Newbie's Blog: Electric Vehicles: Not yet at its peak?

Even as Tesla reaches new highs in this few months, I prefer to hold on to it. It is part of the many EV stocks I am slowly accumulating. Why?

The numbers of EVs in Singapore was 6500 and currently increasing. The government in Singapore is pushing for this iniative "Power Every Move", as part of the Singapore Green Plan, to replace all ICEs cars (internal combustion engines cars) with EVs by 2040. This effort also includes not only EVs, but charging stations as well, where there is a target to set up 60000 charging points by 2030. They plan to set up these points in every town by 2025. The green iniative does not only stop at cars, but public buses as well, where Singapore has started to trial Electric Buses, aiming to replace 400 of them by 2025.

Looking at this green push, I have no doubt that there is room for further iniatives such as the V2H (where energy can be transferred from veh to home and vice-versa). Electric energy can also be transferred to EVs remotely from anywhere with remote charging stations or points.

This is why I have also started investing more in EV and EV charging station stocks. I have bought $Tesla Motors(TSLA)$  , Nio and of course Byd, which has delivered over 240000 in China last month (May). I will not be concentrating in just one stock as I believe as companies will benefit from this green push. In China alone, there is rising demand for green and sustainable vehicles and as a whole, this rise in demand is starting globally. For instance, the U.S. has also targeted half of the autos sold by 2030 to be EVs. Like all countries, they will also have to support an EV infrastructure (installation of both public and private EV charging points).

Another aspect to look at are EV batteries. Boy don't get me started on that! There is constant competition, not only just to produce EV batteries which can hold the most energy or be recharged the fastest, but also the cheapest battery. This may enable battery swapping (which negates the need for charging by just swapping empty batteries with fully charged ones). With all these possibilities, it would be foolish not to invest in EV. While I know AI is all the rage at the moment, I think the EV industry is something you can seriously diversify in.

@TigerStars    

# 💰 Stocks to watch today?(25 Nov)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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  • 小辉goPro
    ·2023-06-04
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    any potential of power Bank [Happy]
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  • LMSunshine
    ·2023-06-04
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    Agree with you buddy that BYD is a great buy❣️ Can auto-invest BYD in the HKEX on 🐯 now. Holding TSLA and NIO too but im starting to have doubts about NIO…Sold my Li Auto to profit-take but im more bullish for LI than for NIO. By the way, I just realised you changed back your Nick without the _. Is it because you dont wish to be informed for coin events? Do let me know so that i don’t flood your notifications unnecessarily😉
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    • LMSunshineReplying tohappygo
      Im bullish for LI but please do your own research as well😉
      2023-06-05
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    • happygo
      I also have some doubts about NIO, but still holding TSLA. What's your take on Li Auto?
      2023-06-04
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    • Jo Tan
      You have brought up a good point about Byd and Nio. Thank you for sharing.
      Yes, I have changed my nick due to the notifications. I realised I should have informed you. My sincere apologies about that.
      2023-06-04
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  • bubblyx
    ·2023-06-08
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    This will head south to about $212 tomorrow!! You are being warned. If you look at the heavy CALL Options

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    • Jo Tan
      I thank you for your advice but I plan to hold it for the long run. I bought it as much lower and plan to wait.
      2023-06-08
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  • cheerzy
    ·2023-06-08
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    Every short clown on here about to lose lots of money tesla will be 250$ end of next week mark my words, I’ll be back to tell you I told you so🤣🤣

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    • Jo Tan
      I think everyone is entitled to their opinions and actions. Trust me, I am the biggest clown and I plan to hold on to Tesla for now.
      2023-06-08
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  • fizzzi
    ·2023-06-03
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    Battery competition is fierce, but the potential for battery swapping is huge ⚡️

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  • happygo
    ·2023-06-03
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    The EV market is growing rapidly, especially in Singapore 🚀

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  • dimpy
    ·2023-06-03
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    With the push for greener initiatives, investing in EVs is a no-brainer 🌿🚗

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  • snappyz
    ·2023-06-03
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    Diversifying your investments in the EV industry is a smart move for the future 💰

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  • LMSunshine
    ·2023-06-05
    Noted that you don’t need to be informed of future events😉 Aiyo…no need to apologise at all, it’s not just you-quite a number of 🐯🐯🐯 stopped joining events after the number of coins were drastically reduced for daily tasks, topic posts and events. I do find the stock topic discussion events very helpful for investing, so you might want to consider following @MillionaireTiger @Tiger_comments @Tiger_Academy @TigerTradingNotes so that you’ll be informed of their new posts🥰
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  • MIe
    ·2023-06-04
    👌ev boon near future
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  • Tangan
    ·2023-06-04
    Thanks for sharing
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  • PhoenixP9
    ·2023-06-05
    I am a complete newbie. Could you share what are the EV companies with great potential please?
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  • wigglyz
    ·2023-06-08

    I'm hanging on, evertime I sell to buy lower I end up buying back in higher

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  • vippy
    ·2023-06-08

    im going to buy more this at minimum is going to 250

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  • justone2004
    ·2023-06-05
    Great ariticle, would you like to share it?
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  • mambaba
    ·2023-06-05
    Great ariticle, would you like to share it?
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  • Prostock
    ·2023-06-05

    Great ariticle, would you like to share it?

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  • Aji
    ·2023-06-05

    Great ariticle, would you like to share it?

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  • Kyochan
    ·2023-06-05

    这篇文章不错,转发给大家看看

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  • Leolok2794
    ·2023-06-05

    Great ariticle, would you like to share it?

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