Industry Notes
August 9, 2023
We continue to see net positive indicators that bode well for battery electric vehicle (BEV) charger demand, especially when it comes to direct current (DC) fast chargers, which should further benefit the prospects for ChargePoint…
July 19, 2023
This morning, the European Automobile Manufacturers Association released car registration data from the region for the month of June, which we think furthers the idea that auto supply chains are becoming more predictable. Specifically, European…
July 13, 2023
We expect Q2 EPS season from our tech supply chain coverage to highlight a return of more traditional summer seasonal pressures we think are not fully reflected in the Street’s Q3E estimates in many instances. This…
June 23, 2023
We hosted a “fireside chat” during our Transportation Technology Conference with privately held FreeWire Technologies’ CFO Michael Beer. FreeWire has developed an “ultra-fast” direct current fast charger (DCFC), which we think comes with a differentiated…
June 22, 2023
Yesterday (6/21), the European Automobile Manufacturers Association released car registration data from the region for the month of May, which supported our recent checks of more predictable auto supply chains, some better than expected demand…
June 12, 2023
This morning, ChargePoint (CHPT; $8.56; O/P) and Tritium (DCFC; $1.12; O/P) both announced plans to offer their respective hardware solutions with connector options for the North America Charging Standard (NACS), which was developed by Tesla…
June 9, 2023
We think today’s severe drop in the shares of ChargePoint (CHPT; $8.32; O/P) and Tritium (DCFC; $1.08; O/P) to news that drivers of General Motors’ (GM; $36.53; NR) electric vehicles will be able to charge…
May 17, 2023
This morning, the European Automobile Manufacturers Association released car registration data from the region for the month of April. Overall, European vehicle registrations in April (~20% of global demand) were down only 10% MoM, or…
May 15, 2023
Our latest look at aggregate inventories up and down the supply chain, across OEMs, component makers, EMS providers and distributors (27 companies with $84B in annual inventories ex-Apple exiting CQ1), pointed to new levels of…
May 8, 2023
Last week, we were at the extremely well attended Advanced Clean Transportation (ACT) Expo in Anaheim, CA, highlighting the immense ongoing business activity around commercial electric vehicles, hydrogen fuel cells, and charging infrastructure. We were…
April 20, 2023
Yesterday (4/19), the European Automobile Manufacturers Association released car registration data from the region for the month of March. The data provides further support for the idea that auto supply chains have proven more predictable…
April 14, 2023
We continue to see net positive indicators for electric vehicle (EV) charger demand, especially when it comes to direct current (DC) fast charger demand, which continues to bode well for ChargePoint (CHPT; $8.55; O/P) and…
April 13, 2023
We see some further estimate cuts ahead for a range of the technology supply chain players we follow with the upcoming CQ1 EPS season. On the plus side, our checks suggest CQ1 sales and profits…
April 4, 2023
There has been a “rush” of news on the electric vehicle (EV) charging front over the past couple of weeks that we think continues to net out positively for ChargePoint (CHPT; $10.31; O/P) and Tritium…
March 21, 2023
This morning, the European Automotive Manufacturers Association released car registration data from the region for the month of February. Overall, European car registrations (15-20% of global demand) declined 1% MoM from January or above historical…