January 25th, 2023 | 13:56 CET
JinkoSolar, Volkswagen, Meta Materials: The growth stock that has it all
The media success of the AI tool ChatGPT has once again shown that innovations move people. The future is also in demand again on the stock market: growth companies are making significant gains and developing their own momentum. We present a company that can drive both innovative Greetech companies and long-established industrial stocks with its technology. The Company, listed on the Nasdaq, has nothing less than a revolution on offer. We will explain exactly what it is all about in three minutes.
time to read: 3 minutes
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Author:
Nico Popp
ISIN:
JINKOSOLAR ADR/4 DL-00002 | US47759T1007 , VOLKSWAGEN AG ST O.N. | DE0007664005 , Meta Materials Inc. | US59134N1046
Table of contents:
Author
Nico Popp
At home in Southern Germany, the passionate stock exchange expert has been accompanying the capital markets for about twenty years. With a soft spot for smaller companies, he is constantly on the lookout for exciting investment stories.
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JinkoSolar: Increasing efficiencies, but...
The fact that even innovation leaders have to reinvent themselves constantly is demonstrated, for example, by the Chinese photovoltaic giant JinkoSolar. As recently as late 2022, the Company unveiled a 182mm solar cell that boasts an efficiency of 26.4%. "Each breakthrough in lab efficiency lays the foundation for our large-scale mass production," explains Jin Hao, CTO of JinkoSolar. "Based on our clear roadmap for further efficiency improvements and cost reductions, we are confident that we can continue to provide increasingly efficient, reliable and cost-effective products and services to our customers." JinkoSolar is among the largest and most advanced photovoltaic suppliers in the world, with 14 internationally diversified production facilities.
Metamaterials make PV cells even better
Although the Chinese are independently driving the development of their products, there are areas where even large industrial companies need help. One of these areas could be the ultra-thin coating of photovoltaic cells with so-called metamaterials. Metamaterials are artificially produced substances with physical properties that do not exist in nature. Metamaterials can be very thin, for example, and refract light in a special way. Even virtually invisible 5G antennas inside transparent coatings on window panes are conceivable. In the field of photovoltaics, the Nasdaq-listed company Meta Materials is working on bundling and absorbing light in such a way as to increase the efficiency of the respective photovoltaic cells. Meta Materials already works with numerous international companies, one example being aerospace specialist Lockheed Martin: "We are pleased that our ITB investment is going to a great Canadian innovator like Meta Material Technologies Inc. Their work in the field of smart materials and in developing a breakthrough flight-qualified solar application is an example of what Canadian technology offers the world," said Charles Bouchard, CEO of Lockheed Martin Canada.
Meta Materials is working on solutions for many industries
Meta Materials also has a lot to offer the automotive industry: For example, the technology company is working on coating current collectors in batteries for electric cars, which today are primarily made of copper, with plastic. This reduces the weight of the battery by up to 80% and also increases safety because the plastic melts and delays spontaneous combustion. It also reduces the energy required to manufacture the batteries and improves the possibility of recycling them. Other solutions for the automotive industry include almost invisible antennas in windshields, augmented reality functions via a type of display in the windshield, and solutions for de-icing windshields or protecting them from fogging.
Volkswagen with ambitious plans for the future
Years ago, Volkswagen announced its goal for future models to increase connectivity and focus on recycling materials. Augmentation and holography also play a crucial role for the Wolfsburg-based group as part of its TOGETHER 2025+ corporate strategy. Although groups like Volkswagen invest significant resources in their innovations and are responsible for many patents, the metamaterials field is uncharted territory, even for large corporations. One challenge, for example, is the mass production of the extremely thin material. According to Meta Materials, it should soon be possible to reduce costs significantly.
The Meta Materials share is currently trading around 40% lower than a year ago. In December, the value jumped and even climbed above USD 2. Currently, the share, also listed in Germany, is trading at slightly more than one dollar again. This trend alone shows that the value must be considered extremely speculative. Investors who are aware of this and want to bet on dynamic breakouts, such as the one in mid-2021 to over USD 20, continue to have the stock on their radar. JinkoSolar is also currently preparing to leave its downward trend behind. However, risk factors remain in the form of China concerns and geopolitical tensions. In contrast, things look somewhat bleak for the Volkswagen share; the recent rise does not yet open up any sustained prospects for the share.
Conflict of interest
Pursuant to §85 of the German Securities Trading Act (WpHG), we point out that Apaton Finance GmbH as well as partners, authors or employees of Apaton Finance GmbH (hereinafter referred to as "Relevant Persons") may hold shares or other financial instruments of the aforementioned companies in the future or may bet on rising or falling prices and thus a conflict of interest may arise in the future. The Relevant Persons reserve the right to buy or sell shares or other financial instruments of the Company at any time (hereinafter each a "Transaction"). Transactions may, under certain circumstances, influence the respective price of the shares or other financial instruments of the Company.
In addition, Apaton Finance GmbH is active in the context of the preparation and publication of the reporting in paid contractual relationships.
For this reason, there is a concrete conflict of interest.
The above information on existing conflicts of interest applies to all types and forms of publication used by Apaton Finance GmbH for publications on companies.
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