NSANF News and Press, Nissan Motor Co. Ltd. From 04/25/21

Imasen Electric Industrial is a steady Japanese auto-parts business with a strong balance sheet, recently affiliated with quality tier 2 supplier TS Tech (7313). We expect an earnings recovery profile into FY3/2022, with increasing capex YoY for factory automation. In the next three y...

I take a look at the valuation of the EV space using bullish assumptions about market share capture. Even in the bullish scenario, it seems there are not enough profits to go around to justify these prices. Valuation matters and there is going to be a pain as the automotive sector...

Electric Last Mile is targeting the last mile delivery/utility van space with its Urban Delivery and Utility models, and expects to have a first mover advantage. Last mile delivery vehicles are expected to grow by ~500,000 units by 2025, with high demand from fleet operators creating ...

Global electric car sales for Feb. 2021 up 136% YoY reaching ~4-5% share. Europe sales up 66% YoY reaching 14% share, China sales rose 500% YoY reaching 9% share. EV market news - EU plotting ban on internal combustion engine as of 2025: Industry. UBS increases EV market share forecas...

Nearly all major automakers are rolling out their own EV models, as they aim to meet sustainable frameworks. Just because an auto maker is producing EVs does not by default make it an ESG investment. Two automakers stand out among their peers: Peugeot, S.A. and Yamaha Motor Co. Lt...

Hyundai launches the BEV IONIQ 5 on its E-GMP platform, with IONIQ 6 and IONIQ 7 coming. Hyundai has success with BEV exports to Europe. Meanwhile Toyota keeps promoting fuel cells with a package available for a variety of products for third-party developers. Hyundai at the fr...

Global electric car sales for Jan. 2021 up 112% YoY reaching 5% share. Europe sales up 50% YoY reaching 14% share, China sales rose 223% YoY reaching 8.4% share. EV market news - Bloomberg forecasts that "EV Investment growth to exceed renewable energy investments." President Biden is...

Global electric car sales records for Dec. 2020 up 105% YoY reaching 6.9% share. Europe sales up 264% YoY reaching 23% share, China sales rose 12% YoY reaching 9.4% share. EV market news - "The electric car future is finally taking off." BNEF -EV sales to surge 60% in 2021. Biden vows...

I look back on Kenneth Fisher's 1984 book Super Stocks and discuss its relevance today. Two value ratios - price-to-sales and price-to-research - are the foundation of Fisher's assessments. I've backtested a system based on his formula, and it still produces truly outsized returns...

Tesla's market share in China has coem under pressure with 85,000 mini EV from Hongguang stealing almost 11% share of the total BEV market. Decreases in market share in more mature markets in Europe during 2020 point to more potential weakness in China as it matures. Capacity expa...