The Future Is EVs!

Electric vehicles are hot at the moment because these cars are being promoted as futuristic rides. Most importantly, companies that are trying to build EVs — are trying to marry the most futuristic technologies into these EVs such as fully autonomous driving. In the United States, we got Tesla, but in China, there are hundreds (or probably more since I don’t know the exact number but I know there are a lot of them) of new EV makers compete for the same niche but eat away the traditional ICE (Internal Combustion Engine) car market. For Chinese EV makers, I’m particularly interested in Nio, Geely, and now Aiways.

As we all know the largest EV market in the whole wide world is in China. So, it’s natural for me to be very interested in the Chinese EV makers. Aiways is different than the other two EV makers I mentioned because Aiways isn’t yet a public corporation/company — and only a three-year-old (private) company. Yet, Aiways can already deliver Aiways U5 to the European market. This means Aiways is the first Chinese car company to deliver EV cars outside of China (homegrown) market. This makes me wish for Aiways to start an IPO (Initial Public Offering) soon so investors around the world can begin investing in Aiways’ adventure as a hot new EV maker.

I just sold all of my Nio position when Nio hit $9.26. Now, Nio is like around $12.88 at closing for the day. I guess I had sold Nio a bit too early. Anyhow, why did I sell all of my Nio position? Well, I read several news articles that had mentioned that the U.S. is trying to pass a bill that would target several Chinese companies that are being listed on the U.S. stock exchange. Since Nio has the support of China’s local government Hefei (capital of Anhui province), I fear that Nio could be one of those Chinese companies that would be targeted since it’s being listed on the U.S. stock exchange. This bill was passed by the Senate and is now in the process of getting ready to go through the House. If the House is going to pass this bill too, I think the chance is high for many Chinese companies to be targeted by this bill. This bill is the reason I’m not so hot for Nio.

What I’ve read so far on the web is that several big-name Chinese companies such as Alibaba are either already listing or going to list their shares on Hong Kong’s stock exchange because they are ready for the days that they could no longer list their stocks on the U.S. stock exchanges. I surmise that Nio might think about this too but I have no insight on if Nio would do this or not. In reality, I got no info on what Nio would do as I’m just another investor who got his info on Nio through the Internet.

I have bought some shares of Geely on Hong Kong’s stock exchange through a U.S. stockbroker. I’m interested in Geely because this company is also trying to build awesome EVs. Geely also owns Volvo, a 10% share of Daimler (if I remember correctly), Lynk & Co, PROTON, and Lotus. I think Volvo is a very good brand, and Geely is doing an awesome job in upkeeping the brand’s good name. I also like Lotus since I love its new supercar Evija (2000hp).

Geely is also well known for making affordable cars for China’s local consumers. If I’m not wrong I think Geely delivered around 2.1 million cars in 2019. This means Geely is no joke! Latest but very well received compact SUV from Geely is Coolray.

Geely is also supporting Volvo’s Polestar to come out with their own EVs. I’m interested in Polestar Precept.

In conclusion, I’m interested in investing in China’s car market because I think China’s huge population of 1.4 billion people and counting is also interested in buying Chinese cars. Furthermore, Chinese car companies will venture out of their homegrown market and start selling cars in Europe and elsewhere in the world. As a small investor, I love to look for more ways to generate income, and so investing in Chinese automakers is a no brainer for me. I think EV automakers will be able to eat away a huge chunk of traditional (ICE) automakers’ market share. I think the future in terms of cars is EVs and not of ICE types of cars. Naturally, I’m interested in investing in EV automakers.

Disclaimer: I had bought shares of Nio but sold them. I’m currently owning some shares of Geely (Hong Kong) through a U.S. broker. Naturally, I’m biased toward Nio and Geely in a positive manner. This means I love to see these companies do well in developing futuristic cars and selling new cars. I do not give out stock advice. This blog post is all about my opinions on what I think of what stocks I like to invest or have invested in. So, please do your homework before investing in anything and do not take my opinions as stock advice and risk losing real money.

Can New Energy Vehicles Win The Race Against ICE?

Why do I think new energy vehicle makers such as Tesla will be the biggest winners in the race of selling more cars in the near and longer future? Just think about it! Internal Combustion Engine (ICE) has had been around forever, and it’s as good as it gets! Before Tesla introduced EVs (Electric Vehicles), a self-driving car wasn’t even a big deal until Tesla pushed hard on introducing self-driving levels onto its own EVs. As new energy vehicle makers eager to compete against ICE, they want to prove that their vehicles are more modern, longer-lasting, faster, stronger, and smarter — thus innovation is going to be unstoppable in the new energy vehicle sector which is a sub-sector of the auto industry. Eventually, this sub-sector could overtake ICE one day for good because after all — driving EVs and other new energy vehicles helps the world stops the global warming phenomenon.

Disclaimer: I have an investment in a stock that belongs to an EV maker. Thus, I tend to be more biased with a positive attitude toward the EV industry.

Self-Driving Trucks Are Going To Become Very Real, Really Soon! Andrew Yang Isn’t Lying!

Has Andrew Yang been so right about automation is slowly taking over more jobs, especially for the trucking industry? Well, check out CNBC video right after the break to see how customer focus of retailers like Amazon has driven more people into developing self-driving trucks!

Can The Automation of Cars Do Away With Dealerships?

I imagine that the future of transportation is all about automation. I don’t think this is at all a guess because one just takes a look at China’s huge population and see why right away. I can’t imagine that all people in China, each and every one of them, own a car because there won’t be enough space on the roads and highways — the traffic would be stupidly horrendous than ever before. This is why I think China may lead in the race of AI and car automation!

In order for the automation of cars, I think AI needs to be improved tremendously so accidents won’t occur so frequently. At least, the AI should be a lot better than the human drivers. Once the AI part of the automation of cars got nailed down, I can see that a car service such as Lyft would try to deliver cars to whoever needs ’em. This is when 5G comes into the picture to facilitate the communication between cars, cars and the transportation system, and so forth.

Anyhow, in this blog post I want to concentrate on the Lyft part of the whole automation of the transportation equation. I’m wondering, how Lyft and Uber would fare in a world where all cars are driverless? Imagine, car companies could actually get into the Lyft game themselves. Why would they allow Lyft and Uber to be the middlemen?

Nonetheless, I can see those car manufacturers like Toyota may not want to join the Lyft game because of additional costs. Perhaps, car manufacturers rather manufacture cars only and let the costs of the logistic of delivering cars to the user through car services such as Lyft and Uber. Then I’m still wondering how the dealerships would fare, right?

I can see those car manufacturers would prefer to deal directly with car services such as Lyft and Uber and let go of their dealerships entirely in a world of driverless cars! The dealerships would become rather redundant unless the car manufacturers prefer to allow the dealerships to become a car service like Lyft and Uber. But we have to ask who got more experience in delivering a car to a user in a taxi manner? Of course, the answer would be Lyft and Uber and not the dealerships!

In summary, I think if we’re heading in the direction of all cars to be driverless, then I can see the fading out of car dealerships in favor of Lyft and Uber. Of course, I could be wrong and the car manufacturers like Toyota decides to join the Lyft/Uber game and turn their dealerships into Lyft/Uber service. Nonetheless, I still can’t see car dealerships to be around when driverless cars become proliferated. I see car making companies may rely on Lyft/Uber sort of service or just jump into the game themselves delivering cars through an app and not relying on a costly dealership.

Foldable Phones Don’t Matter, 5G Does!

What do I think about foldable phones? I think foldable phones don’t matter! Foldable phones remind me of flip phones back in time, but now instead of flipping a phone in style, we can unfold a phone into a tablet. Since foldable phones are so expensive, I guess using the tablet and unfoldable phone I already have will be just fine!

Although foldable phones are not that important, the 5G technology that gets to debut on these foldable phones is really important! Since 5G allows communication over the air almost instantaneously, and so this could allow innovations in the Internet of Things sector to thrive big time.

One company right now is leading the pack in term of 5G is of course none other than the Chinese giant, Huawei. Right now, Huawei is getting a lot of heat from the United States. Huawei’s CFO Meng Wanzhou, the daughter of the founder of Huawei, is being under house arrest in Canada in the behest of the United States’ extradition agreement with Canada. Furthermore, the United States is increasingly persuading other countries to not use Huawei’s 5G technology.

5G can be really useful for whatever purposes that demand faster wireless communication. I may not know what purposes would demand 5G the most, but I do know that 5G will be great for commercial purposes such as the Internet of Things devices. Furthermore, 5G will accelerate the use of driverless cars and other automated vehicles.

5G can allow driverless cars to see each other instantaneously and also communicate with smart roads and highways instantaneously. 4G technology is definitely too slow and less reliable than 5G when it comes to deploying the technology on a massive scale to allow crucial transit system to work in a smarter way. So I think 5G will definitely be a game changer in wireless communication.

Anyhow, I guess it’s going to be expensive to build a massive backbone system that could support the 5G wireless system. It seems though, this isn’t the problem for Huawei. Huawei seems to be able to deploy 5G network for various platforms in China already! For an example, a 5G network is now already up and running for Qingdao Port in Eastern China.

China is leading the way to deploy 5G network not only in China but across the world. Huawei is at the forefront of this 5G expansion from China. I’m not sure why the United States is really scared about how China is leading in 5G, but my guess is that whoever leads the 5G network deployment across the world gets to call the shot for making a standard for 5G chipsets and much more. This means big money and market cornering.

Since 5G technology will change how wireless communication permeates throughout the global economy, new and old markets could churn out a lot of new money for the global economy. For an example, driverless cars will become more reliable, encouraging people to spend more money on driverless cars. Dumb cars without the support of 5G technology might get left behind, collecting dust somewhere while driverless cars sell like hotcakes.

Nio’s Battery Swapping Versus Tesla’s Charging Station, Which Is Better?

If Nio can improve the range of Nio cars’ batteries by a lot, then Nio’s battery swapping stations will make Nio cars the king of electric vehicle market! Right now, Nio plans to install more battery swapping stations across China! This means more Chinese Nio car owners will not have to wait for their cars to be charged up because battery swapping takes only around three to four minutes of wait time. Check out the video right after the break to see Nio’s battery swapping in action.

So, if Nio cars can run on a longer range battery, Nio car owners don’t have to visit battery swapping station that often. With less Nio cars to have battery swapped out in Nio’s battery swapping station, the less crowded the battery swapping station can be — meaning the atmosphere can be more relaxing and friendly!

This is why I think as long Nio can improve the battery range of Nio cars, the better prospect of a battery swapping station as the default mode for getting an EV onto the road could become. I think at the moment, battery swapping station is already superior to any charging station out there. This is why I think Tesla has got to watch out for Nio because Nio could make Tesla’s charging station a big negative for upcoming EV owners in China.