Electrification and Vehicle Technology
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 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 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…
March 9, 2023
Earlier this week (3/7), we attended Visteon’s (VC; $170.57; NR) highly informative Investor Day in New York, which highlighted attractive content trends around digital cockpit electronics, in-vehicle displays and electrification, which should remain key mobility…
February 21, 2023
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…
February 17, 2023
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)…
February 15, 2023
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…
February 7, 2023
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…
January 18, 2023
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…