1. XPeng's deliveries are rising due to the Mona M03 and P7+ models; 2. XPeng's vehicle margins are still lower than Li Auto and NIO; 3. XPeng's Q4 delivery guidance is strong with a projected 51% year-over-year growth.
Recent #electric vehicles news in the semiconductor industry
➀ EV sales in Q3 2024 increased by 19.3% year-on-year, with 4.123 million units sold; ➁ Tesla held the top position with an 18.5% market share, followed by BYD with 17.5%; ➂ Chinese brands Leapmotor and Chery made notable gains in global BEV sales.
1. General Motors is highlighted as a top pick for 2025 due to its improving EV momentum, attractive valuation, and solid financial performance. 2. The article discusses the Dean's List of companies with top grades across Seeking Alpha's Quant factors. 3. The author, Joseph E. Jones, compares the performance of General Motors with other companies on the list, such as Tenet Healthcare and Discover Financial Services.
1. NIO reported better-than-expected Q3 earnings with record deliveries and improved vehicle margins; 2. The EV maker is experiencing strong momentum for its ONVO-branded EVs and expects significant delivery growth until March 2025; 3. NIO aims for break-even by FY 2026, with shares currently undervalued.
➀ Infineon and Stellantis are collaborating on the power architecture for Stellantis' electric vehicles, signing major supply and capacity agreements. These agreements cover Infineon's smart power switches, SiC semiconductors, and AURIX microcontrollers. ➁ The partnership will establish a Joint Power Lab to define the next-generation scalable and intelligent power architecture. ➂ Infineon's facilities and partnerships, including its SiC fab in Malaysia and joint ventures with TSMC and ESMC, will support the increased demand for auto ICs.
1. President Trump proposes up to 10% universal tariffs on US imports; 2. The EU implements new tariffs on electric vehicles from China; 3. U.S. worker strikes, lower EV demand, and cheaper Chinese alternatives impact automakers; 4. Tesla's Q3 earnings show improvement, but cost challenges persist; 5. GM is the #2 EV seller in America, showing resilience amidst trade disruptions.
➀ Discuss the most common misconceptions about EV batteries; ➁ Explore the wireless BMS as a promising new technology in the EV industry
➀ Discussing the challenges faced in electric-vehicle charging infrastructure; ➁ Analyzing the impact on energy consumption and sustainability; ➂ Exploring potential solutions and future developments in the field.
➀ Stockholm has launched the world's first electric hydrofoil ferry, the Candela P-12 model 'Nova'. It completes a 15 km route in under 30 minutes, reducing travel time by half compared to conventional boats. ➁ The 'Nova' runs on 100% renewable electricity, with minimal noise and high efficiency. It requires no costly dock infrastructure, charging at a regular car fast charger. ➂ The ferry will operate until the waters freeze in autumn 2024, resuming service in spring and continuing through August 2025.
1. Maintain a 'buy' recommendation for Tesla after the stock closed 22% higher following 3Q24 earnings; 2. GAAP gross margin exceeded expectations at 19.8%, marking the second consecutive margin expansion; 3. Management forecasts a 20%-30% increase in vehicle production and a significant increase in Cybercab production by 2026.
1. The utilities sector has surged 28% YTD, driven by AI data center energy demand and increasing EV adoption; 2. Utilities with nuclear power could benefit as tech giants seek clean energy; 3. A resurgence in natural gas-fired plants is underway with 200 facilities under development; 4. SA Quant has identified four top-rated utilities stocks with strong buy recommendations.
1. The author initially rated Rivian 'Sell' in 2021 and upgraded to 'Buy' in July 2024, acknowledging his early and incorrect assessment. 2. Rivian's Q2 2024 results showed significant gross profit losses and production disruptions, leading to a downgrade of future earnings estimates by Wall Street. 3. Despite a strong cash position from the VW deal, Rivian's continuous cash burn and deferred break-even projections raise concerns. The challenges in growth and profitability, along with increasing EV competition, make it difficult to maintain a bullish stance. The author downgrades to 'Hold' based on fundamentals not supporting a bullish stance.
➀ China's electric vehicle market captures 66% of the global market with a monthly sales record of 1.1 million vehicles in September 2024;
➁ China's market share in the global electric vehicle market reached 720,000 vehicles from January to September 2024, with a year-on-year growth rate of 35%;
➂ China's electric vehicle industry faces the issue of over-reliance on imported chips, with more than 90% of chips being imported, and the dependency rate of computing and control chips reaching 99%;
➃ The Chinese government plans to increase the proportion of domestically purchased auto chips to 20%~25% by 2025.
➀ Japanese companies are ramping up mass production of GaN power semiconductor devices for electric vehicles to increase range, although high costs remain a barrier.
➁ GaN is competing with SiC for applications in electric vehicle power semiconductor devices.
➂ GaN has very low power loss, which could reduce the charging time for electric vehicles from 90 minutes to 5 minutes.
➃ Companies like Sumitomo Chemical and Mitsubishi Chemical are investing in large diameter substrates to lower production costs.
➄ Toyota Synchro Corporation is working on integrated development from seeds to substrates and devices.
➅ Shin-Etsu Chemical is developing 300mm substrates for horizontal devices and 200mm substrates for vertical devices.
➆ GaN devices have a market size of over $2.3 billion in 2030, expected to grow from $220 million in 2023.
➀ Forge Nano announced a $10M investment from GM Ventures to enhance its Atomic Armor platform technology for battery materials. ➁ The company plans to expand its battery material coating business and semiconductor footprint. ➂ GM and Forge Nano signed a strategic partnership to potentially utilize high-throughput Atomic Armor equipment for GM's EV battery cells.
1. I am initiating NIO stock with a buy for mid- to long-term investors; 2. I expect to see an upside surprise for NIO in 2025 as the company finds a stable footing in Beijing's stimulus plan; 3. NIO's Battery-as-a-Service (BaaS) position and its close ties with the Chinese government are highlighted as positive factors.
➀ STMicroelectronics has unveiled its fourth-generation STPOWER silicon carbide (SiC) MOSFET technology; ➁ The technology is designed for traction inverters in electric vehicles (EVs), offering improved power efficiency and power density; ➂ The new SiC MOSFETs are particularly beneficial for next-gen EV traction inverters, improving performance and energy savings.
➀ BYD, the world's leading NEV manufacturer, has become the market leader in Hungary's BEV segment for July, August, and September 2024; ➁ Sold over 1,000 BEVs in the first nine months of 2024; ➂ Achieved a 22.7% market share of BEV passenger car sales in September; ➃ The Atto 3 and Seal are the best-selling models; ➄ Planning to launch three new models in Hungary; ➅ BYD aims to build a nationwide dealer network in Hungary; ➆ BYD's Seal U DM-i is a new plug-in hybrid SUV.
1. Lithium Americas stock is rated 'Buy' with a 24-36 month horizon due to oversold levels and the potential of Thacker Pass asset. 2. Macroeconomic headwinds are easing, and global interest rate cuts are expected to boost EV sector growth and lithium demand. 3. Thacker Pass is poised for significant cash flow with fully financed capex and strong offtake agreements, setting up LAC for a substantial rally. 4. The potential completion of financing from the U.S. DOE and General Motors by December 2024 is a major stock upside trigger.
➀ The global shift towards electric vehicles is driven by advancements in battery technology and decreasing costs. However, regional differences, like India's two- and three-wheeler landscape, present unique challenges. ➁ Lithium batteries face geopolitical challenges due to mineral distribution and dependence on key resources. ➂ Innovations in battery chemistry, such as sodium-ion and solid-state batteries, are shaping the future of energy storage and electric vehicles.