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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."


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    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



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