Electric vehicles stocks

Timmaay · 23-11-2020 8:35pm #1

2020 will be remembered for a long long time to come for sure, for me it will be the insane electric vehicle stocks that I've been lucky enough to be part of ha. Anyways we already got a Tesla and NIO thread, throw in any discussion on other EV stocks in here please.

Other EV stock's I'm in are NIU (Chinese scooters), Hyliion (USA company retrofitting lorrys), and more recently Solo.

Kilboor · 23-11-2020 8:41pm

There’s a SPAC to be completed by the end of the year for Romeo. Ticker symbol $RMG

I’m not too much into electric vehicles investing but could be of interest for some here

https://romeopower.com/

The J Stands for Jay · 24-11-2020 1:35pm

Timmaay wrote: »

2020 will be remembered for a long long time to come for sure, for me it will be the insane electric vehicle stocks that I've been lucky enough to be part of ha. Anyways we already got a Tesla and NIO thread, throw in any discussion on other EV stocks in here please.

Other EV stock's I'm in are NIU (Chinese scooters), Hyliion (USA company retrofitting lorrys), and more recently Solo.

Maybe do a little bit of reading on automobile manufacturers, railway companies and airlines from the previous century. I believ Warren Buffet wrote a piece on auto manufacturers.

The gist of it is that great returns can be made, but the vast majority of companies at the start will not survive and will not make a good investment. Choose carefully.

The J Stands for Jay · 24-11-2020 1:36pm

McGaggs wrote: »

Maybe do a little bit of reading on automobile manufacturers, railway companies and airlines from the previous century. I believ Warren Buffet wrote a piece on auto manufacturers.

The gist of it is that great returns can be made, but the vast majority of companies at the start will not survive and will not make a good investment. Choose carefully.

Don't meant to sound patronising, too tired to rewrite that with a better tone.

Irishder · 24-11-2020 4:02pm

I bought IDEX friday and got more Monday. Good run but surely a bubble.

Also bought BLNK last year @ 2.91 got out last week at 23.19, kept rising to 33 but fell sharply today.

Crazy whats going on at the moment

Mister Vain · 24-11-2020 4:36pm

XPeng doing savage at the moment. Considering getting in on this Arrival. Very promising British company.

Timmaay · 24-11-2020 5:43pm

Mister Vain wrote: »

XPeng doing savage at the moment. Considering getting in on this Arrival. Very promising British company.

Please tell me you're just trolling...

Timmaay · 24-11-2020 5:48pm

McGaggs wrote: »

Maybe do a little bit of reading on automobile manufacturers, railway companies and airlines from the previous century. I believ Warren Buffet wrote a piece on auto manufacturers.

The gist of it is that great returns can be made, but the vast majority of companies at the start will not survive and will not make a good investment. Choose carefully.

100% agreed. The current valuations of many EV companies is insane. If you are a beginner investor be very cautious at the minute, don't get caught up in the insane euphoria, and be prepared for the likes of 50% pullbacks. I've largely stopped buying and holding, instead I'm just swing trading pullbacks.

Mister Vain · 24-11-2020 7:38pm

Timmaay wrote: »

Please tell me you're just trolling...

They're based in London are they not?

Comhrá · 24-11-2020 8:14pm

Mister Vain wrote: »

They're based in London are they not?

From Wikipedia:

Xpeng or Xiaopeng Motors, also known as XMotors.ai, is a Chinese electric vehicle manufacturer. The company is headquartered in Guangzhou, with offices in Mountain View, California in the US and is publicly traded on the New York Stock Exchange. Wikipedia
Stock price: XPEV (NYSE) US$67.24 -4.93 (-6.83%)
24 Nov, 14:08 GMT-5 - Disclaimer
CEO: He Xiaopeng (Aug 2017–)
Founded: 2014
Headquarters: Guangzhou, China
President: Brian Hongdi Gu
Founders: He Xiaopeng, Xia Heng
Subsidiaries: Guangzhou Xiaopeng Automotive Technology.

Mister Vain · 24-11-2020 8:31pm

Comhra wrote: »

From Wikipedia:

I was talking about Arrival, not XPeng.

Comhrá · 24-11-2020 9:25pm

Mister Vain wrote: »

I was talking about Arrival, not XPeng.

I misunderstood. Sorry.

Timmaay · 24-11-2020 9:40pm

Mister Vain wrote: »

I was talking about Arrival, not XPeng.

Lol I should of read that properly.

garrettod · 25-11-2020 12:58am

With a near worldwide push towards the use of more EVs, its a reasonable expectation that many of these companies will do well, once their tech is good enough.

Perhaps a couple of the companies will go out alone, with Tesla being the most obvious one, but I'm eclectic a few of them to become takeover or merger targets, with old world motor companies looking to buy in the talent, R&D, rather than try to replicate it.

Then there's the political considerations - the Chinese vs the Americans, with neither wanting the other to be overly dominant in the EV space. Russia must surely also be trying to get in on the action, UK too. So what companies get support?

Next up, where does the power come from - Panasonic, Cobalt miners etc. So, should we also be investing on these companies?

Lots of things to think about, and no doubt that there'll be some casualties along the way...

Has anyone looked to see if there are any ETFs for the EV sector and if so, how they are doing? They will most likely offer good diversification across the sector, at low fees.

Mister Vain · 25-11-2020 9:48am

garrettod wrote: »

With a near worldwide push towards the use of more EVs, its a reasonable expectation that many of these companies will do well, once their tech is good enough.

Perhaps a couple of the companies will go out alone, with Tesla being the most obvious one, but I'm eclectic a few of them to become takeover or merger targets, with old world motor companies looking to buy in the talent, R&D, rather than try to replicate it.

Then there's the political considerations - the Chinese vs the Americans, with neither wanting the other to be overly dominant in the EV space. Russia must surely also be trying to get in on the action, UK too. So what companies get support?

Next up, where does the power come from - Panasonic, Cobalt miners etc. So, should we also be investing on these companies?

Lots of things to think about, and no doubt that there'll be some casualties along the way...

Has anyone looked to see if there are any ETFs for the EV sector and if so, how they are doing? They will most likely offer good diversification across the sector, at low fees.

Yeah there are a few ETF's. DRIV is probably the best one and is a strong buy at the moment according to Tradingview.

There's good potential in the charging companies too. SBE would be my choice.

namloc1980 · 25-11-2020 11:16am

garrettod wrote: »

Has anyone looked to see if there are any ETFs for the EV sector and if so, how they are doing? They will most likely offer good diversification across the sector, at low fees.

iShares ECAR ETF is domiciled in Ireland.

https://www.ishares.com/ch/individual/en/products/307130/ishares-electric-vehicles-and-driving-technology-ucits-etf-usd-acc-fund

Timmaay · 25-11-2020 2:00pm

Looks like it will be a nice black Friday sale today in the whole EV sector lol.

Ixlandia · 25-11-2020 9:52pm

namloc1980 wrote: »

iShares ECAR ETF is domiciled in Ireland.

https://www.ishares.com/ch/individual/en/products/307130/ishares-electric-vehicles-and-driving-technology-ucits-etf-usd-acc-fund

Yes I have gotten into this over a month ago and is up just over 10% in that time. It’s well diversified too. IEVD is the ticker on degiro

Ix

Sabre Man · 26-11-2020 5:30pm

namloc1980 wrote: »

iShares ECAR ETF is domiciled in Ireland.

https://www.ishares.com/ch/individual/en/products/307130/ishares-electric-vehicles-and-driving-technology-ucits-etf-usd-acc-fund

Some of the companies in that ETF are odd choices, eg. Fiat Chrysler.

namloc1980 · 26-11-2020 6:12pm

Sabre Man wrote: »

Some of the companies in that ETF are odd choices, eg. Fiat Chrysler.

https://www.industryweek.com/talent/article/21144958/fiat-chrysler-to-invest-in-electric-car-production-in-canada

Atlas_IRL · 26-11-2020 6:20pm

Would like to see an etf of just pure EV only companies on the US stock exchanges, so the likes of tesla, fsr, nio, xpeng etc.

Sabre Man · 26-11-2020 8:04pm

namloc1980 wrote: »

https://www.industryweek.com/talent/article/21144958/fiat-chrysler-to-invest-in-electric-car-production-in-canada

Too little and too late.

hottipper · 01-12-2020 10:04am

Mister Vain wrote: »

I was talking about Arrival, not XPeng.

I kinda like this arrival idea NASDAQ:CIIC - seems a tad expensive at the moment though
There is another one $NGA merging with Lionc https://thelionelectric.com/
a canadian company confirmed yesterday
https://uk.finance.yahoo.com/news/lion-electric-company-northern-genesis-113000222.html

Kilboor · 01-12-2020 10:11am

Kilboor wrote: »

There’s a SPAC to be completed by the end of the year for Romeo. Ticker symbol $RMG

I’m not too much into electric vehicles investing but could be of interest for some here

https://romeopower.com/

Up 50% since I posted

hottipper · 01-12-2020 10:30am

Kilboor wrote: »

Up 50% since I posted

Interesting i see they have a contract with lion also
https://romeopower.com/romeo-power-secures-234mm-multiyear-production-contract-w-lion-electric/

High risk all of these some will turn to dust

hottipper · 01-12-2020 11:55am

Looks like the vote on merging is tonight on romero
https://uk.finance.yahoo.com/news/rmg-acquisition-corp-announces-record-204200874.html

its got borg warner (distribution) and republic services (waste management) as major share holders, should have paid attention to this thread earlier risky as hell now.

Kilboor · 03-12-2020 11:47am

Picked up some RMG yesterday, looked oversold to me.

hottipper · 03-12-2020 10:41pm

Kilboor wrote: »

Picked up some RMG yesterday, looked oversold to me.

Bought small bit of both NGA and RMG thinking of hyliion also just not yet.

hottipper · 04-12-2020 2:32pm

cramer is obviously watching boards for stock picks :pac:

quote:
If it comes down below $17.50, you can buy it hand over fist, because this one has the best claim to be the son of Tesla,"
@JimCramer
said of British EV company Arrival going public via SPAC

https://twitter.com/madmoneyoncnbc/status/1334655007170375682?s=21

cronos · 04-12-2020 2:41pm

hottipper wrote: »

cramer is obviously watching boards for stock picks :pac:

quote:
If it comes down below $17.50, you can buy it hand over fist, because this one has the best claim to be the son of Tesla,"
@JimCramer
said of British EV company Arrival going public via SPAC

https://twitter.com/madmoneyoncnbc/status/1334655007170375682?s=21

I don't see Arrival on Degiro? Should it be there?

hottipper · 04-12-2020 2:53pm

cronos wrote: »

I don't see Arrival on Degiro? Should it be there?

Its a spac - up alot pre market now
https://finance.yahoo.com/quote/CIIC/profile?p=CIIC

Kilboor · 09-12-2020 3:33pm

RMG doesn't want to stop.

JoeBagga · 10-12-2020 8:49pm

Such a craaaazzzyyy move for electric vehicle penny stocks. I know they are what they are (mostly trash) but you can't say they haven't been monster trades this year.

Timmaay · 04-01-2021 4:30pm

JoeBagga wrote: »

Such a craaaazzzyyy move for electric vehicle penny stocks. I know they are what they are (mostly trash) but you can't say they haven't been monster trades this year.

DSGT and Couv, 2 more easy 100%+ gains for me the last few trading days. And I was always told to stay away from penny stocks lol, my simple plan is the second I hear about a new penny EV stock I do a quick bit of dd and check the hype, if there is good hype the odds are that I'm alittle late to the party so I'll jump on board quick. Worked well with 4 out of 6 EV penny stocks so far.

hottipper · 12-01-2021 12:02pm

Just an update on NGA - they have secured a deal with amazon for 500 trucks a year for the next 10 years. Amazon could potentially own 15% of the company if they use there warrent's. think it will still dump post merger like rmo did. wait for the merger and the spac dump then scoop some up if interested.
https://www.electrive.com/2021/01/11/huge-order-for-lion-electric-trucks-from-amazon/

Still in rmo also they going to supply the batteries so both are linked - its taken a bit of a beating recently though but holding through the pain

garrettod · 12-01-2021 2:05pm

hottipper wrote: »

Just an update on NGA - they have secured a deal with amazon for 500 trucks a year for the next 10 years. Amazon could potentially own 15% of the company if they use there warrent's. think it will still dump post merger like rmo did. wait for the merger and the spac dump then scoop some up if interested.
https://www.electrive.com/2021/01/11/huge-order-for-lion-electric-trucks-from-amazon/

Still in rmo also they going to supply the batteries so both are linked - its taken a bit of a beating recently though but holding through the pain

Nice contract to win.

Is the Lion - NGA merger completely locked down at this stage? - if not, I would expect Lion to try and renegotiate it.

Atlas_IRL · 12-01-2021 3:05pm

proterra spac up 80% already https://www.bloomberg.com/news/articles/2021-01-12/ev-bus-manufacturer-proterra-to-go-public-through-arclight-spac

hottipper · 12-01-2021 10:27pm

garrettod wrote: »

Nice contract to win.

Is the Lion - NGA merger completely locked down at this stage? - if not, I would expect Lion to try and renegotiate it.

Not sure exactly

Atlas_IRL wrote: »

proterra spac up 80% already https://www.bloomberg.com/news/articles/2021-01-12/ev-bus-manufacturer-proterra-to-go-public-through-arclight-spac

dayum another electric bus - space getting crowded now, that arrival, lion and proterra now

Timmaay · 12-01-2021 10:53pm

Good day all around for EVs. NIU, a chinese ev scooter company, which is well established with very good sales all over Asia, finally had a big breakout and pushed on over 40$. I've been in since around 19$ back in June, but it just never took off like NIO or many of the other Chinese EVs, will be interesting to see if this jump brings it more mainstream, it's still undervalued in my view.

Another EV, but on the other end of the scale, alot more of a growth stock with good potential but big risk, Ehang holdings, a Chinese electric human rated drone, thats been on a crazy run since November, hit 31$ today. I think that whole technology is still afew yrs away, but its definitely hit the hype level, I'll most likely take profit over next day or so but aim to get back in if it pulls back to the low 20s.

Albertie · 10-02-2021 4:18pm

True maybe will take some long time, but not sure if still the valuation of the EVs corporates will be close to real figures, if some of the big firms will do the analysis or audit then will have the true scenario of the situation if it’s good to proceed or good to pause for a while. Also if there are some new firms in this niche then not sure if they will survive or not and so will be a good investment or the opposite. I would probably just wait and watch and keep an eye on things if there is any policy or real data will convince to take a step to get into this for good.

Timmaay · 10-02-2021 10:26pm

Timmaay wrote: »

Good day all around for EVs. NIU, a chinese ev scooter company, which is well established with very good sales all over Asia, finally had a big breakout and pushed on over 40$. I've been in since around 19$ back in June, but it just never took off like NIO or many of the other Chinese EVs, will be interesting to see if this jump brings it more mainstream, it's still undervalued in my view.

Another EV, but on the other end of the scale, alot more of a growth stock with good potential but big risk, Ehang holdings, a Chinese electric human rated drone, thats been on a crazy run since November, hit 31$ today. I think that whole technology is still afew yrs away, but its definitely hit the hype level, I'll most likely take profit over next day or so but aim to get back in if it pulls back to the low 20s.

Hmm that aged well ha. Defo no pullback to low 20s, Hit 110$ today.

Atlas_IRL · 11-02-2021 10:43am

Timmaay wrote: »

Hmm that aged well ha. Defo no pullback to low 20s, Hit 110$ today.

Wow never heard of it, rocketing!

dontparkhere · 12-02-2021 8:45pm

Put a small bit in Navya. A French company with level 4 automation in ev shuttles. Market cap of 90 million and not much hype around it yet.
Might be worth a punt.
https://www.businesswire.com/news/home/20210118005425/en/Navya-First-Autonomous-Shuttle-Service-Launched-in-Israel

Supercell · 14-02-2021 11:29am

Lot of people getting excited about HYLN, they announced a new battery for trucks last week that's apparently a game changer. Going to be watching closely next week. ER coming up on the 23rd so lots of volatility expected.

Supercell · 14-02-2021 5:22pm

Another one for Tuesday (depending on BTC behaviour -its a EV and crypto play)) is DPW, i'm excited by its chart from a TA perspective and quite a lot of noise on FinTwit about it, likely to be a bit of a wild ride as a result.

pitrn · 15-02-2021 3:23pm

Considering Apple going into EV sector and discussing their tieup / plans with Car manufacturers, what is the view of getting into Apple stock..

beauf · 15-02-2021 3:51pm

pitrn wrote: »

Considering Apple going into EV sector and discussing their tieup / plans with Car manufacturers, what is the view of getting into Apple stock..

Apple are on a roll at the moment because they have a new chip architecture which is a bit of game changer. That said their main income is phone's not computers. The iPhone is just being incrementally updated. So nothing dramatic on the horizon there. They've been playing with the car stuff for quite a while so that's not really new. Though they have recently nabbed some high profile personnel from established automotive companies. I think the car is along way off. They may make short term gains if their new chip really takes off. Which it looks like it will.

cronos · 15-02-2021 4:14pm

pitrn wrote: »

Considering Apple going into EV sector and discussing their tieup / plans with Car manufacturers, what is the view of getting into Apple stock..

My hope is CCIV merges with Lucid and then after Jony Ive's who's on the CCIV team and the former Chief Design Officer of Apple teams up with Apple again to form the partnership between Lucid and Apple. Apple doing the software, although hopefully not maps haha

garrettod · 16-02-2021 12:47am

Any recommendations for a good ETF, in the EV and / or battery space?

While I've a few shares in specific companies, I'm now thinking about a long term hold, that will cover a wider spectrum of potential players.

Tks.

Timmaay · 16-02-2021 10:47pm

Timmaay wrote: »

Good day all around for EVs. NIU, a chinese ev scooter company, which is well established with very good sales all over Asia, finally had a big breakout and pushed on over 40$. I've been in since around 19$ back in June, but it just never took off like NIO or many of the other Chinese EVs, will be interesting to see if this jump brings it more mainstream, it's still undervalued in my view.

Another EV, but on the other end of the scale, alot more of a growth stock with good potential but big risk, Ehang holdings, a Chinese electric human rated drone, thats been on a crazy run since November, hit 31$ today. I think that whole technology is still afew yrs away, but its definitely hit the hype level, I'll most likely take profit over next day or so but aim to get back in if it pulls back to the low 20s.

https://wolfpackresearch.com/research/ehang/ so it pumped up to a crazy crazy 129$ 2 days ago (I was fomo'ing alittle that I missed that ride the whole way, but I've been burn enough times to know that I really don't like chasing breakout plays.) Who knows if Wolfpack stretch the truth, but the likes of this doesn't surprise me hugely, that share price growth was in no way sustainable and was based on nothing but hype and some fancy marketing.

Cute Hoor · 16-02-2021 10:55pm

garrettod wrote: »

Any recommendations for a good ETF, in the EV and / or battery space?

While I've a few shares in specific companies, I'm now thinking about a long term hold, that will cover a wider spectrum of potential players.

Tks.

IEVD.DE
https://www.ishares.com/ch/individual/en/products/307130/ishares-electric-vehicles-and-driving-technology-ucits-etf-usd-acc-fund

Electric vehicles stocks

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