China EV sector

On 2nd Nov, China launches their new energy vehicle industry plan for 2021-2035 with the aim to have pure electric vehicle (PEV) as the mainstream option for car sales by 2035 3 key highlights as follows; 1. Upgrading public charging station technology from slow charge to high voltage fast charging. 2. Target of 80% ofContinue reading “China EV sector”

Contemporary Amperex Technology Co Limited (CATL)

CATL, a chinese battery and technology company listed in Shenzhen stock exchange (300750.SZ). Currently trading at CNY 247.17, the share price has a YTD performance of +129%. The company was listed in 2018 at CNY 25.14 and has its headquarter in Fujian province. I also just learned that Fitch has a BBB+ rating for CATL.Continue reading “Contemporary Amperex Technology Co Limited (CATL)”

Nio +16.285%

Nio, a Chinese EV manufacturer listed in the New Year Stock Exchange hit a new high of USD 32.97 NIO listed in NYSE on 12 Sep 2018. The company manufactures autonomous driving electric vehicles integrated with next generation technologies and artificial intelligence. ES8, a 7 seater all aluminum alloy EV SUV is capable of 0-100Continue reading “Nio +16.285%”