Industry Notes

This morning, the European Automotive Manufacturers Association released car registration data from the region for the month of January, which did not do much to dissuade concerns that European vehicle demand is under incremental pressure…

We think news out of bp (BP; $40.95; NR) yesterday (2/16) proves extremely bullish for manufacturers of DC fast chargers, especially those with production operations located in the U.S. such as ChargePoint (CHPT; $12.63; O/P)…

This morning, the Biden Administration announced a series of actions aimed at supporting the massive buildout of an electric vehicle (EV) charging network across the U.S, which is the latest in a running string of…

Our latest look at aggregate inventories up and down the supply chain, across OEMs, component makers, EMS providers, and distributors (26 companies with $81B in annual inventories ex-Apple at the end of CQ4), offered early…

We think a range of news flow over the past few weeks further suggests to us that electric vehicle (EV) charging infrastructure spending remains robust even in the face of ongoing macro uncertainty, which we…

We see Q4 EPS season for the technology supply chain proving fairly dour when it comes to management guidance, mainly around Q1E thinking. Specifically, we are concerned about the potential for exaggerated post-holiday seasonal declines…

This morning, Volta (VLTA; $0.85; NR) announced it signed a definitive agreement to be acquired by Shell (SHEL; $58.64; NR) for $169mm in cash. VLTA is a Level 2 AC and DC fast charger network…

We continue to envision a meaningful growth vector from global re-shoring for a range of electronics manufacturing service (EMS) providers. In fact, based on our most recent industry conversations, we think EMS opportunities in India…

Yesterday (12/14), the California Energy Commission (CEC) approved $2.9B of funding aimed at accelerating the rollout of electric vehicle (EV) charging and hydrogen refueling infrastructure over the next four years, which we think bodes well…

This morning, the European Automotive Manufacturers Association released car registration data from the region for the month of November, which we think suggested some recent improvements in local component availability. However, per our recent industry…

The shares of Lyft (LYFT; $11.89; O/P) and Uber Technologies (UBER; $27.47; O/P) have outperformed over the past week, including yesterday in a down market (+3% and +2%, respectively), which we find interesting into a…

We think recent news from privately-held FreeWire Technologies further supports the idea that the “long software revenue tail” embedded within charging hardware sales strategies is still not well appreciated by investors, especially as it provides…

We continue to see evidence that our well-established investment theme around global manufacturing re-shoring is still early stages when it comes to the electronics manufacturing service (EMS) providers we follow (“In Unchartered Territory; Launch on…

Our pricing checks on the Wednesday before Thanksgiving (11/23) of popular full-HD (1080p) and 4K Ultra High Definition (UHD 2160p) LCD TV models provided some evidence that promotional activity during the holiday selling season could…

We checked retail prices last week (11/23) on hard disk drives (HDDs) and solid-state drives (SSDs) for the first time since May. Based on our latest survey work, we believe HDD retail prices are down…