so today I will assess and compare the
top consumer ev companies on the market
to determine what is the best investment
opportunity of 2022 in this video I will
not be discussing tesla because
everybody is already aware of tesla and
they are the market leader but who can
challenge them which ev company will be
best placed to gain a sizable share of
the market going forward which ev
companies are currently undervalued and
which ones are overvalued I will compare
the pros and cons of each company to
uncover the red flags and find the best
value out there now let's get into it
the first on this list due to its sheer
size is nio but is there far more to
neil than meets the eye
(Nasdaq:nio) is a pioneer in china's premium
electric vehicle market they design
manufacture and sell smart connected
premium electric vehicles driving
innovations in next generation
technologies
autonomous driving and artificial
intelligence nio has been in production
now for several years and is considered
to not only be a growth company but in
an industry in its infancy nio is one of
the most established players alongside
tesla
while most ev companies are not yet at
production and delivery stage nio has no
fewer than five cars already in
production
starting with the ep9 supercar in 2016
up to the latest model in the nio family
the et7
with further additions expected next
year
but nio is much more than just a
standard ev company
(Nasdaq:nio) has developed nomi
which is one of the most advanced
in-care ai assistants developed by a
chinese company it is a voice activated
ai digital companion
they also have the nio formula e team as
well as nio house niolife nio service
and niopower
which is a mobile internet based power
solution with extensive networks for
battery charging and battery swap
facilities
it offers a power service system with
chargeable swappable and upgradeable
batteries to provide users with power
services catering to all scenarios
as nio continues to grow so does the
power of the brand and service
and as of just this week there are now
over 700 power swap units and nearly 500
power charger stations
(Nasdaq:nio) is expanding rapidly and looking to
break into the european market with a
current focus on norway and germany
and nio are aiming to massively expand
production in the first half of 2022
recently nio announced a strategic
partnership with shell that includes a
plan to install 100 battery swap
stations in china by 2025 and construct
and operate pilot stations in europe
starting next year
as a result shell's charging network in
europe will also become available to nio
users
(Nasdaq:nio) service and battery swap technology
is what sets nio apart from other ev
companies and nio have already sold over
150 000 evs over the past 12 months
ranking them second only to tesla in the
world
so what do analysts think of nio
nine analysts have set 12 month prize
targets for nio
in the last three months the average
price target is 60 dollars
with a high forecast of 87 and a low
forecast of 45.
this offers over 77 upside from the
current price
and during the previous two years
the most heavily invested institutional
investors
include blackrock and state street
with institutional ownership currently
about 29 percent
the second ev company on this list is
Polstar GGPI
this is still a spec with the merger
expected to happen during q1 2022.
gorees guggenheim have a long history
for successful spac mergers and alec
gores has stated that they managed to
get a great deal for investors with this
merger
polestar is a global pureplay premium
electric vehicle company based in sweden
with the mission to produce progressive
electric performance cares designed and
engineered without compromise
they say that they are design focused
electric car brand harnessing refined
performance and cutting edge technology
the company was originally founded in
1996 as a racing company and developed a
partnership with volvo before being
acquired by the volvo group in 2015.
they announced their polestar 1 in 2017
and post their 2 in 2019.
also in 2019 polstar opened the
production facility and by 2020 we're
making the first sales as of 2021 the
company is operating in select countries
across europe and the united states and
canada but are planning major expansion
over the next two years across europe
asia and the middle east in terms of
production and sales the numbers for
Polestar are quite low compared to
tesla and nio
but they are still miles ahead of most
ev companies when it comes to production
and sales
polestar have estimated their sales for
this year so far to be about 29,000
units
but are continuing to deliver on market
and retail expansion plans that underpin
significant growth targets where they
are expected to be operating in 30
markets by the end of 2023 and are
expecting to ramp up sales to 290 000
vehicles by the end of 2025 in which
time they expect to have three more
poststar models on the market
with the polestar ggpi merger not due to
take place until early next year there
are no analyst prize targets to look at
but looking at tip ranks we can see that
overall investor sentiment is very
bullish with the percentages of investor
portfolios holding ggpi stock increasing
nearly 200 percent in the past 30 days
and polestar is backed
by hollywood actor leonardo dicaprio and
geely holdings who are the company that
owns volvo so ramping up production
should not be a problem at all for GGPI/polestar
(nasdaq:ggpi) and over the past year
over 60 institutional investors and
hedge funds
have held shares of gorees guggenheim
with institutional ownership currently
over 36 percent. now the next company on
this list is a very interesting
opportunity so if you've watched this
much of the video and find any value in
my video can I ask you to smash that
like button
it literally costs you nothing but helps
me out so much the next ev company is
fisker. Fisker is different than nearly
every other ev company out there their
entire business model is different and
they have a very interesting history
that I hope that they have learned from
in 2007 henrik fisker founded the first
fisker company they produced the world's
first production luxury plug-in hybrid
electric vehicles
in 2008 and first delivered in 2011
however production was suspended in 2012
due to the bankruptcy of its battery
supplier a123 systems
which I have mentioned on the channel
before. (NYSE:FISKER) was relaunched in 2016 and
went public
onto the new york stock exchange through
a merger with spartan energy corp in
october 2020.
So who is henry fisker? He is an
acclaimed designer
who has designed several aston martin
cares over the last decade the v8
vantage and the db9 are both credited to
him and he has brought in other aston
martin personnel too. (nyse:fisker) is a
pre-revenue startup and what makes them
interesting
is what they call the asset-lite business
model
fisker is bypassing large factory costs
by doing contract manufacturing and
bypassing the need to have a dealer
network by doing direct sales this makes
them a very interesting investment but
there are pros and cons to this business
model on one hand (nyse:fisker) does not have
to buy a factory and on the other hand
they lose some margin because they're
paying someone else to build the car.
Fisker has just launched their first
model the ocean suv
which starts as low as 37,000
with production starting in 2022
which will be built by magna
international which is a joint global
auto industry supplier with the second
fiscal model due to be built by foxconn
at the production facility the foxconn
have recently purchased from lordstown
motors
fisker hopes to sell 250 000 units a
year out of the u.s production and then
expand into europe if there is demand
with the share price of just over 17
and a market cap of only 5 billion
fisker is the second smallest company on
this list
but what do the analysts think about
fisker looking at tip ranks eight wall
street analysts have set price targets
for fisker in the last three months the
average price target is 26 dollars with
a high forecast of 40 and a low forecast
of 18
which represents 45 upside from the last
price of 1783.
as i've said before there are very high
barriers to entry to the ev sector and
any startups need to have strong
financials fiscal currently have over
1.4 billion in cash and total assets of
over 1.6 billion liabilities amount to
757 million but this is largely made up
of convertible notes so this is a very
strong balance sheet and fisker is
backed by several large institutions
with ownership of over 27 percent
interestingly fisker is also heavily
shorted with 27 percent of the float
shorted so there is the possibility here
of a short squeeze opportunity too.
the next company brand themselves as an
all-american ev company
but are they really just that
lucid group is an american ev maker
headquartered in california lucid was
founded in 2007 and originally focused
on building electric vehicle batteries
and powertrains for other vehicle
manufacturers
in february this year
lucid confirms they were in talks with
this back churchill capital group (cciv)
to bring the company public to a reverse
merger which valued lucid at 24 billion
dollars lose it is backed by several
alleged investment funds including the
public investment fund of the kingdom of
saudi arabia
who are registered as by far the largest
shareholder with the controlling
interest of the company owning over 60
percent of the total shares in terms of
production lucid has its flagship
manufacturing factory amp-1 in arizona
the factory was designed and implemented
with a future ready strategy in mind and
the current production capacity is 34
000 units with production expected to
increase
so far (nasdaq:lucid) produces just one car the
lucid air.
and the very first sales of this ev have
just begun in recent weeks but the sales
and reservation figures have been very
promising the lucid gravity project is
well underway and lucid expects to have
more evs in production in the coming
years lucid is very much the luxury care
brand of this list and their price
reflects that
the lucid air is stunning to look at and
the lucid air range
rating of 520 miles is unrivaled in the
industry
no other competitor comes close
520 miles beats the nearest competitor
by over 100 miles
but this luxury and range does come at a
price with the lucid air starting at 77,000
(NASDAQ:LCID)
but to get the
mile range
the top of the range model will set you
back a cool $169,000
as per the company's website
looking at tipranks we can see the
three analysts have price targets for
lucid the average price target
represents 17 upside from the last price
of 37.66
but this is skewed by morgan stanley's
price target of only 16
both citigroup and bank of america have
issued price targets with closer to 90
percent upside at 57 and 60 dollars
respectively
lucid are well financed but this is
needed
looking at the balance sheet lucid have
over 4.7 billion dollars in cash and
total assets of over 6 billion they have
liabilities of 1.2 billion
but this is largely made up of this
warrant liability of 800 million
so overall this is a fantastic balance
sheet but we must remember that this
company is valued at over 60 billion
dollars so this is expected and this is
needed when we look at their cash burn
for the three months ended september
2021 lucid had
total loss from operations of 497
million and a loss of just over 1
billion for the year so far so with this
cash burn it is easy to see why they
need so much cash and why in the past
week they announced issuing a
convertible senior note with a 1.75
billion dollar valuation
now there is a number of companies that
do not make this list for various
reasons
the main one of these is tesla due to
its high price and the fact that this is
a mature company the market leader and
everybody already knows about them then
we have rivien
that recently ipo'd and has a market cap
of close to 100 billion dollars although
i am sure that ravine has a big role to
play in the ev sector I just feel that
the current price is too high risk
considering that they have no sales
and there is too much hype around them
at the moment
although rivien do have major backers
that include amazon I just feel that
there will be better opportunities in
the near future
to buy into rivien stock the next
company on my list is very speculative
very high risk
but the price is still very low
spi energy
spi is a global renewable energy holding
company and provider of solar storage
and electrical vehicle solutions for
business residential government
logistics and utility customers and
investors they operate through a series
of subsidiaries in the solar and ev
industry one of these is the ev brand
edison future motors
that recently debuted their next
generation electric pickup truck the
ef-1t at the la auto show and the la
convention center
the ef-1t is developed in partnership
with the kona and leading auto partners
and is the first product in a line of
advanced all-electric pickup trucks and
last mile delivery vans so far this ev
is just a concept vehicle
so on this list spi is miles behind the
rest but I do like the look of this
pickup truck and this is very much an
early stage company this makes the list
due to what they offer at a very low
market cap and share price
when comparing spi to other companies in
the industry
in terms of valuation their ratios stand
up pretty well
although their information is dated
the most recent financials showed that
spi has cash of 38 million dollars and
total assets of 217 million
total liabilities of 168
and in terms of revenue in 2020 they
recorded 138 million in sales and a
total loss of 6 million
dollars
the share price of sbi is only four
dollars and the current market cap is
less than 100 million
there is one analyst price target of 12
that was set by maxim group and this is
nearly three times the current price so
now getting to the end of the video if
you have watched all the way through you
are a true legend and I would really
appreciate if you could smash that like
button and and drop me a comment down
below and let me know what you think is
the best value in the ev sector right
now each and every company on this list
has its own unique features and
advantages in terms of who produces the
best looking ev that would probably go
to lucid motors who also offer the best
range but this does come at a very high
price and not everybody is able
to spend over one hundred and sixty
thousand dollars on their care on the
flip side of this fiscal is trying to
produce and sell evs at a very low cost
by keeping cost to a minimum and in
terms of design and quality the fiskar
ocean
looks really good too I would expect
nothing less from a man who's credited
with designing luxury cars good enough
for james bond
i feel like that at the current price
this might just be the best value on
this list but it is still very early
days and time will tell nio has
everything they are an established brand
second only to tesla they have huge
partnerships in place such as the deal
with shell and are rapidly expanding
across the globe at this price nio is
certainly undervalued but nio becomes
very risky due to being a chinese
company operating out of china this
brings with it various risks that can
put off many investors although I do
think that recent
articles on the likes of seeking alpha
have talked up the risk more than it
actually is then in terms of valuation i
think the ggpi pollster could be the
best of the lot they already are
producing and selling cares they have
spread across the world over the past
year and they have a plan in place to
expand even more rapidly polls there do
have a chinese connection in the fact
that they are
largely owned by gili automotive but
they are a swedish company and are
planning future production to be in the
us also the volvo connection means that
production and expansion plans should
not be a problem for this company at all
and the current valuation of little over
20 billion dollars
it might just be the best of the lot
anyways thanks for watching the video
leave me a comment and let me know what
you think of each of these companies and
enjoy the rest of your weekend
you