key question for Electric Vehicle (EV) industry is whether solid state batteries will become the new norm. Solid state batteries are smaller, lighter, and could be more efficient than traditional lithium-ion batteries, and they have the potential to radically transform the EV market. Many major automakers are already investing heavily in solid state battery technology. For these reasons, investments in solid state battery technology could pay off handsomely in the years to come. Companies within this list have been determined to have significant investments to develop the next generation solid state batteries. We use an algorithm that helps us determine which securities have the most direct or indirect impact on this emerging technology. This list’s performance is calculated on an equally weighted method.
This list has performed -30.23% over the past year. By comparison, The Philippine Stock Exchange PSEi Index is -3.26% over the same period. The beta of this list, which is a measure of volatility, is High at 1.63. List Beta is calculated using an equally weighted average beta of the securities within this list. This list includes 80.00% of Consumer Cyclicals stocks, 20.00% of Basic Materials stocks.
List performance is calculated using an equal-weight methodology. This list is generated by scanning the web and using our algorithms to surface potentially relevant securities to the topic. The list is intended to be educational and includes securities that may be suitable for a watchlist. It is not intended for investment or trading purposes. Microsoft does not recommend using the data and information provided as the basis for making any investment decision.
TESLA, INC.
TSLA. Tesla, Inc. designs, develops, manufactures, sells and leases fully electric vehicles and energy generation and storage systems, and offer services related to its products. The Company’s automotive segment includes the design, development, manufacturing, sales, and leasing of electric vehicles as well as sales of automotive regulatory credits. Additionally, the automotive segment is also comprised of services and other, which includes non-warranty after-sales vehicle services, sales of used vehicles, retail merchandise, sales by its acquired subsidiaries to third party customers, and vehicle insurance. Its energy generation and storage segment include the design, manufacture, installation, sales and leasing of solar energy generation and energy storage products and related services and sales of solar energy systems incentives. Its automotive products include Model 3, Model Y, Model S and Model X. Powerwall and Megapack are its lithium-ion battery energy storage products.
Tesla Inc. is +25.82% over the past month and -8.76% over the past year, outperforming the The Philippine Stock Exchange PSEi Index by +28.27% over the past month and -5.50% over the past year.
NIO INC.
NIO. NIO Inc is a China-based holding company principally engaged in the research, development and manufacturing of premium smart electric vehicles. The Company is mainly engaged in the design, development, manufacture and sales of high-end smart electric vehicles. The Company’s products mainly include ES8, ES6, EC6 and ET7. The Company develops battery swapping technologies and autonomous driving technologies. Its electric vehicles apply NAD (NIO Autonomous Driving) technology, including super computing platform NIO Adam and super sensing system NIO Aquila. The Company is also engaged in the provision of charging piles, vehicle internet connection services and extended lifetime warranties. The Company mainly conducts its businesses in the domestic market.
NIO Inc. is -7.24% over the past month and -58.19% over the past year, underperforming the The Philippine Stock Exchange PSEi Index by -4.79% over the past month and -54.93% over the past year.
ALBEMARLE CORPORATION
ALB. Albemarle Corporation is a global developer, manufacturer and marketer of specialty chemicals. The Company operates through three segments: Energy Storage, Specialties and Ketjen. The Energy Storage business contributes to the growth of clean miles driven with electric vehicles and more efficient use of renewable energy through grid storage. Its Specialties segment enables the prevention of fires starting in electronic equipment, greater fuel efficiency from rubber tires and the reduction of emissions from coal-fired power plants. The Ketjen business creates efficiency of natural resources through more usable products from a single barrel of oil, enables safer, greener production of alkylates used to produce more environmentally friendly fuels, and reduced emissions through cleaner transportation fuels. It serves the markets, such as serve include energy storage, petroleum refining, consumer electronics, construction, automotive, lubricants, pharmaceuticals and crop protection.
Albemarle Corp. is +15.95% over the past month and -16.91% over the past year, outperforming the The Philippine Stock Exchange PSEi Index by +18.40% over the past month and -13.65% over the past year.
TOYOTA MOTOR CORPORATION
TM. Toyota Motor Corp is a Japan-based company engaged in the automobile business, finance business and other businesses. The Company operates in three business segments. The Automobile segment is engaged in the design, manufacture and sale of sedans, minivans, 2box, sports utility vehicles, trucks and related vehicles, as well as related parts and products. The Finance segment is engaged in finance and vehicle leasing business. The Other segment is engaged in the design, manufacture and sale of houses, as well as conduct information communication business. The Company is also engaged in the control of manufacturing and sales companies, as well as public relations and research activities business in North American and Europe. The Company also provides robots, basic research projects, marine and agribio business. The Company also provides electric vehicles and vehicles equipped with the new function Advanced Drive of driving support technology, driver assistance or connected cars services.
Toyota Motor Corp. is +6.15% over the past month and -11.41% over the past year, outperforming the The Philippine Stock Exchange PSEi Index by +8.60% over the past month and -8.15% over the past year.
QUANTUMSCAPE CORPORATION
QS. QuantumScape Corporation is engaged in developing battery technology for electric vehicles (EVs) and other applications. The Company is focused on the development and commercialization of its solid-state lithium-metal batteries. The Company’s batteries are designed to enable greater energy density, faster charging and enhanced safety to support the transition away from legacy energy sources toward a lower carbon future. Its solid-state separator is the core technology that enables reliable cycling of the lithium-metal anode battery. Its solid-state separator is an inorganic ceramic that is placed between a cathode and anode current collector to form a single battery cell layer. The building block of its designed battery package is the bilayer cell, consisting of a double-sided cathode with a separator on either side. The Company stacks these bilayer cells together to form multi-layer cells. Its form factor for EV batteries is targeted to be roughly the size of a deck of cards.
Quantumscape Corp. is +4.23% over the past month and -43.37% over the past year, outperforming the The Philippine Stock Exchange PSEi Index by +6.68% over the past month and -40.11% over the past year.
Source: Thematic Watchlist Idea: Solid State Battery List Details – MSN Money