Several electric vehicle and related stocks are moving this morning as it seems the EV (electric vehicle) sector is hitting the gas and picking up speed once again.
When we look at electric vehicles, we should also look at the EV related sectors like batteries, charging systems, and the resources needed to make them. Let’s just think of mining lithium, graphite, and other mineral resources essential to clean energy production as a few examples.
These stocks are some of the electric vehicle stocks and the related sector stock tickers that I have been keeping an eye on. I may or may not trade or hold positions in them at any given time. Please keep in mind that one of these electric vehicle stock tickers should be taken as a recommendation to buy or sell the actual stocks. I am only trying to share with you some of the electric vehicle-related tickers I have found while doing my homework and putting together an EV sector watchlist. Please trade at your own risk and do not take this as investment advice.
TSLA – Tesla is the stock everyone thinks of when you mention electric vehicles and clean energy. As I write this at 6 am on Tuesday 11/17/2020, Tesla is up 12% premarket on news of being added to the S&P 500 in the near future.
PLL – Piedmont Lithium is a lithium mining company and their stock recently had a huge run from around $8 all the way to $54, in two days, on news that it was under contract to mine lithium for…. Tesla! Currently PLL is trading at about $30 and has more news this morning about expanding their drill program.
“Piedmont Lithium is an emerging lithium chemicals company focused on the development of its 100%-owned Piedmont Lithium Project in North Carolina, with the goal of becoming a strategic domestic supplier of battery-grade lithium hydroxide and other chemicals to the growing electric vehicle and battery storage markets in the United States.”
LTHM – Livent Corporation is another Lithium supplier that we recently found out has a contract to supply lithium for, again TESLA. We are starting to see a trend here.
SOLO – ElectraMeccanica is a Canadian EV company based out of British Columbia. They manufacture environmentally efficient electric-powered vehicles and are most known for their “SOLO”, which is described as a single-seat three-wheeled electric vehicle. They were founded in 2015 in Vancouver, B.C., Canada
Electric Vehicle Charging
BLNK – Blink Charging Co. designs and manufactures electric vehicle charging systems and appears to be building an EV charging infrastructure with plans to expand around the globe.
Blink Charging is a leader in electric vehicle charging equipment. We have deployed over 23,000 charging stations since we began in 2009. As early adaptors of electric vehicles, we have become among the largest owner and operators of EV charging stations.
PLUG – Plug power is another clean energy provider that supplies hydrogen fuel cell technology. Hydrogen fuel cells (HFCs) are said to emit zero emissions with improved efficiency when compared to other technologies.
PlugPower.com “a hydrogen fuel cell is an electrochemical power generator that combines hydrogen and oxygen to produce electricity, with water and heat as by-products. Simply put, hydrogen fuel cells form energy that can be used to power anything from commercial vehicles to drones.”
Electric Vehicle Fuel Cells
FCEL -FuelCell Energy Inc. is another of my recent favorites when it comes to fuel cell technology stocks. They are headquartered out of Danbury, Connecticut, and design and manufacture fuel cell technology.
FuelCell Energy, Inc. (NASDAQ: FCEL) is a global leader in delivering clean, efficient, and affordable fuel cell solutions configured for the supply, recovery, and storage of energy. We provide comprehensive turn-key solutions for our customers that include everything from the design and installation of a project to the long-term operation and maintenance of the fuel cell system.
WWR – Westwater Resources, Inc., is a Centennial, Colorado based mineral resources company that was founded in 1977 and specializes in exploring minerals essential to clean energy and battery production. They are currently working on projects with lithium and graphite in anticipation of the rise in demand for these materials for making batteries for the electric vehicle market as well as potential Department of Defense contracts(Wiki).
“WESTWATER GOES ALL IN ON GRAPHITE”
On September 8, 2020 we announced that we had reached an agreement to sell our uranium business so that we could devote all of our available resources to the development of our graphite business and the Coosa Graphite Project. This major step forward is important to the Company and its shareholders – and with it comes focus on a plan to produce battery grade graphite by the end of 2022 and cash flow to Westwater.
WKHS – Workhorse Group is based out of Cincinnati, Ohio. They are currently manufacturing electric vehicles for the delivery and utility sectors as well as delivery drones for the future! They were founded in 1998 and their stock, WKHS, recently started trading higher than usual on rumors of a possible (unconfirmed) upcoming contract with the USPS.
workhorse.com “Our next-generation C-Series Vans are all-electric by design, with composite technology, and a 100-mile range.”
FSR – Fisker Inc. is an American electric vehicle company based out of southern California and founded by Henrik Fisker in 2016.
Welcome to Fisker. The Fisker Ocean is the world’s most sustainable vehicle. Fisker’s all-electric, zero-emissions Fisker Ocean is the world’s greenest car.
KNDI – Kandi Technologies Group, Inc. is one of the Chinese battery technology and electric vehicle manufacturers that I have found recently. They have expanded to the U.S. market and offer more than one model of electric vehicle to choose from.
SC Autosports, LLC is the U.S. subsidiary of Kandi Technologies Group, Inc. (NASDAQ GS: KNDI), doing business under the name Kandi America. Headquartered in Garland, Texas, Kandi America is primarily engaged in the wholesale of off-road vehicle products and distribution of electric vehicles.
SBE – Chargepoint, operating under the ticker for Switchback through a SPAC deal, has been in the electric vehicle charging game since 2007. They provide EV charging station solutions for fleet, home, apartments and more!
ChargePoint Home Flex is our WiFi-enabled, single-family home charger that is ideal for personal garages or driveways.
ALYI – Alternet Systems, Inc. is currently manufacturing battery-powered electric delivery trucks as well as electric motorcycles called ReVolt. They also are working with hemp powered battery technology and have some interesting energy storage products.
“ALYI has developed a comprehensive, long-term electric mobility business strategy focused on rapidly expanding into the market in Sub-Saharan Africa. The strategy begins with the production of ALYI’s proprietary ReVolt Electric Motorcycle designed for a rugged environment and to support the multi-passenger Ride-Share industry in Africa”
NKLA – Nikola Corporation is an American company based out of Phoenix, Az., that intends to bring it’s hydrogen powered electric semi-trucks to life in the near future. They recently secured a deal with GM and have gone through some internal restructuring as far as management goes.
NikolaMotor.com Heavy Duty Fuel Cell Vehicles are electric vehicles with range & fueling time equal to diesels today. Hydrogen has the same benefits of electric vehicles as they use the same electric motors (more horsepower, instant torque, zero emissions, etc.) while eliminating many issues derived from battery electric vehicles (long recharge times, limited range, cold start, added weight, etc.).
LI – Li Auto Inc. is a Chinese electric vehicle manufacturer headquartered in Beijing, China. They were founded in 2015 and recently had their IPO this year.
IDEX – “Ideanomics is a global company that facilitates the adoption of commercial electric vehicles and supports next-generation financial services and fintech products.”
XPEV – Xpeng Motors is another Chinese electric vehicle manufacturer worth looking at however, they are having some controversy over technology that may have been “borrowed” from other manufacturers so I would definitely do my homework and trade with caution if I took a position in this electric car company.
KCAC – QuantumScape is trading under the ticker for Kensington Capital Acquisition Corp. through another SPAC merger deal. They specialize in fast charging, solid-state, lithium-metal battery technology used in electric vehicle manufacturing.
Well, there you have it. Several electric vehicle manufacturers and companies that provide EV charging technology and even electric car, home-charging solutions.
If you have any electric vehicle companies that I did not mention, please feel free to reach out @pennystockchris on Twitter and I will look into them!