We actually live in interesting times – and in many ways that’s a good thing. Take e.g. The automotive industry. Technology is changing at a rapid pace, and when it settles down, it will dramatically change the way we drive. By 2030, our concept of ‘car’ will probably not be recognizable to motorists from 1980. The biggest changes come from electrical systems and artificial intelligence. AI will bring autonomous technology to our cars and make self-driving vehicles a reality. But changes in the electricity system hit us first. In fact, electric vehicles are already on our roads, and electric car (EV) companies are growing rapidly. Currently, there are several avenues for potential success in the EV market. Companies are working to position themselves as leaders in battery technology or electric trains or to maximize their range and performance per. Charging. It is a fact-based industry environment that provides both opportunity and excitement for investors. Smart investors will look for companies that are able to meet scaling requirements once they have entered the market. Investment firm Morgan Stanley has followed the EV industry and sought innovative new design and manufacturing companies that position themselves for gains as the market matures. The company’s car analyst, Adam Jonas, has chosen two stocks that investors should seriously consider buying, saying “When examining the EV / battery startup landscape, we prioritize highly differentiated technology and / or business models with a path to scaling to a reasonable level of risk. . “When we open the TipRanks database, we have retrieved the details of both Jonas’ choices to see if they could fit well with your portfolio. Fisker (FSR) First up, Fisker, is based in Southern California, the epicenter of so much of our cutting-edge technology industries. Fisker’s focus is on solid state battery technology, a growing alternative to the lithium-ion batteries on which most electric cars depend. While more expensive than older lithium-based systems, solid state batteries are safer and offer higher energy densities. Fisker has been busy patenting his movements in solid state batteries, a good strategy to lock in his progress in this field. For electric cars, solid state batteries offer faster charging times, longer range per. Charging and potentially lower battery weight – all important factors in vehicle performance. Every car company needs a flagship model, and Fisker has Ocean – an EV SUV with a mid-price ($ 37,499) and a long-distance system (up to 300 miles). The vehicle has a stylish design and room-mounted solar panels to complement the charging system and is planned for serial production for the markets in 2022. The stylish design reflects the sensitivity of the company’s founder, Henrik Fisker, known for his work with BMW. Z8 and Aston Martin DB9. Fisher entered public markets through a SPAC merger agreement last fall. Since the completion of the SPAC transaction on October 29, the shares of FSR have risen by 112%. Impressed by this company, Morgan Stanley’s Jonas described the ‘Fisker value proposition’ as “… design, time to market, clean sheet user experience and management expertise” and said the 4Q22 launch plan for Ocean is likely to be met. . Fisker is specifically aimed at the privately owned / passenger car company in contrast to commercially oriented end markets, where emotionally charged design and user experience mean something more. In addition, the company wants to create a completely digital experience from the website to the app for HMI in the car and continued customer engagement through its flexible leasing product, ”added Jonas. Consistent with his optimistic outlook for the company (and the car), Jonas Fisker estimates an overweight (ie buy) and sets a price target of $ 27, suggesting an upward 42% for the coming year. (To view Jonas’ track record, click here) Referring to TipRanks data, we’ve found that Wall Street analysts have a number of views on Fisker. The stock has a consensus rating by a moderate buying analyst, based on 7 reviews, including 4 purchases, 2 holdings and 1 sale. Shares are currently priced at $ 18.99 and the average price target of $ 21.20 implies a one year upside of ~ 12%. (See FSR stock analysis on TipRanks) QuantumScape (QS) Where Fisker works on solid state batteries in connection with vehicle production, QuantumScape is a leader in EV battery technology and a potential supplier of the next generation of battery and electrical systems for EV -the market. QuantumScape designs and builds solid state lithium metal batteries, the highest energy density battery system currently available. The main advantages of the technology are safety, longevity and charging time. Solid-state batteries are non-flammable; they last longer than lithium-ion batteries with less capacity loss at the anode interface; and their composition provides faster charging in 15 minutes or less to reach 80% capacity. QuantumScape is betting that these benefits will outweigh the technology’s current higher costs and create a new standard in EV power systems. The company’s strongest link to the EV production field is its connection with Volkswagen. The German car giant invested $ 100 million in QuantumScape in 2018 and another $ 200 million in 2020. The two companies are using their partnership to prepare for mass-scale development and solid-state battery production. Like Fisker, QuantumScape went public through a SPAC deal late last year. The deal, which closed on November 27, put the QS ticker on the public markets – where it immediately rose above $ 130 per share. Shares. While the stock has since declined, it remains 47% higher than the NYSE opening. For Morgan Stanley’s Jonas, involvement in QS stocks comes with high risk, but also high potential rewards. In fact, the analyst calls it, “The Biotech of Battery Development.” “We believe that their solid state technology addresses a very major obstacle in the field of battery science (energy density), which, if successful, can create extremely high value for a large number of customers in the automotive industry and beyond. The risk of moving from a single layers of cells for a production car are high, but we believe that these are balanced by the commercial potential and Volkswagen’s role in helping to guarantee the early production ramp, “Jonas explained. Jonas assesses the shares as an overweight (ie buy) and his price target at $ 70 indicates confidence in a 28% uptrend over a one-year timeframe Admittedly, not everyone is as enthusiastic about QS as Morgan Stanly, QS ‘team consensus rating is based on an even distribution between buy, hold and sell reviews The stocks are priced at $ 54.64 and their recent strengthening has pushed them well above the $ 46.67 average price target. (See QS stock analysis on TipRanks) To find great ideas for EV stocks trading at attractive prices value propositions, visit TipRanks ‘Best Stocks to Buy, a newly launched tool that unites all of TipRanks’ stock insights. Disclaimer: The statements in this article are solely those of the featured analyst. The content is intended for informational purposes only. It is very important to do your own analysis before making an investment.
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