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From: Ms. Baby Boomer3/25/2021 10:29:43 AM
   of 241
 
Watch Tesla, Nikola and these other stocks as
change comes for a trucking market worth
$1.5 trillion, says UBS...





Provided by Dow Jones
Mar 18, 2021 10:15 PM MDT

By Jack Denton

UBS likes infrastructure, battery, and fueling companies, which it believes will enjoy the most tailwind in the zero-emission trucking race

Massive disruption is hurtling down the highway toward a $1.5 trillion global trucking market, as legacy manufacturers and new entrants alike grapple for pole position in a race for dominance in zero-emissions trucks.

Electric vehicles have sped into the attention of investors in the last year, as stocks like Tesla (TSLA), Nikola (NKLA), NIO (NIO), XPeng (XPEV), Li Auto (LI), and BYD roared higher. And that is for good reason: electric vehicles will have penetrated 100% of the global car market by 2040, according to UBS (UBS). By just 2025, the Swiss bank expects two players -- Tesla and Volkswagen -- to have already emerged as the world's top EV sellers, delivering around 1.2 million cars each as soon as next year.

But vehicle emissions concern more than just cars. There are bigger things that move.

Amid changing regulations and technological innovation, both battery-electric and hydrogen-fuel-cell alternatives to internal combustion engines are emerging to disrupt the global trucking market, estimated by UBS to be worth $1.5 trillion.

Essential reading: Buy these 3 battery stocks to play the electric-vehicle party, but stay away from this company, says UBS ( link).

The Swiss bank expects zero-emissions vehicles, or ZEVs, to eventually displace trucks powered by internal combustion engines, with the pace of change accelerating rapidly compared with three years ago as new entrants join the fray.

In a report published on Wednesday with the contribution of 21 analysts, UBS said it expects most of the trucking market to be shared among battery-electric vehicles and fuel-cell electric vehicles, which are powered by hydrogen. Renewable natural gas could also play a smaller role in the market, the analysts said.

The main driving force is global emissions regulations, but the economics of both battery and fuel-cell ZEVs are also highly-competitive. UBS projects that heavy-duty trucks powered by batteries or fuel cells will be more cost effective than diesel by 2030, including the cost of infrastructure. However, input supply remains a challenge, with global shortages in battery cells expected by 2025, according to UBS, and the green hydrogen industry still young.

UBS predicts that 30% of heavy-duty truck sales in North America, Europe, and China will come from ZEVs by 2030, with ZEV trucks making up 40% to 60% of medium-duty sales across these regions.


Read this:Forget Nio and XPeng. This company and Tesla will be the top two electric-vehicle plays by 2025, says UBS ( link).

If Tesla's targets are taken at face value, then its heavy-duty, battery-electric Semi truck will be a "superior alternative" to internal combustion engines by 2025, UBS said.

In fact, to the extent that Tesla can hold on to a lead in battery innovation, analysts at the Swiss bank believe the American company "may have a built-in advantage" over legacy heavy-duty truck manufacturers relying on third parties to supply batteries.

Conventional truck and engine manufacturers are expected to fight hard to retain control, including through new offerings and partnerships, but UBS expects them "to lose at least some share" of the market. Incumbent manufacturers face the "biggest headwind" in this changing space, the bank said.

In medium-duty trucks, new entrants like Rivian, Lion, and Chanje are establishing a presence and will be key challengers. These companies are currently privately held, but could go public through an initial public offering or merger with a blank-check, special-purpose acquisition corporation.

Plus:Tesla faces race with Volkswagen as German car giant targets battery costs and new gigafactories ( link)

As for heavy-duty trucks and engines, expect Tesla, Nikola, and Hyliion (HYLN) to dominate if they are able to execute on their respective visions, UBS said, though incumbents like Toyota and Hyundai are also expanding globally. The analysts noted that both battery-electric and fuel-cell offerings from new entrants are still in development and could fall short of targets for both weight and range.

In UBS' model, all of the following conventional truck and engine manufacturers are expected to lose market share by 2030: Cummins (CMI), Daimler , Volvo -- which owns Mack Trucks -- and Traton , which is majority-owned by Volkswagen and is expected to complete its acquisition of Navistar (NAV) in mid-2021.

In this battle among truck makers, UBS expects infrastructure, battery, and fueling companies to rise above the fray and enjoy the most tailwind. These groups of stocks make up their favorite picks. The Swiss bank is watching power infrastructure company Quanta Services (PWR) and chemicals and battery groups like Albemarle (ALB), LG Chem , and Contemporary Amperex Technology Co. Limited (CATL) .

More of UBS' most- and least-preferred stock picks from the report are outlined in the chart below:

-Jack Denton; 415-439-6400; AskNewswires@dowjones.com

(END) Dow Jones Newswires

03-19-21 0015ET

Copyright (c) 2021 Dow Jones & Company, Inc.

morningstar.com

M

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To: Ms. Baby Boomer who wrote (199)3/25/2021 11:43:34 AM
From: Ms. Baby Boomer
   of 241
 
Nikola CLO Gets $80 Million Stock Haul After Skipping Salary (1)...

Nikola disclosed the equity grants to Worthen and five other current and former executives— worth more than $560 million—in a Monday securities filing ahead of a $100 million share sale by the company.

The executives must stay at Nikola through June 2023 to collect the grants, which are pegged to certain share price targets. “None of the share price milestones have been achieved and none of the performance awards have been earned,” the filing said....


news.bloomberglaw.com

M

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To: Ms. Baby Boomer who wrote (157)3/26/2021 8:12:35 PM
From: nicewatch
   of 241
 
Have you not noticed this stock is down a lot since you started posting here while mostly talking to yourself? You are a marvel of a fade. You go, girl!

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To: nicewatch who wrote (205)3/26/2021 9:02:41 PM
From: Ms. Baby Boomer
   of 241
 
Stalking harassment...

Get a life Lowlife....

M

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To: Ms. Baby Boomer who wrote (206)3/26/2021 9:33:20 PM
From: nicewatch
   of 241
 
How is responding to your post in a public forum with facts and information considered stalking or harassment? I consider you a great asset to this site, please keep posting about NKLA forever! :-) You make me money! I have a wonderful life, thank you. You might want to get one for yourself. You generally sound old, bitter, and lonely. Why is that?

Respectfully yours,
Mr. nicewatch

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From: DJK13/29/2021 11:13:08 AM
   of 241
 
Electric vehicle sector full of long-term opportunities



Wedbush Securities sees an opportunity for long-term investors in the electric vehicle sector.



Analyst Dan Ives: "While the stocks and the EV space is clearly going through a painful digestion period, we view this as a short-term pullback in a multi-year upward rally. The EV investing landscape is bigger than just the auto makers as over the coming years the Street will have an enormous ecosystem of EV battery players (QS among others), green driven EV recycle pure plays (Li-Cycle), and super charger infrastructure vendors driving this transformational market still in the early days of playing out... We forecast the EV market represents a $5 trillion TAM over the next decade with many EV OEMs/supply chain players poised to be major winners over the coming years.



Ives and team also believe stalwarts General Motors (NYSE:GM) and Tesla (NASDAQ:TSLA) will importantly see a restoration of federal EV tax credits under new legislation coming out of the Biden Administration. They think that one of the core underpinnings of the Biden platform will be around pushing clean energy and zero-emissions vehicles with hopes of accelerating the deployment of electric vehicles and ~500k public charging outlets by 2030.



Earlier this month, Volkswagen's big EV commitment lifted the EV sector.



youtube.com

ideanomics.com


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From: Ms. Baby Boomer3/31/2021 12:07:21 PM
   of 241
 
Analyst Actions: Vertical Research Starts Nikola at Buy With $24 Price Target....

(Source: Dow Jones Newswires/MT Newswires)

M

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From: Ms. Baby Boomer3/31/2021 3:23:28 PM
   of 241
 
Biden infrastructure plan
includes pitch for electric
vehicle rebates — Tesla,
GM, Nikola shares gain...


Biden is proposing a $174 billion investment ‘to win the EV
market’....

marketwatch.com

M

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To: Ms. Baby Boomer who wrote (210)4/1/2021 2:26:49 AM
From: nicewatch
   of 241
 
NKLA closed down over 1% on March 31. Do you not have real time quotes?

BTW, EV stands for electrical vehicle and not make believe hydrogen trucks.

0 + 0 = 0

Can you identify yourself as a number in the preceding equation? I'll give you a hint, you're a zero!

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To: Ms. Baby Boomer who wrote (209)4/1/2021 10:58:22 AM
From: Ms. Baby Boomer
   of 241
 
Analyst Actions: RBC Capital Adjusts Nikola's Price Target to $15 From $17...

NKLA has an average rating of Hold...

Price Targets - $15 to $47...

Analysts polled by Capital IQ....

(Source: MT Newswires)

M

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