The Globe and Mail Adam Mayers Published February 19, 2021
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The recent spate of announcements from some of the largest automakers suggests that electric vehicles (EVs) may soon become more commonplace on our roads.
Since mid-January, General Motors Co. GM-N has made a $1-billion investment in its CAMI Assembly Plant in Ingersoll, Ont. to make commercial EVs, struck a partnership with Microsoft Corp. MSFT-Q and Honda Motor Co. HCM-N to build the software and interfaces that will run EVs, and set a goal that all GM vehicles will be emissions-free by 2035. Ford Motor Co. F-N announced a partnership with Google for its cloud and artificial intelligence expertise. And in October, 2020, the former Fiat-Chrysler Automobiles NV (now Stellantis NV STLA-N) announced an investment of $1.5-billion in its Windsor, Ont., assembly plant to make EVs.
These are the top 5 holdings of Greenwoods Asset Management Ltd
Pinduoduo Inc (PDD) - 6,403,552 shares, 26.13% of the total portfolio. Shares added by 94.73%
Sea Ltd (SE) - 2,129,532 shares, 9.74% of the total portfolio. Shares added by 2.73%
Facebook Inc (FB) - 1,520,670 shares, 9.54% of the total portfolio. Shares reduced by 23.51%
ZTO Express (Cayman) Inc (ZTO) - 13,588,116 shares, 9.10% of the total portfolio. Shares reduced by 11.06%
Taiwan Semiconductor Manufacturing Co Ltd (TSM) - 2,615,770 shares, 6.55% of the total portfolio. Shares added by 856.41%
New Purchase: Tesla Inc (TSLA)
Greenwoods Asset Management Ltd initiated holding in Tesla Inc. The purchase prices were between $388.04 and $705.67, with an estimated average price of $512.96. The stock is now traded at around $803.520000. The impact to a portfolio due to this purchase was 2.98%. The holding were 183,980 shares as of 2020-12-31.
Bullish on Ballard Power Systems Inc theglobeandmail.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theglobeandmail.com Daily Mail and Mail on Sunday newspapers.
/PRNewswire/ - Ballard Power Systems (NASDAQ: BLDP) (TSX: BLDP) today announced that it has signed a non-binding Memorandum of Understanding (MOU) with Chart.
Hybrid Train market’ Report @
Hybrid Train Market by Propulsion Type, Application, and Operating Speed: Opportunity Analysis and Industry Forecast, 2020–2027,” Global hybrid train market size was valued at $16.2 billion in 2019, and is projected to reach $23.9 billion by 2027, growing at a CAGR of 6.6% from 2020 to 2027. Hybrid train is the locomotive, which utilizes rechargeable energy storage systems placed in between the power source and traction transmission systems. Diesel-electric hybrid trains are most widely used railway vehicles across the globe, owing to their advantages, such as reliability, safety, sustainability, and others, over conventional fuel trains. Railroad transportation is more fuel-efficient than road transport, owing to its ability to efficiently transport heavy loads or passengers with minimum cost and reduced pollution. Therefore, this is expected to increase the demand for hybrid trains in the near future.