Page 30 - Battery Tech News Today

PTI | Updated: Jan 29, 2021, 12:18 IST NEW DELHI: Union Minister Nitin Gadkari on Thursday asked the EV industry to shift towards indigenous battery technologies. With electric vehicles (EVs) fast becoming the new reality, Road Transport & Highways Minister Gadkari has stressed on the need to emerge as pioneers in developing leading battery and power-train technologies, as per a statement from the Ministry of Road Transport and Highways, the ministry said in a statement. "Noting that the cha...

The Source for Market Opinions

Move over EVs — lithium-ion battery technology is being tipped as the next investment space to watch. We take a look at the theme’s key players.

The incredible stock market surge for Tesla isn't just making Elon Musk and Tesla investors rich. Traders betting on lithium miners and battery makers are also

Teslas stock surge is great for lithium miners and battery makers CNN 1/13/2021 By Paul R. La Monica, CNN Business © Krisztian Bocsi/Bloomberg/Getty Images An electric cable runs along the lithium-ion battery of an all-electric Porsche AG Taycan luxury automobile on the production line inside the Porsche AG factory in Stuttgart, Germany, on Thursday, March 5, 2020. Sports-car maker Porsche AG intends to offer more green debt to support its 6 billion-euro ($6.6 billion) in...

Jay Jacobs of Global X ETFs flags the groups he’s expecting to outperform as the Biden administration takes office.

#1. The EV Explosion In 2020, lithium prices managed to snap their multi-year decline and record a 22% rise thanks to ESG and the electrification drive gaining serious momentum. Indeed, the shift from fossil fuels to renewable energy is in full swing, and the EV sector has become a Wall Street darling. The leader of the space, Tesla Inc. (NASDAQ:TSLA), has seen its shares surge 737% over the past 52 weeks; NIO Ltd. (NYSE:NIO) has climbed 1,272%, Workhorse Group Inc. (NASDAQ: WKHS) 637%, Nik...

Amid everything else, a new market cliché emerged in 2020: That the pandemic accelerated trends—such as telehealth, remote working, and online shopping—that were already in motion. Not surprisingly, exchange-traded fund companies, and investors, have been quick to hop on the trends driven by the pandemic, regulatory changes, and social movements. Thematic ETFs have seen explosive growth in the past year. These niche funds typically focus on disruptive technologies such as cloud co...

Tesla (NASDAQ:TSLA) and Nio (NASDAQ:NIO). What Happened: For now, EVs are powered by lithium-ion batteries, and that goes a long way in explaining why the Global X Lithium & Battery Tech ETF (NYSE:LIT) is higher by almost 117% year-to-date. LIT, which tracks the Solactive Global Lithium Index, was ahead of its time as an ETF play on the EV space, debuting in July 2010. Home to 41 stocks, LIT is more a lithium ecosystem idea than dedicated EV ETF, but the fund does allocate 5.29% of its weigh...

Up 40% in the Last 3 Months, Is Albemarle Stock Still a Buy? ALB – Albemarle Corporation (ALB) has been on a run as demand for lithium has skyrocketed with the electric vehicle revolution. Is the stock still a Buy after the recent performance, or should you hold off? Read more to find out. Dec 14, 2020 Albemarle Corporation (ALB) has been one of the better-performing stocks in recent months. The stock is up 43% since September 11th...