT) in the spotlight. The company came public late in 2020. Like most IPOs/SPACs that debuted in 2020/2021 in this space when interest rates were basically zero, the stock has destroyed a massive amount of shareholder value to date. Competitor…
PhonlamaiPhoto There has been something of a lithium gold rush happening. As the price of lithium has been through a massive spike collapse in the last three years, many lithium explorers have come onto the scene. There are now many companies looking for lithium. A few of the geographical hotspots are Quebec Canada, Western Australia,…
Just_Super By Christopher Gannatti, CFA and Mobeen Tahir In 1991, Sony (SONY, OTCPK:SNEJF) ushered in a new era of growth in consumer electronics by first commercializing a rechargeable lithium-ion (li-ion) battery. Sony’s camcorders were among the first devices to make use of the technology. Since then, li-ion batteries have become so ubiquitous that today, we…
As a result of all the challenges faced by Tesla, its long-time partner Panasonic is also bearing losses. It has lowered its full-year operating profit forecast for its battery unit to ¥115 billion ($771 million) from ¥135 billion, as the demand for Tesla EVs in North America slowed down. Shares of Tesla Inc (NASDAQ: TSLA) have…
AITO, Deepal, AVATR, IM Motors, HiPhi, Rising Auto, Voyah, Polestar and Hongqi. Chinese EV brands Robert Way/iStock Editorial via Getty Images The Polestar (NASDAQ:PSNY) brand may be familiar to investors of a certain age who recall that it was created as a racing enterprise and then acquired by Sweden-based Volvo Cars in 2015. Volvo by…
Wirestock Listen below or on the go on Apple Podcasts and Spotify Ford (F) pauses construction on giant electric vehicle battery plant in Michigan. (00:26) Costco (COST) members get access to online medical visits in Sesame deal. (01:20) Government shutdown will be ‘credit negative’ on U.S. sovereign rating: Moody’s. (02:03) This is an abridged transcript…
Patcharapong Sriwichai In my ongoing endeavor to scrutinize all the major stocks linked to energy storage and solid or semi-solid state batteries, I recently turned my attention to FREYR Battery (NYSE:FREY). Intriguingly, on paper, FREY’s valuation is twice that of Solid Power (SLDP), even though both companies are still in their pre-revenue stages. Given this,…