Legacy Automakers Are Being Disrupted By The New Electric Vehicle Revolution December 13, 2019 - Baystreet.ca The electric vehicle revolution is growing rapidly, and many experts say this could cause the auto sector to change more in the next 10 to 15 years than it has changed in the last 50. This trend toward electric vehicles (EV’s), the emerging reality of self-driving technology, all threaten to disrupt the industry's aging giants.Social Darwinism generally drives global market trends, and the EV example is no different. Legacy automakers are being forced to reposition their company to address a growing consumer demand for EV’s. There are a number of well known companies actively creating new EV’s like Ford (NYSE: F) and Toyota (NYSE: TM) to fill the demand in the EV space. GM announced that it plans to sell 20 EV models globally by 2023. But this is not just a shift in vehicle design and manufacturing, it's also a huge opportunity for a number of auto suppliers, writes Wells Fargo’s David Lim. He notes that the ‘IHS Markit has been boosting its EV market forecasts recently, while hybrids will likely play an increasingly important role in the medium-term, as we navigate the shift toward greater adoption of EVs.’In a new Morningstar report on the electric vehicle sector, they have identified: auto OEMs/parts suppliers, battery manufacturers, lithium producers and utilities as four other categories of companies to watch out for.The Numbers Back It UpAccording to a 2018 Morning Consult survey, only 23% of people believe gasoline will power a majority of motor vehicles by the year 2050, while 44% believe the majority will be powered by electricity.While EV’s currently only account for less than 1% of global vehicle sales, that number is expected to rise to at least 10% by 2025, according to Valeo. That estimate has increased from the firm’s initial 5% and 6% projection last year, as car makers have significantly increased their efforts on unveiling electric vehicles in recent months - like Ford’s (NYSE: F) new Mustang Mach-E, and of course Tesla’s (NASDAQ: TSLA) now infamous Cybertruck, which has already seen 250,000 pre-orders in its first week.According to a new report published by Acumen Research, the electric vehicle market is expected to grow at CAGR 25.6% during the forecast period, 2019-2026 and will reach over USD 567.2 Billion by 2026.How To Niche DownBuying Tesla (NASDAQ: TSLA) stock seems like a rationale thing to do as an investor who is convinced of the overall growth of the space, but It's important to diversify. Despite Tesla’s (NASDAQ: TSLA) stock being extremely volatile - living and dying by Elon Musk’s Twitter account, it is a relatively safe bet in the long run.Those looking for a higher reward should take a look at some of the smaller plays because it’s not just the usual giants of industry who are building and unveiling new and exciting cars. Companies like Electrameccanica Vehicles (NASDAQ: SOLO) are also making their mark. Electrameccanica Vehicles (NASDAQ: SOLO) is well positioned to expand into this new exciting market and to make the world a better place by offering a highly-attractive, environmentally-friendly, affordable electric vehicle for consumers.The company has a long and interesting story. 2019 marks their 60th anniversary for their subsidiary Intermeccanica, a company that began in Turin, Italy in 1959 designing and building replica sports cars. This dedication to vintage aesthetics can be most notably be found in their electric eRoadster.The company has evolved into making futuristic looking cars as well. The Tofino and Solo models are extremely forward thinking and stand out even against other EV’s. With more than 20,000 preorders on the books, the Electrameccanica Vehicles(NASDAQ: SOLO) Solo is set to soar. Success for Electrameccanica Vehicles (NASDAQ: SOLO) lies south of the border, particularly given California's ever-more-stringent emissions standards. There's a huge dealership and storage location in Los Angeles. The EV supply chain is similar to the motor vehicle supply chain. However, instead of competing based on the engine and transmission, EVs compete on batteries.Lithium Stocks?Electric car markets bring lower costs and higher value when battery technology is modernized. As lithium ion batteries undergo technological advances, the lower cost batteries make electric vehicles less expensive than gas powered vehicles for consumers. The natural inclination when hearing about lithium powered batteries is to start thinking about lithium stocks, however, this could be a grave mistake.Morgan Stanley forecasts that new supply from Argentina, Australia, and Chile, could add 500,000 tonnes of lithium to the market per year by 2025. That’s more than twice as much as the current annual supply of approximately 215,000 tonnes.Some may want to take the ‘pick and shovel’ approach and buy lithium stocks like Albemarle (NYSE: ALB) and Sociedad Química y Minera de Chile S.A. (NYSE: SQM), who big producers of the key metal used in electric car batteries. But, due to the soaring demand for electric cars, it may actually hurt lithium investors.Much of the lithium battery demand is coming from EV producers like Tesla (NASDAQ: TSLA) General Motors (NYSE: GM) and BMW (XETRA: BMW). However, even this rising demand won’t outweigh the onslaught of supply estimated to arrive on the market in the coming years. If these forecasts are correct, the price of lithium will plunge by almost half over the next three years. It looks like investing in EV stocks is probably the better move.The Road Has Been Paved If investors missed the early days of Tesla (NASDAQ: TSLA), there are options for getting in before the boom with other EV companies. Higher risk, higher reward investments in companies like Electrameccanica Vehicles (NASDAQ: SOLO) may be attractive to those who are already invested in Tesla (NASDAQ: TSLA), or who think their stock has hit a ceiling.It could be the case that companies like Tesla (NASDAQ: TSLA) have paved the way for newer ventures like Electrameccanica Vehicles (NASDAQ: SOLO) to thrive. If the EV market can reach the kind of mass adoption numbers the current data suggests, the revenue will follow. A few other companies making moves in this sector include:Amphenol (NYSE: APH) engages in the design, manufacture, and marketing of interconnect products. It operates through Interconnected Products and Assemblies; and Cables Products and Solutions segments. The Interconnect Products and Assemblies segment comprises connector and connector systems, value-add products, and other products such as antennas and sensors, used in applications in a diverse set of end marketsDelphi Technologies (NYSE: DLPH) engages in the development, design, and manufacture of integrated powertrain technologies. It operates through the following segments: Powertrain Systems, Aftermarket and Eliminations and Others. The Powertrain Systems segment manufactures fuel injection systems as well as various other powertrain products including valvetrain, fuel delivery modules, ignition coils, canisters, sensors, valves, and actuators. The Aftermarket segment sells aftermarket products to independent aftermarket and original equipment service customers.TE Connectivity (NYSE: TEL) engages in the design and manufacture of connectivity and sensors solutions. It operates through the following segments: Transportation, Industrial, and Communications Solutions. The Transportation Solutions segment offers products that are used in the automotive, commercial transportation, and sensors markets. The Industrial Solutions segment provides products that connect and distribute power, data, and signal.For more on Electrameccanica Vehicles (NASDAQ: SOLO), view the full report by clicking this linkUSA News Group http://usanewsgroup.com info@usanewsgroup.comLegal Disclaimer/Disclosure: Nothing in this publication should be considered as personalized financial advice. We are not licensed under securities laws to address your particular financial situation. No communication by our employees to you should be deemed as personalized financial advice. Please consult a licensed financial advisor before making any investment decision. The information contained in this report is neither an offer nor recommendation to buy or sell any security. We hold no investment licenses and are thus neither licensed nor qualified to provide investment advice. The content in this report or email is not provided to any individual with a view toward their individual circumstances. Equity Insider is a wholly-owned subsidiary of Market IQ Media Group, Inc. (“MIQ”). MIQ has NOT been paid a fee for Electrameccanica Vehicles Corp. advertising and digital media. There may be 3rd parties who may have shares of Electrameccanica Vehicles Corp., and may liquidate their shares which could have a negative effect on the price of the stock. Individuals are strongly encouraged to not use this publication as the basis for any investment decision. The owner/operator of MIQ own shares of Electrameccanica Vehicles Corp. which were purchased in the open market and plan on buying/selling more shares of Electrameccanica Vehicles Corp. and will buy and sell shares of Electrameccanica Vehicles Corp., at any time from this date (November 2, 2019) without any further notice. Let this disclaimer serve as notice that all material disseminated by MIQ has been not been approved or verified by the above mentioned company; and we own shares of the mentioned company that we will sell, and we also reserve the right to buy shares of the company in the open market.While all information is believed to be reliable, it is not guaranteed by us to be accurate. Individuals should assume that all information contained in our newsletter is not trustworthy unless verified by their own independent research. Also, because events and circumstances frequently do not occur as expected, there will likely be differences between the any predictions and actual results. Always consult a licensed investment professional before making any investment decision. Be extremely careful, investing in securities carries a high degree of risk; you may likely lose some or all of the investment.
Legacy Automakers Are Being Disrupted By The New Electric Vehicle Revolution December 13, 2019 - Baystreet.ca The electric vehicle revolution is growing rapidly, and many experts say this could cause the auto sector to change more in the next 10 to 15 years than it has changed in the last 50. This trend toward electric vehicles (EV’s), the emerging reality of self-driving technology, all threaten to disrupt the industry's aging giants.Social Darwinism generally drives global market trends, and the EV example is no different. Legacy automakers are being forced to reposition their company to address a growing consumer demand for EV’s. There are a number of well known companies actively creating new EV’s like Ford (NYSE: F) and Toyota (NYSE: TM) to fill the demand in the EV space. GM announced that it plans to sell 20 EV models globally by 2023. But this is not just a shift in vehicle design and manufacturing, it's also a huge opportunity for a number of auto suppliers, writes Wells Fargo’s David Lim. He notes that the ‘IHS Markit has been boosting its EV market forecasts recently, while hybrids will likely play an increasingly important role in the medium-term, as we navigate the shift toward greater adoption of EVs.’In a new Morningstar report on the electric vehicle sector, they have identified: auto OEMs/parts suppliers, battery manufacturers, lithium producers and utilities as four other categories of companies to watch out for.The Numbers Back It UpAccording to a 2018 Morning Consult survey, only 23% of people believe gasoline will power a majority of motor vehicles by the year 2050, while 44% believe the majority will be powered by electricity.While EV’s currently only account for less than 1% of global vehicle sales, that number is expected to rise to at least 10% by 2025, according to Valeo. That estimate has increased from the firm’s initial 5% and 6% projection last year, as car makers have significantly increased their efforts on unveiling electric vehicles in recent months - like Ford’s (NYSE: F) new Mustang Mach-E, and of course Tesla’s (NASDAQ: TSLA) now infamous Cybertruck, which has already seen 250,000 pre-orders in its first week.According to a new report published by Acumen Research, the electric vehicle market is expected to grow at CAGR 25.6% during the forecast period, 2019-2026 and will reach over USD 567.2 Billion by 2026.How To Niche DownBuying Tesla (NASDAQ: TSLA) stock seems like a rationale thing to do as an investor who is convinced of the overall growth of the space, but It's important to diversify. Despite Tesla’s (NASDAQ: TSLA) stock being extremely volatile - living and dying by Elon Musk’s Twitter account, it is a relatively safe bet in the long run.Those looking for a higher reward should take a look at some of the smaller plays because it’s not just the usual giants of industry who are building and unveiling new and exciting cars. Companies like Electrameccanica Vehicles (NASDAQ: SOLO) are also making their mark. Electrameccanica Vehicles (NASDAQ: SOLO) is well positioned to expand into this new exciting market and to make the world a better place by offering a highly-attractive, environmentally-friendly, affordable electric vehicle for consumers.The company has a long and interesting story. 2019 marks their 60th anniversary for their subsidiary Intermeccanica, a company that began in Turin, Italy in 1959 designing and building replica sports cars. This dedication to vintage aesthetics can be most notably be found in their electric eRoadster.The company has evolved into making futuristic looking cars as well. The Tofino and Solo models are extremely forward thinking and stand out even against other EV’s. With more than 20,000 preorders on the books, the Electrameccanica Vehicles(NASDAQ: SOLO) Solo is set to soar. Success for Electrameccanica Vehicles (NASDAQ: SOLO) lies south of the border, particularly given California's ever-more-stringent emissions standards. There's a huge dealership and storage location in Los Angeles. The EV supply chain is similar to the motor vehicle supply chain. However, instead of competing based on the engine and transmission, EVs compete on batteries.Lithium Stocks?Electric car markets bring lower costs and higher value when battery technology is modernized. As lithium ion batteries undergo technological advances, the lower cost batteries make electric vehicles less expensive than gas powered vehicles for consumers. The natural inclination when hearing about lithium powered batteries is to start thinking about lithium stocks, however, this could be a grave mistake.Morgan Stanley forecasts that new supply from Argentina, Australia, and Chile, could add 500,000 tonnes of lithium to the market per year by 2025. That’s more than twice as much as the current annual supply of approximately 215,000 tonnes.Some may want to take the ‘pick and shovel’ approach and buy lithium stocks like Albemarle (NYSE: ALB) and Sociedad Química y Minera de Chile S.A. (NYSE: SQM), who big producers of the key metal used in electric car batteries. But, due to the soaring demand for electric cars, it may actually hurt lithium investors.Much of the lithium battery demand is coming from EV producers like Tesla (NASDAQ: TSLA) General Motors (NYSE: GM) and BMW (XETRA: BMW). However, even this rising demand won’t outweigh the onslaught of supply estimated to arrive on the market in the coming years. If these forecasts are correct, the price of lithium will plunge by almost half over the next three years. It looks like investing in EV stocks is probably the better move.The Road Has Been Paved If investors missed the early days of Tesla (NASDAQ: TSLA), there are options for getting in before the boom with other EV companies. Higher risk, higher reward investments in companies like Electrameccanica Vehicles (NASDAQ: SOLO) may be attractive to those who are already invested in Tesla (NASDAQ: TSLA), or who think their stock has hit a ceiling.It could be the case that companies like Tesla (NASDAQ: TSLA) have paved the way for newer ventures like Electrameccanica Vehicles (NASDAQ: SOLO) to thrive. If the EV market can reach the kind of mass adoption numbers the current data suggests, the revenue will follow. A few other companies making moves in this sector include:Amphenol (NYSE: APH) engages in the design, manufacture, and marketing of interconnect products. It operates through Interconnected Products and Assemblies; and Cables Products and Solutions segments. The Interconnect Products and Assemblies segment comprises connector and connector systems, value-add products, and other products such as antennas and sensors, used in applications in a diverse set of end marketsDelphi Technologies (NYSE: DLPH) engages in the development, design, and manufacture of integrated powertrain technologies. It operates through the following segments: Powertrain Systems, Aftermarket and Eliminations and Others. The Powertrain Systems segment manufactures fuel injection systems as well as various other powertrain products including valvetrain, fuel delivery modules, ignition coils, canisters, sensors, valves, and actuators. The Aftermarket segment sells aftermarket products to independent aftermarket and original equipment service customers.TE Connectivity (NYSE: TEL) engages in the design and manufacture of connectivity and sensors solutions. It operates through the following segments: Transportation, Industrial, and Communications Solutions. The Transportation Solutions segment offers products that are used in the automotive, commercial transportation, and sensors markets. The Industrial Solutions segment provides products that connect and distribute power, data, and signal.For more on Electrameccanica Vehicles (NASDAQ: SOLO), view the full report by clicking this linkUSA News Group http://usanewsgroup.com info@usanewsgroup.comLegal Disclaimer/Disclosure: Nothing in this publication should be considered as personalized financial advice. We are not licensed under securities laws to address your particular financial situation. No communication by our employees to you should be deemed as personalized financial advice. Please consult a licensed financial advisor before making any investment decision. The information contained in this report is neither an offer nor recommendation to buy or sell any security. We hold no investment licenses and are thus neither licensed nor qualified to provide investment advice. The content in this report or email is not provided to any individual with a view toward their individual circumstances. Equity Insider is a wholly-owned subsidiary of Market IQ Media Group, Inc. (“MIQ”). MIQ has NOT been paid a fee for Electrameccanica Vehicles Corp. advertising and digital media. There may be 3rd parties who may have shares of Electrameccanica Vehicles Corp., and may liquidate their shares which could have a negative effect on the price of the stock. Individuals are strongly encouraged to not use this publication as the basis for any investment decision. The owner/operator of MIQ own shares of Electrameccanica Vehicles Corp. which were purchased in the open market and plan on buying/selling more shares of Electrameccanica Vehicles Corp. and will buy and sell shares of Electrameccanica Vehicles Corp., at any time from this date (November 2, 2019) without any further notice. Let this disclaimer serve as notice that all material disseminated by MIQ has been not been approved or verified by the above mentioned company; and we own shares of the mentioned company that we will sell, and we also reserve the right to buy shares of the company in the open market.While all information is believed to be reliable, it is not guaranteed by us to be accurate. Individuals should assume that all information contained in our newsletter is not trustworthy unless verified by their own independent research. Also, because events and circumstances frequently do not occur as expected, there will likely be differences between the any predictions and actual results. Always consult a licensed investment professional before making any investment decision. Be extremely careful, investing in securities carries a high degree of risk; you may likely lose some or all of the investment.