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The document summarizes the analyst's short position in KNDI stock and arguments for why the company is overvalued. The analyst believes KNDI is overvalued because investors view it like Tesla, but EVs have failed in China previously and KNDI faces many competitors. The document provides background on KNDI, its electric vehicles, a car sharing service, and a joint venture. It discusses China's focus on green technology but past failures of EV subsidies to boost private demand. Overall the analyst argues KNDI is overvalued given competitive pressures, an SEC investigation, and reduced earnings potential.
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8 (2)
A CEC combina as melhores características da CE e da HPLC, permitindo:
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2) Separações altamente eficientes de microvolumes de amostra sem bombeamento de alta pressão;
3) O transporte da fase móvel através da fase estacionária por bombeamento eletrosmótico, resultando em perfil de fluxo plano e maior eficiência na separação.
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EV| Electrical Vehicles| All you need to know| November 2020
Blog – Electrical vehicle Sales – November 2020
The plug-in car market share was 4.9% (same as in September), which means that one in 20 new cars are already rechargeable. - https://insideevs.com/news/457755/global-plugin-electric-car-sales-october-2020/
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Mobility
The document provides an overview of the electric vehicle market and industry. It discusses the history of electric vehicles beginning in the early 1800s. While interest started then, the market only took off when Tesla entered in 2008 with the Tesla Roadster, reigniting public interest in electric cars. In 2021, global electric vehicle sales surpassed 6.5 million units, a 120% increase over 2020. Currently, Mainland China leads the market with almost 50% share. The document outlines key drivers, challenges, and trends shaping the industry.
Electric Car Market
Electric vehicles market is a hot topic today because of its strong link with environmental regulations fixed by governments of all developed countries,
Cannon is taking part in this significant change.
For more infos, read the following article
https://www.linkedin.com/pulse/future-electric-vehicles-market-cannon-s-p-a-
Electrical Vehicle (EV)
1. The document discusses the transition from internal combustion engine vehicles to electric vehicles. It provides details on different types of electric vehicles and compares their efficiencies and emissions to combustion engines.
2. Infrastructure challenges for electric vehicle adoption are addressed, including developing adequate public charging networks and increasing the energy efficiency of batteries. Government policies to incentivize electric vehicle production and consumption are also examined.
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Electric Vehicles
The electric vehicle market has grown rapidly in recent years due to improving technology and decreasing battery prices, as well as government subsidies. The market share of electric vehicles increased from 4% to 5% by 2020. Leading markets for electric vehicles are currently China, Europe, and North America. Key factors driving future electric vehicle market growth include expanding charging infrastructure and the increasing adoption of electric buses and mid-priced electric vehicles.
Juliana Mendonca BMW Assignment - May 2018
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It also includes detailed statistics about Automotive sales, market share and OEM capacities.
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Business Operation AssignmentCase Study Operations Strategy at B.docx
Business Operation Assignment
Case Study Operations Strategy at BYD of China, Electrifying the World’s Automotive Market
The Chinese company BYD is pursuing electric cars and hopes to become the world’s largest car company. With the financial support of American Warren Buffett, the company, which has only been in existence for a few years mostly making batteries, has caught the attention of not only Mr. Buffett but also many in the auto industry. This case examines the favorable conditions, technology and the operations strategy that are propelling this Chinese company to the forefront of the not so distant future of the auto industry. Many Americans and Europeans have never heard of the Chinese firm called BYD. In fact, it isn’t really clear what the letters representing the company’s name stand for, although some joke that recently it has meant “Bring Your Dollars.” The company’s latest PR message states that BYD stands for “Build Your Dreams.” BYD is a public company which started making batteries in 1995. Although Chinese-made batteries were already available, they were of poor quality. Imports of higher quality batteries were available in China mostly from Japan, but they were quite expensive. To satisfy the need for high quality and low cost batteries, Wang Chuan-Fu started BYD. Wang, who was a graduate of the Beijing Non-Ferrous Institute, found his competitive advantage by studying Japanese batteries and finding creative ways of making similar batteries at a lower cost. Wang had been fascinated with batteries as a graduate student at the Institute and now seeks to take that passion to the global automobile market.
ELECTRIC AND HYBRID CARS
Electric cars (also known as electric vehicles or EVs) rely exclusively on battery power. With an all-electric EV there is no internal combustion engine, muffler, gasoline tank, air and fuel filters, and other parts needed to run a gasoline powered system. The vehicle itself also produces no tailpipe emissions, and by getting its power from an efficient utility company, overall it produces fewer greenhouse gases. This is especially true if the electricity is produced with nuclear power, clean coal or natural gas. EVs are also less expensive to fuel on a per mile basis. Electric cars, however, have a shorter driving range and are difficult to operate with long distance travel (Exhibit 1). There are also some safety concerns associated with using a lithium ion battery, as lithium is a highly reactive material prone to explosion. EXHIBIT 1 Source: www.hybridcars.com.This case was prepared by Charles A. Rarick, Kasia Firlej, and Arifin Angriawan of Purdue University Calumet and was published in the Journal of the International Academy for Case Studies 17, no. 1 (January 2011), pp. 19–28. It was prepared solely to provide materials for class discussion. The authors do not intend to illustrate either effective or ineffective handling of a managerial situation. It has been revised by Roger G. Schroeder, 2 ...
abhishek519cr1003-210830110611.pptx
India offers the world’s largest untapped EV market, especially in the two-wheeler segment. With several automakers rolling out EV vehicles at a rapid pace, the penetration of these vehicles has increased significantly in the past few years. As per a recent study, electric vehicles (EVs) market is expected to be worth around at least ₹475 billion by 2025. The penetration of electric two-wheelers is projected to reach up to 15% by 2025 from 1% currently.
As business activities gain pace and the Indian economy rebounds its way in 2022, the auto industry is set to enter a new phase of growth, innovation and investment. However, the road to the future of EV is battling various challenges. While the government is aggressively promoting EV adoption in India, the inadequate infrastructure, lack of high performing EVs and high upfront cost is causing a major hindrance for its mass adoption.
Capital cost has always been a major factor in th
Capital cost has always been a major factor in the EV purchase decision, with 63% of consumers believing that an EV is beyond their budget. The lack of adequate charging infrastructure in our country is a huge barrier to increased EV penetration. Compared to traditional petrol stations, charging stations are harder to find, normally limited by investment costs and difficult infrastructure development enabling people to charge where they usually park, at home or at work, which presents its own challenges, such as dealing with multi-tenant buildings, grid-connection management, and charging slot availability. It is anticipated that there will be a shortage of nickel, and scaling up lithium production would be a challenge, leading to supply shortage that may cause manufacturers to use lower-quality mineral inputs, adversely affecting battery performance.
EIU Report China Electric Vehicles
China plans to become the industry leader in electric vehicle development. The Chinese government wants to have 5m new energy vehicles (NEVs) on its roads by 2020. What are China’s chances of meeting its ambitioyus development plans? Does China need to expand its definition of EVs to include some low-speed vehicles? What does this mean for the automotive industry as a whole?
This report also gives an assessment of how China's EV plans compare with those of other countries, notably the US, and what effect China's public investment in the technology will have on carmakers' own investment plans. Download the free summary and share with your colleagues.
Future of mobility for external author lucio ribeiro
The document discusses several trends impacting the automotive industry, including the shift toward connected, autonomous, shared and electric vehicles. While many predicted personal car ownership would decline with these changes, the number of vehicles has actually increased in major cities. Car sharing services have also struggled, with some folding operations. Electric vehicle adoption remains low at around 1% of new car sales. The future of mobility remains uncertain, with factors like infrastructure, consumer preferences and economic conditions influencing how the industry evolves. The summary discusses trends but notes uncertainty remains around how quickly changes will be adopted.
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The document provides an analysis of BYD, a Chinese automotive company. It includes a PEST analysis of China's political, economic, social and technological environment. There is also an industry analysis of trends in electric vehicles and a Porter's five forces analysis. Competitors like Toyota, Volkswagen, and Chery are analyzed. BYD's resources and capabilities are examined. The document concludes BYD has achieved a blue ocean strategy and recommends expanding hybrid models, partnering with Volkswagen, and improving charging infrastructure.
Byd - chinese automobile industry, electric segment - DDIM 2010/2011 Shanghai
The document provides an analysis of BYD, a Chinese automotive company. It includes a PEST analysis of China's political, economic, social and technological environment. There is also an industry analysis of trends in electric vehicles and a Porter's five forces analysis. Competitors like Toyota, Volkswagen, and Chery are analyzed. BYD's resources and capabilities are examined. The document concludes BYD has achieved a blue ocean strategy and recommends expanding hybrid models, partnering with Volkswagen, and improving charging infrastructure.
CK2018: Early Adopters of Electric Mobility
Electric vehicles are growing rapidly but still make up a small fraction of vehicles globally. In 2016 there were over 2 million electric vehicles sold, with China and the US making up 60% of sales. Several automakers have announced ambitious targets to increase electric vehicle production in the coming years. Factors like falling battery prices, increasing battery energy density and renewable energy use have driven more interest in electric vehicles. Countries provide various financial incentives like tax exemptions and subsidies to promote electric vehicle adoption. Researchers in India are calling for a long term roadmap including policy support, charging infrastructure development and boosting local electric vehicle manufacturing through duty changes and investment in battery and component production.
Market Research Report : Electric vehicles market in china 2015 - Sample
For the complete report, get in touch with us at: info@netscribes.com
Abstract :
Netscribes’ latest market research report titled Electric Vehicle Market in China 2015 highlights the current as well as the future electric vehicle market scenario in China. Led by government support, Chinese Electric Vehicle market is expected to witness phenomenal growth in the coming years. Rising population and growing transport demand provides an impetus to the growth of the market. Foreign dependency on crude oil is expected to emerge as a major growth driver for the Chinese electric vehicle market. Reduction mandate of CO2 emission is also expected to boost the growth prospects of the electric vehicle market in China. However, The players operating in the market also face challenges which are impeding their development and growth. Electric vehicle performance has emerged as a major challenge facing the market growth. Cost constraints and battery life cycle are also expected to have an unfavorable impact on the growth of the Chinese electric vehicle market.
Chinese government has announced several programs to promote the development of EV in China. Some of the major initiatives covered include development plan for fuel-efficient and new energy vehicles (2011-2020), ten cities, one thousand vehicles program and research and development support policies. The government is also offering various fiscal incentives to complement mandatory vehicle efficiency standards Emerging trends in the electric vehicle market include product innovation, infrastructure development and growing competition.
Table of Contents :
Slide 1: Executive Summary
Macroeconomic Indicators
Slide 2: Current Account Balance (2010 – 2015e), Exchange Rate: Half Yearly (Jan 2014 – May 2014)
Slide 3: Lending Rate: Annual (2010 – 2013), Trade Balance: Annual (2009 – 2012), FDI: Net Inflow (2009-2012)
Slide 4: GDP at Current Prices: Annually(2010 – 2015e), Inflation, Average Consumer Prices (2010 – 2015e)
Introduction
Slide 5: Electric Vehicle Market - Segments
Slide 6: Differentiating Factors Overview between electric vehicles (EV) and Plug-in Hybrid Electric Vehicle (PHEV)
Slide 7: Electric Vehicle Battery Overview
Market Overview – Global
Slide 8: Top 21 Electrified Vehicles: Sales Wise (2013)
Slide 9: Global Electric Vehicle Market Segments – Overview (2013)
Slide 10: Top Countries: EV Market Share (% of Total Auto Market)
Market Overview – China
Slide 11: Electric Vehicle Market Overview (Volume – wise; 2013,2015,2020e)
Slide 12: Electric Vehicle – Market Snapshot
Slide 13-16: Top Speed Pure Electric Car Models
Direct Investment Scenario
Slide 17: Direct Investments Scenario – Summary
Slide 18-26: Direct Investments Scenario – Major Companies
Drivers & Challenges
Slide 27: Drivers and Challenges – Summary
Slide 28-33: Drivers
Slide 34-36: Challenges
Key Trends
Slide 37: Trends – Summary
Slide 38-40: Major Trends in the Market
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Let's be real for a second – the world of meme coins can feel like a bit of a circus at times. Every other day, there's a new token promising to take you "to the moon" or offering some groundbreaking utility that'll change the game forever. But how many of them actually deliver on that hype?
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Falcon stands out as a top-tier P2P Invoice Discounting platform in India, bridging esteemed blue-chip companies and eager investors. Our goal is to transform the investment landscape in India by establishing a comprehensive destination for borrowers and investors with diverse profiles and needs, all while minimizing risk. What sets Falcon apart is the elimination of intermediaries such as commercial banks and depository institutions, allowing investors to enjoy higher yields.
Independent Study - College of Wooster Research (2023-2024) FDI, Culture, Glo...
Independent Study - College of Wooster Research (2023-2024) FDI, Culture, Glo...AntoniaOwensDetwiler
"Does Foreign Direct Investment Negatively Affect Preservation of Culture in the Global South? Case Studies in Thailand and Cambodia."
Do elements of globalization, such as Foreign Direct Investment (FDI), negatively affect the ability of countries in the Global South to preserve their culture? This research aims to answer this question by employing a cross-sectional comparative case study analysis utilizing methods of difference. Thailand and Cambodia are compared as they are in the same region and have a similar culture. The metric of difference between Thailand and Cambodia is their ability to preserve their culture. This ability is operationalized by their respective attitudes towards FDI; Thailand imposes stringent regulations and limitations on FDI while Cambodia does not hesitate to accept most FDI and imposes fewer limitations. The evidence from this study suggests that FDI from globally influential countries with high gross domestic products (GDPs) (e.g. China, U.S.) challenges the ability of countries with lower GDPs (e.g. Cambodia) to protect their culture. Furthermore, the ability, or lack thereof, of the receiving countries to protect their culture is amplified by the existence and implementation of restrictive FDI policies imposed by their governments.
My study abroad in Bali, Indonesia, inspired this research topic as I noticed how globalization is changing the culture of its people. I learned their language and way of life which helped me understand the beauty and importance of cultural preservation. I believe we could all benefit from learning new perspectives as they could help us ideate solutions to contemporary issues and empathize with others.^%$Zone1:+971)581248768’][* Legit & Safe #Abortion #Pills #For #Sale In #Duba...
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Tdasx: Unveiling the Trillion-Dollar Potential of Bitcoin DeFi
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Tax System, Behaviour, Justice, and Voluntary Compliance Culture in Nigeria -...
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Short kndi
- 1. Kandi Technologies Group (KNDI) Aloke Desai April 6, 2014
- 2. Thesis Short position ($20,000) in KNDI KNDI is overvalued because of investors looking for the next TSLA (looking at it is if it were an American company) EVs have continuously failed in the past in China Lots of competitors, SEC investigation, and reduced earnings don’t make KNDI one of the better EV companies in the market
- 3. History Small-cap Chinese automotive company founded in 2002 by Hu Xiaoming Built mostly electric go-carts until 2008 Pivoting to low-cost EVs Currently China’s largest exporter of EVs to the US (3,000/year)
- 4. Kandi Crush Two models: JNJ6290 (2 door): $6,800 JL7001 (4 door): $14,500 Quick battery exchange Battery is leased to reduce cost
- 5. Car Sharing Service Meant to compete with popular bike sharing services Hopes to convert nontraditional drivers, especially during weather (toxic haze, rain) $3.28/hour Extremely costly (400k, only holds 30 cars) Most people bike because of lack of parking
- 6. Geely Joint Venture Recently formed a 50-50 joint venture with Geely (largest Chinese car company, owner of Volvo) Geely has invested $170M, but KNDI will have to finance much more than this even considered the 50% equity Investors are most concerned about this deal from conference call
- 7. Green Technology in China Common misconception that China isn’t focusing on the environment China has been significantly outspending the US in green technology by almost double Pew Research: “China is winning the clean energy race” China has imposed auto efficiency standards, subsidies, and clean energy tax incentives
- 8. Top 10 Countries in Clean Energy Investment China $34.6B United States $18.6B United Kingdom $11.2B Rest of EU-27 $10.8B Spain $10.4B Brazil $7.3B Germany $4.3B Canada $3.3B Italy $2.6B India $2.3B
- 9. Chinese Car Market China is world’s largest car manufacturer Only 8.5% of Chinese population owns car Same rate as America in 1940 79.7% in America currently Urban areas are much more concentrated In urban areas many bike because finding a parking space is incredibly inconvenient
- 10. EV Car Market Name Annual Capacity City Price Zhangjiagang Haowin New Energy Technology 120,000 Shanghai $10,000 Jinan Qingong International Trade Co. 104,000 Qingdao $6,400-$8,600 Guangfeng Xiaoni Trading Im. And Ex. Co. 96,000 Tianjian $3,500-$7,650 Guangdong Yatian Industrial Co. 60,000 Qingdao $6,5000
- 11. China EV Reports WorldWatch: “China’s Electric Vehicle Development Failing to Meet Ambitious Targets” “targets are overly optimistic and unattainable” Only 20,000 new energy vehicles were sold in 2011- 2012, meeting only 4% of the 2015 target McKinsey, July 2013 “Government subsidies have failed to stimulate consumer demand” EV buyers in Shenzhen only sold 600 Evs in 2012 even though $8,000+ in subsidies Quartz “Scant sales have turned China away from focusing on [electric cars] right now”
- 14. Parking Americans don’t realize how bad parking is in urban China Shanghai: 40M, Beijing: 20M Many apartments don’t have attached garages
- 15. Chinese Subsidies China has planned on EV subsidies, up to $9,800, until 2015 Used to be higher, subsidies have been reduced because of lack of demand WorldWarch and McKinsey both show that subsidies haven’t change private demand—only public
- 16. BYD Auto Considered the poster child for EV cars in China 17B Chinese car manufacturer with heavy emphasis on electric cars Has recently been de-emphasizing electric vehicles because “hype for electric vehicles has … gotten ahead of the realities”
- 17. 5 Year Trend 0 5 10 15 20 25 4/5/05 4/5/06 4/5/07 4/5/08 4/5/09 KNDI 5 Year Trend Close
- 19. Financials
- 20. Valuation Earnings Based: Comparables: Pre-2013 KNDI: 42 SAIC (600104.Shanghai): 6.38 Dongfeng (HK.0489): 8.19 Great Wall Motors (HK.2333): 11.13
- 21. More Complicated Model Assume net profit increases by 75% (68% last year): $30,983,775 Future Company value: 15* 30,983,775= $464,756,625 WACC: 9.7% => discount factor of .831 over the span of two years Current Value: $386,212,755 Shares Outstanding: 37M $10
- 22. SEC Investigation Reasons for SEC Investigation not disclosed but KNDI has been investigated by SEC since November. From 10K: Investigation could “impose substantial distractions, regardless of its outcome”
- 23. Risks Acquisition—very low chance after partnership with Geely Increased subsidies that start working Suburbia
- 24. Questions