Welcome back everyone, we are all going through some tough times right now and so my heart goes
out to everyone hurting on the back of what is happening in Ukraine. We are equally seeing lots
on opportunities in the markets and so in this video, I share with you updates on 3 top ev stocks
for your watchlists. Some of these ev stocks have big backers including the likes of Warren Buffet
and looking to rival Tesla for ev dominance with some extremely bullish and bold plans. There is
a lot going on in the ev world right now, which is making the race to dominance very exciting.
We have just seen Tesla win approval for their first European Gigafactory in Berlin
which has a 500,000 vehicle capacity, we have also seen Sony and Honda plan
an electric vehicle tie up to take on Tesla with vehicles set to be launched by 2025.
So lots going on which may get you wondering what to consider loading up on,
in this dip as an alternative to Tesla. So you want to make sure you check them out to see which
one of them deserves a place on your watch list based on their outlook and if you watch till the
end I have a darkhorse for you with huge potential which is going underneath the radar right now.
So if you’re bullish about evs in the long run please do me a favour to drop a like on this video
to spread its reach and hit the bell so you never miss out on any of these gems from the channel..
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One of the stocks is OTC and so if you need a decent platform which enables you
to trade OTC penny stocks which are not tradable on Robinhood or Webull,
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Asia or Australia you would be able to open an account with them. They also have a new tool,
IBKR GlobalAnalyst which can be used to compare financial metrics to help you find undervalued
companies which is very relevant if you want to find gems right now. I also personally use
Interactive Brokers for my OTC investing and as you can see here, you can get most of the single,
double and triple zero penny stocks which we have called on the channel on the IBKR platform.
So check it out from the link in the top pinned comment and see for yourself. Thank you
With that said, let’s talk about Novonix Ltd (NVNXF,
NVX) which is sitting down 22% on the month and 3% over the last six month.
Since we called it at $3 per share last year which you can see here it has made some good
runs of over 180% to hit highs of $8.6 before pulling right back to current levels on the back
of the market crash. And interestingly, the fundamentals of this play are only stronger
which for me gives it good value and entry points at the current price levels and still keeping us
in the green. We call these plays early in the discord, so if you want to get in early, enhance
your learning and investment opportunities, you should consider joining the private discord via
the link in the top pinned comment where you join a group of people still able to make
green in their portfolios in this current market uncertainty. So here’s what’s new with Novonix.
NOVONIX recently rang the Closing Bell to Celebrate their Nasdaq listing Milestone.
They commenced trading on the Nasdaq under the ticker symbol “NVX” on February 1, 2022
and stated that their Nasdaq listing is a perfect way to begin 2022,
as this listing furthers their long-term goal of onshoring the EV supply chain in North America
and becoming a leader in the electrification economy. “The listing expands their audience
of worldwide institutional investors, improving the liquidity in the trading volume of our stock,
allowing NOVONIX to continue to create long-term shareholder value.”
NOVONIX also Closed an Investment and Supply Agreement with KORE Power. Some of the key
highlights include: NOVONIX being the exclusive supplier of graphite anode material to KORE Power.
A Five-year supply agreement initially 3,000 tonnes per annum beginning 2024 and Subject to
customer requirements, supply can ramp to 12,000 tonnes per annum. The Partnership will advance
the North American electrification economy and strengthen the domestic lithium-ion battery supply
chain in North America. This is important because the completion of this transaction with KORE Power
marks an important step towards establishing the domestic battery supply chain, as the
first large-volume contract of battery-grade synthetic graphite from a US-based supplier.
They say over the next ten years, lithium-ion battery production is projected to increase
another five-fold after already roughly doubling in the last two years, and EVs are expected to
make up 28 percent of new automobiles sold. This global growth could drive the need for
high-capacity long-life synthetic graphite anode material to millions of tons per year at the end
of this decade. And what this really means is that, as there is essentially no battery grade
anode material currently produced in the United States, their long-term goal is to establish
a fully North American battery supply chain to support this growing sector. How very exciting.
Next up to our number 2 EV stock, which is BYD Ord (BYDDF) which is currently sitting at $26.7
per share with a market cap of $97bn. BYD has seen better days having reached highs of $40 per share
but it now sitting down 24% over the last 6m but at the same time still strengthening its
moat and with Warren Buffet piling on this stock to become its largest shareholder
it only gives an indication of how much the guru believes in this play.
BYD reported that they started strong in 2022 with Passenger Vehicle sales of 95,180 units
in January, including 92,926 New EVs. In total, 95,180 passenger vehicles were sold,
increasing 126.1% year on year (YoY). The New EV sales, in particular,
reached 92,926 units, growing 367.6% YoY. BYD had an excellent start for 2022 and again
exceeded expectations after attaining an annual sales volume of nearly 600,000 units in 2021.
BYD also Partnered with Nuro to Manufacture All-Electric Autonomous Delivery Vehicle,
as they announced their partnership with Nuro, the leading autonomous vehicle company
to begin producing their third-generation electric autonomous delivery vehicle.
The partnership is expected to scale Nuro's more affordable,
eco-friendly, and convenient services to millions of people across the country.
In a recent comparison between Tesla Stock and BYD Stock, analysts says Tesla Growing Fast, But
EV Rival BYD Sets Huge 2022 Sales Target. Tesla is the world's largest electric vehicle maker,
delivering 308,600 electric vehicles in the fourth quarter,
and Tesla sold 59,845 Shanghai-made vehicles in January, up 286.5% vs. a year earlier.
BYD sold 88,283 new energy vehicles in February, up 753% vs. a year earlier. That's modestly lower
than January's and December's numbers due to Chinese New Year and Beijing Olympics.
Having said that they expect BYD to show strong sequential gains in the coming months
as BYD EV and hybrid sales combined are nearly equal to Tesla's all-electric deliveries.
Warren Buffett confirmed that As Of Dec 31, 2021, Berkshire Hathaway Owned 7.7%
Of BYD Co and they have scored a $2 billion gain on BYD stock in 2021. So appears to be a solid
long term play with increase in exports in 2022, with Europe and Australia among the key markets,
a major EV battery maker and supplier, and with BYD makes its own chips,
which allowed rapid expansion in 2021, the future certainly looks very bright for this one.
Next up to our number 3 EV stock, which for me is the darkhorse here is Ford Motor Company (F) which
was a decent performer in 2021 having risen from under $12 to $25 per share. It is currently giving
up more of those gains and sitting at $16.79 per share with a market cap of $70.4bn. What’s
interesting yet again is that the outlook has gotten even better as they have accelerated their
ev plans as we navigate this market crash period. So certainly one to have on your watchlist.
In Q4 of 2021, Ford CEO set out an ambition to be number one in electric vehicles. He said Ford
wants to become the world’s largest electric car maker, overtaking industry leader Tesla and larger
rivals including Volkswagen, which I think was a very very bold statement to make. They said they
expect to produce 600,000 battery vehicles a year globally by the end of 2023, which is double their
current plans. But this number still lags behind Tesla’s expected sales volume by 2023, which is
forecast to be above 1m electric vehicles, leaving Ford’s ambition becoming unclear.
Ford has made more progress to double the production target for the electric model of
their top-selling truck to 150,000 a year, which has got the markets really excited about as this
is a high margin product and your earnings become really attractive when you can scale up your high
margin products which gets investors excited. Ford raised its target for the second time,
after first setting a goal of 40,000 a year and then increasing it to 80,000 last year.
They say the sales of the F-150 Lightning truck will be a barometer of the success
of electric vehicles in the US, where drivers tend to prefer bigger vehicles.
They haven’t stopped there and have been taking things even further
as they stepped up their electric ambitions with higher sales targets.
They said they will split up their battery vehicle arm and engine businesses
into separate units, with one-third of overall sales being electric by 2026,
rising to half by the end of the decade. So Ford will have two distinct businesses,
namely Ford Model e and Ford Blue. Ford Model e will focus on EVs, advanced technologies
and several related aspects to support the electrification plans.
Meanwhile, Ford Blue will focus on the firm’s legacy gas-powered business,
which forms the bulk of the automaker’s business currently including F-Series,
Explorer SUVs, Ranger and Maverick trucks, and Mustang.
With the Model E division, Ford is targeting annual production of 2 million EVs by 2026,
thereby accounting for around 33% of the company’s total volumes.
By 2030, Ford expects 50% of its global volumes to come from electric sales— higher
than its previous target of 40%. The company intends to spend $5 billion on EVs this year,
which calls for a two-fold increase from the 2021 levels. Ford targets to spend $50 billion on EVs
through 2026, up from the previously announced $30 billion through 2025. So some huge numbers,
bold ambitions and one clearly not to ignore if you’re bullish about EVs long term.
So some very very interesting and mindblowing prospects ahead for these penny stocks
but only consider getting in if the price is right for you and if you fully understand the
risks. This video is not financial advice, a buy or a sell recommendation, but is meant to
bring some new and exciting penny stocks to your attention for you to do your own research.. As
always I would love to hear from you, so please let me know your thoughts on these top penny
stocks in the comments section below and what other penny stocks are catching your eyes lately.
And If you are new to my channel, please ensure to subscribe and hit the bell so you are notified
when I upload new videos. If you would like to see more videos like this, please check out this
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Thank you so much for being here and I look forward to have you in my next video. Thank you