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3 Stocks To Play The 'Massive EV Market Opportunity' Heading Into 2022

Benzinga2021-12-14

The year 2022 will be an inflection point for the EV industry, given the stage is set for massive consumer demand, an analyst at Wedbush said.

Global EV Penetration to Increase By 60% In 2022:Although the chip shortage remains a lingering overhang on the EV industry, the impact will be moderated in the next three months, analyst Daniel Ives said in a note. Supply constraints will likely move from a headwind into a tailwind for the overall EV sector in 2022, he added.

The analyst sees an unprecedented conversion to EVs, as more consumers are attracted to the innovative designs, improved battery technology, lower price points, and the environmental backdrop of buying an EV.

EVs, which currently account for only 3% of autos globally, will likely reach 5% of vehicles by 2022 and 10% by 2025, Ives said.

Tesla To Take A Bigger Chunk Of The Pie:Of the $5 trillion green tidal wave of EV spending expected over the next decade, about $2.5 trillion is Tesla, Inc.'s to own, as the EV maker has an iron grip on the market, the analyst said.

The other $2.5 trillion is up for grabs among 100+ OEMs, Ives said. The EV industry isn't likely to be a "zero sum game," and instead there will be a slew of winners, he added.

On the OEM front,Tesla is in pole position to expand its capacity and exceed 50% year-over-year unit demand growth in 2022, the analyst said.

Rivian Set to Create New Category In EV Space:Rivian Automotive, Inc. is in a very strong competitive position on the EV consumer luxury front and is focusing its efforts on the execution of the R1T and R1S scheduled for deliveries in 2022, Ives said.

The company is the world's first EV SUV/pickup/outdoor vehicle brand and has more than $10 billion in funding before going public, with Amazon, Inc. and Ford Motor Company as major investors, the analyst noted.

Rivian already has 48,000 pre-orders for their R1 platform, in addition to 100,000 Amazon initial orders for their last-mile delivery vehicles, he added.

"Rivian is set to create a new category in the EV space with its game-changing debuts, a massive Normal, Illinois factory footprint, and create a major brand within the EV market over the next decade," Ives said in the note.

GM Has A Golden EV Opportunity:Looking past near-term issues, including the chip crunch and the Bolt recall,General Motors Corporation has a golden opportunity to ultimately convert 20% of its massive customer base to EVs by 2026 and north of 50% by 2030, Ives said.

The green tidal wave and EV conversion opportunities will change the long-term growth trajectory at GM over the next decade, with overall revenue set to double by 2030, the analyst said.

In a bull case scenario, GM's stock could hit $100 over the next 12 to 18 months as the EV vision under CEO Mary Barra begins to take shape and markedly ramp up, he added.

EV Stock Price Action: On Monday, Tesla shares fell 4.98% at $966.41.

Rivian shares rose 3.7% to $118.9.

General Motors fell 6.45% at $59.13.

免责声明:本文观点仅代表作者个人观点,不构成本平台的投资建议,本平台不对文章信息准确性、完整性和及时性做出任何保证,亦不对因使用或信赖文章信息引发的任何损失承担责任。

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  • JcJc
    ·2021-12-14
    GOOD 👍 
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  • Jypsy
    ·2021-12-14
    👍
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  • SamYYL
    ·2021-12-14
    Good and like 
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  • Ahzhun
    ·2021-12-14
    Tesla shares will still increase but growth will be slower as other players are taking the pie. So I guessthe best is to buy EV etf such as Ark,qqq?
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    • Ahzhun
      Yes! And so will the EPS be reduced.
      2021-12-14
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    • Ahzhun
      Yes! EV definitely is a promising industry as the whole world is pumping money into them. But to reduce the risk, i would still prefer EV etf. It has batteries industries which are correlated to EV.
      2021-12-14
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    • PagRobinson
      Electric vehicle is a promising industry. Demand is also high. You can choose several electric vehicle companies with good R & D ability to invest.
      2021-12-14
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  • 圆圆蔡
    ·2021-12-14
    Great ! 
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  • Jazim
    ·2021-12-14
    Okay
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  • Chris68
    ·2021-12-14
    Great 👍 
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    收起
    • 圆圆蔡
      Yes
      2021-12-14
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    • Chris68
      Y es
      2021-12-14
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  • highhand
    ·2021-12-14
    Electrifying news! 
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  • balm
    ·2021-12-14
    Good article
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  • afzaloretro
    ·2021-12-14
    Like
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    • TTH4Legs
      Liked
      2021-12-14
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    • sugizoi4u
      Done
      2021-12-14
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  • ALAL
    ·2021-12-14
    Great
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  • koolgal
    ·2021-12-14
    I like Tesla first, followed by Rivian and then Lucid.  GM of course is well established and already has a customer base.  Check out $iShares Self-Driving EV and Tech ETF(IDRV)$ if you have a limited budget.  It is also well diversified too.  Best of luck. 🚀🚀🚀🌙🌙🌙
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    • koolgal
      Thanks
      2021-12-14
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    • koolgal
      Thanks
      2021-12-14
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    • KevYu
      [USD]
      2021-12-14
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  • Strawberry88
    ·2021-12-14
    Wonder why GM. There are also talks about polestar (GPPI), Lucid, and the many Chinese brands. 
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  • Eepin
    ·2021-12-14
    As much as I would love to see more EV on the road and as much as i have confidence in the potential upside in EV stocks,the biggest players must be in it before EV markets skyrocket.I’m talking about governments all over.They are too heavily invested in fossil fuel industry.It’s gonna take atleast a decade before EV goes mainstream.
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    • GuSen
      SIN going full EV by 2040!
      2021-12-14
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  • Jennycute10
    ·2021-12-14
    Nice
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  • Patek1975
    ·2021-12-14
    Tesla to the moon [Cool] 
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  • Eepin
    ·2021-12-14
    Tell me your opinion about this news...
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  • PingPing80
    ·2021-12-14
    Nice
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  • 458fd99c
    ·2021-12-14
    Gg
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    • 458fd99c
      Ya
      2021-12-14
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  • AetherC
    ·2021-12-14
    We will see more EVs on the road
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    • GaryL
      Lets go
      2021-12-14
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    • indietro_
      Ok
      2021-12-14
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    • Nellywong
      K
      2021-12-14
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