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NIO Is Rallying After Its Annual Consumer Event. Analysts Are Raising Price Targets.

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NIO Day 2021 was a success, at least according to Asia’s equivalent of Wall Street. The Chinese electric vehicle maker hosted its annual consumer event on Saturday, launching a new luxury sedan and talking about other battery and software improvements.
Now analysts, mainly based in China and Hong Kong, are raising their price targets.NIO stock (ticker: NIO) closed up about 6.4% Monday to just under $63 a share. Shares are up roughly 1,700% over the past year. The S&P 500, for comparison, finished about 0.7% lower.
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NIO Is Rallying After Its Annual Consumer Event. Analysts Are Raising Price Targets. ....

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Schneider Electric Unveils the Energy Center for Distributed-Energy-Enabled Homes

Homes need a lot more digital smarts nowadays to manage rooftop solar, backup batteries and electric vehicle chargers. It’s nice if those distributed energy resources (DERs) can be integrated with household electrical load controls via smartphone or Alexa or Google voice-activated devices.
Then there’s the need to optimize these DERs and loads against utility time-of-use rates, net-metering tariffs and EV charging rate structures. And in worst-case scenarios, homeowners want to keep critical loads powered via battery or backup generator during outages that can last for hours or days at a time.
This mix of future-forward list of home energy control capabilities is increasingly in demand in markets including California, the epicenter of both DER deployment and wildfire-prevention grid outages. And while mass-market home electrical equipment tends to be optimized for low cost and reliability, both startups and global vendors alike are starting to see an opportunity ....

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NIO, the Chinese Electric-Vehicle Startup, Unveils New ET7 Sedan

Jan. 9, 2021 8:33 am ET
SHANGHAI Chinese electric-vehicle startup NIO Inc. unveiled its fourth production model Saturday, as it prepares to face the challenge of Tesla Inc.’s locally built Model Y crossover, which launches in China in the coming weeks.
At the company’s annual “NIO Day” in the western city of Chengdu, Chief Executive William Li said the luxury ET7 sedan, costing between $69,185 and $81,230 depending on the configuration, would be a “cozy living room” with new autonomous-driving capabilities and features including seats with inbuilt massage functions. The car will be available in early 2022.
“In 2021, we will strive to live up to the expectation and keep moving forward,” Mr. Li said at the launch. ....

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Lateeph Technology, Akoka, Lagos, Nigeria

All information provided as is and for informational purposes only. Neither NGEX nor any of its independent providers is liable for any informational errors, incompleteness, or delays, or for any actions taken in reliance on information contained herein. By accessing the NgEX site, you agree not to redistribute or copy any of the information found therein. ....

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Brookhaven Lab's Top-10 Stories of 2020

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January 6, 2021
UPTON, NY With all the remarkable changes and challenges that took place in 2020, the U.S. Department of Energy’s Brookhaven National Laboratory had a banner year in science. Many Lab employees worked remotely to keep vital science programs running while minimizing the spread of SARS-CoV-2, the virus responsible for the COVID-19 pandemic. And throughout this unprecedented year, dedicated Lab staff collaborated on new ways of working to transform scientific meetings, educational outreach programs, tours, and more to new virtual formats that reached larger audiences than ever before. Among the top stories of 2020, as measured by importance, page views, engagement on social media or all three! are: ....

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