Close menu




June 22nd, 2021 | 13:26 CEST

Volkswagen, EuroSports Global, Geely - Enormous future potential

  • Electromobility
Photo credits: razor.tv

Electromobility is one of the growth markets of the coming years. The switch from combustion engines to battery-powered vehicles is already a done deal and is being driven forward by automakers at an ever-faster pace. Even far away from automobiles, e-mobility will be a central component of a smart and resource-conserving lifestyle. A market in which companies outside the automotive industry will also participate. Seize the opportunity!

time to read: 3 minutes | Author: Stefan Feulner
ISIN: DE0007664039 , SG2G55000001 , KYG3777B1032

Table of contents:


    EuroSports Global - Advantage reach

    While car manufacturers are completely focused on developing new e-series, we hear little about e-scooters or electrically powered motorcycles. But the two-wheeler business is booming. According to a study by the British market research Company IDTechEx, electric motorcycles are set to become the next big hype in electromobility. By 2025, the market volume for e-motorcycles will grow to around USD 12 billion.

    EuroSports Global, with its 75% subsidiary Scorpio Electric Ltd., wants to play a leading role in this. According to the management, Scorpio Electric is to become a global brand specializing in the production of electric motorcycles with a focus on high performance. Currently, various models are under development. The main product of the Singapore-based Company is the Scorpio X, which leads the peer group around the broad competition with the likes of Vespa, Super Soco, NIU or Etergo, both in price at USD 8,000, and the range with 200 km.

    Scorpio also wants to shine with its specially developed App. This App is intended to provide interaction between the human and the machine and ensure a convenient user experience. For example, keyless access, vehicle status information, vehicle localization or a geo-fencing warning is available via the APP.

    The first prototypes are expected to be completed as early as the second half of the year. The official launch is then scheduled for the end of the year. In addition to the Scorpio brand, EuroSports Global operates its original business, trading luxury sports cars and other high-end items.

    The EV market is poised for strong growth in the coming years. Especially in Asia, the shift from combustion engines to battery-powered vehicles is strongly supported. As a result, the growth rates are tremendous, and Scorpio is well positioned with a performance edge over the competition. The entire EuroSports Global Company currently has a market capitalization of EUR 34 million. With annual revenue growth expected by the Company of 76% per year after launch in 2022, this is likely to multiply if the target figures materialize.

    Volkswagen - Powerful on the gas pedal

    Volkswagen AG has already taken on the battle for market leadership. Now, the subsidiary Audi announced that the construction of the last combustion engine model will start in the middle of the decade and will then be sold until around 2033. After that, only cars with electric drives will roll off the Ingolstadt assembly lines.

    The automotive giants continue to be concerned about the shortage of semiconductors. As a result, renewed bottlenecks are expected at Volkswagen's Wolfsburg headquarters in the coming weeks. According to dpa, widespread short-time work is planned this week. Affected are mainly workers from the production, assembly and body shop areas. The supply bottlenecks have already caused Wolfsburg to change its production schedule on several occasions. Despite the relatively poor prospects on the chip market, the analysts of Deutsche Bank repeated their buy recommendation and assigned a price target of EUR 270.00.

    Geely - Good momentum

    The share of Geely Automobile, a Chinese electric car manufacturer, presented itself strongly in the past trading days. Since the low in mid-May, the paper could now push to USD 3.07, just before the last resistance zone at USD 3.25. Should this level be overcome sustainably, an attack on the all-time high at USD 4.30 would follow.

    Fundamentally, the Chinese Company continues to make progress with its self-developed SEA platform. As Malaysia's leading automotive magazine, paultan.org, reports on its homepage, there are to be five different versions of the platform for the most diverse vehicle classes, each of which is to be provided with two different battery options.

    The platform is to run as an open-source solution and be offered to other OEMs, which means that SEA will be used internally and with third-party brands. It is already suspected that Lynk & Co. and Zeekr will use the platform. In addition, Volvo Cars, Smart and the Chinese tech group Baidu are also expected to access the platform.

    In an interview with paultan.org, Kent Bovellan, the chief engineer for SEA architecture at Geely Auto Group, highlighted the advantages over US competitor Tesla: "We are better than Tesla when it comes to the mechanical architecture. They are very skilled in the software part, but we are better at mechanical architecture. We have a more cost-effective solution and beat them in more or less everything except performance."


    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 in the future hold shares or other financial instruments of the mentioned companies or will bet on rising or falling on rising or falling prices and therefore a conflict of interest may arise in the future. conflict of interest may arise in the future. The Relevant Persons reserve the shares or other financial instruments of the company at any time (hereinafter referred to as the company at any time (hereinafter referred to as a "Transaction"). "Transaction"). Transactions may under certain circumstances influence the respective price of the shares or other financial instruments of the of the Company.

    Furthermore, Apaton Finance GmbH reserves the right to enter into future relationships with the company or with third parties in relation to reports on the company. with regard to reports on the company, which are published within the scope of the Apaton Finance GmbH as well as in the social media, on partner sites or in e-mails, on partner sites or in e-mails. The above references to existing conflicts of interest apply apply to all types and forms of publication used by Apaton Finance GmbH uses for publications on companies.

    Risk notice

    Apaton Finance GmbH offers editors, agencies and companies the opportunity to publish commentaries, interviews, summaries, news and etc. on news.financial. These contents serve information for readers and does not constitute a call to action or recommendations, neither explicitly nor implicitly. implicitly, they are to be understood as an assurance of possible price be understood. The contents do not replace individual professional investment advice and do not constitute an offer to sell the share(s) offer to sell the share(s) or other financial instrument(s) in question, nor is it an nor an invitation to buy or sell such.

    The content is expressly not a financial analysis, but rather financial analysis, but rather journalistic or advertising texts. Readers or users who make investment decisions or carry out transactions on the basis decisions or transactions on the basis of the information provided here act completely at their own risk. There is no contractual relationship between between Apaton Finance GmbH and its readers or the users of its offers. users of its offers, as our information only refers to the company and not to the company, but not to the investment decision of the reader or user. or user.

    The acquisition of financial instruments entails high risks that can lead to the total loss of the capital invested. The information published by Apaton Finance GmbH and its authors are based on careful research on careful research, nevertheless no liability for financial losses financial losses or a content guarantee for topicality, correctness, adequacy and completeness of the contents offered here. contents offered here. Please also note our Terms of use.


    Der Autor

    Stefan Feulner

    The native Franconian has more than 20 years of stock exchange experience and a broadly diversified network.
    He is passionate about analyzing a wide variety of business models and investigating new trends.

    About the author



    Related comments:

    Commented by Armin Schulz on May 17th, 2022 | 10:29 CEST

    Varta, Nevada Copper, E.ON - Shares for the electrification of tomorrow

    • Copper
    • Electromobility

    More and more people are gaining access to electricity. In order to make this possible, copper is needed because this industrial metal is the best conductor of electricity. Due to the upheaval in the energy industry towards renewable energies and the electrification of vehicles, demand is increasing. Supply cannot keep pace. Although 2021 copper production has increased by 2.2%, it is only 0.3% above the pre-Corona level. That explains the significant increase in copper prices, and we can expect a supply deficit in 2022 as well. We look at three companies for the electrification of tomorrow.

    Read

    Commented by Fabian Lorenz on May 12th, 2022 | 11:12 CEST

    BioNTech, BYD and Desert Gold: Shares for the rebound

    • Gold
    • Electromobility
    • Biotechnology

    Is the rebound coming? After the heavy price losses of recent days and weeks, the market seems ripe for a countermovement. However, this would require a little more volume in the market. But then, especially companies that have not disappointed operationally should profit. BioNTech, for example, belongs to this group. The Company has published convincing figures, and analysts see up to 50% price potential. BYD's share price should also pick up speed again. Finally, the rapid shift to electric pureplay seems to be succeeding and HSBC has raised the price target. Gold was not a safe haven in the current correction. But it is worth looking at bombed-out stocks here as well. Desert Gold Ventures is one of them. The explorer has started a new drill program and secured financing.

    Read

    Commented by Nico Popp on May 9th, 2022 | 12:50 CEST

    Progress at any price! Mercedes-Benz, BrainChip, Varta

    • Technology
    • AI
    • Electromobility

    People want mobility. We cannot convey a future full of renunciation. Instead, sustainable innovations must be made attractive. What sounds like squaring the circle from today's perspective can become a well-rounded affair in the long term - if ideas meet technology. We present three stocks related to the future of mobility and explain where investors can also see the potential.

    Read