Connect with us

Energy & Critical Metals

Polestar Could Be a Lower Priced Way to Play the EV Sector

Allocating investment dollars to the EV space looks particularly challenging at this juncture, as investor enthusiasm and momentum are driving
The post…

Published

on

This article was originally published by The Deep Dive

Allocating investment dollars to the EV space looks particularly challenging at this juncture, as investor enthusiasm and momentum are driving favored stocks such as Lucid Group, Inc. (NASDAQ: LCID) and Rivian Automotive, Inc. (NASDAQ: RIVN) to extraordinary levels — US$85 billion and US$99 billion stock market capitalizations, respectively — while stocks of most other EV OEMs have struggled. 

A bullish EV investor is then faced with the choice of buying the favored stocks which have been performing well at extended valuations or buying the lower-priced laggards on the assumption that their stock price trends will change.

Another possibility that investors may consider is Polestar Performance AB, a premium electric vehicle manufacturer headquartered in Sweden. In late September, Polestar agreed to merge with SPAC sponsor Gores Guggenheim, Inc. (NASDAQ: GGPI). Gores Guggenheim is trading at US$13.54, which equates to a Polestar enterprise value of around US$27.5 billion. The Polestar-Gores Guggenheim merger is expected to close sometime in 1H 2022.

Note: The enterprise value calculations shown above are based on a US$10.00 share price. A US$13.54 share price equates to about a US$27.5 billion enterprise value.

Polestar was founded in 2017 by Volvo and China’s Zhejiang Geely Holding. It currently makes two models – Polestar 1 (a premium performance hybrid vehicle with a price of around US$155,000), and Polestar 2 (an EV sedan with a US$50,000-US$60,000 price tag). The company sold a combined total of 10,000 of these vehicles in 2020.  

Polestar plans to produce and sell 29,000 aggregate units in 2021, a far higher total than either Lucid (which is producing a handful of Lucid Air models before year-end) or Rivian (which delivered 145 R1T electric pickup trucks in October 2021 but has reportedly pushed back future deliveries to 2022).

As a consequence, Polestar trades at a significantly lower enterprise value and is producing substantially more premium vehicles than either Lucid or Rivian.

By 2023, Polestar hopes to sell its vehicles in more than 30 countries in North America, Europe, the Middle East, and in Asia Pacific regions. Currently, Polestar is selling its vehicles in ten countries throughout North America and Europe.

As is the case with virtually all EV SPAC transactions in the last year, Polestar expects “hockey stick”-type growth in vehicle sales, revenue, and EBITDA over the next handful of years. In 2025, Polestar projects to record US$17.8 billion of revenue and US$2.14 billion of EBITDA.

This implies that Polestar trades at an enterprise value-to-2025E revenue ratio of 1.5x (US$27.5 billion divided by US$17.8 billion), and enterprise value-to-2025E EBITDA ratio of 12.9x. These ratios compare favorably with Lucid’s valuation. Lucid currently trades at enterprise value/revenue and enterprise value/EBITDA ratios of 5.8x and 48x, respectively, based on Lucid’s 2025E projections.

Polestar could be a cheaper (and less overdone?) way to gain exposure to the premium EV OEM segment than investing in Lucid or Rivian. In addition, Polestar has already produced and sold many more vehicles than those companies.  Furthermore, the stock of Polestar’s SPAC sponsor Gores Guggenheim has significantly underperformed Lucid over the past two months, rising about 35% while Lucid has approximately doubled.

Gores Guggenheim, Inc. last traded at US$13.54 on the NASDAQ.


Information for this briefing was found via Edgar and the companies mentioned. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

The post Polestar Could Be a Lower Priced Way to Play the EV Sector appeared first on the deep dive.

electric vehicle

Author: Jim McFadden

Energy & Critical Metals

Bismuth Oxide Market Size Growth Analysis Report 2021: Industry Size, Market Demand and Forthcoming Development, Current Trends, Top Companies Research Forecast to 2028

Get Sample Report   Purchase Complete Report Now Global Bismuth Oxide Market research is an intelligence report with meticulous efforts undertaken to…

Global Bismuth Oxide Market research is an intelligence report with meticulous efforts undertaken to study the right and valuable information. The data which has been looked upon is done considering both, the existing top players and the upcoming competitors. Business strategies of the key players and the new entering market industries are studied in detail. Well explained SWOT analysis, revenue share and contact information are shared in this report analysis. It also provides market information in terms of development and its capacities. 

MR Accuracy Reports crafted the report, titled Global Bismuth Oxide Market 2021 is a methodical research study based on the Bismuth Oxide Market , analyzing the competitive framework of the industry in the world. Using efficient analytical tools such as SWOT analysis and Porter’s five forces analysis, the report provides a comprehensive assessment of the Bismuth Oxide Market . Our big research team were able to captured all-important chapters in the final report as they have been striving towards it.

Download Free PDF Sample Report with Complete TOC and Figures & Graphs (with covid 19 Impact Analysis): https://www.mraccuracyreports.com/report-sample/488095

According to MRA, the Global Bismuth Oxide Market is estimated to reach xxx million USD in 2021 and projected to grow at the CAGR of xx% during the 2022-2027. The report analyses the global Bismuth Oxide market, the market size and growth, as well as the major market participants.

The analysis includes market size, upstream situation, market segmentation, market segmentation, price & cost and industry environment. In addition, the report outlines the factors driving industry growth and the description of market channels.The report begins from overview of industrial chain structure, and describes the upstream. Besides, the report analyses market size and forecast in different geographies, type and end-use segment, in addition, the report introduces market competition overview among the major companies and companies profiles, besides, market price and channel features are covered in the report.

Key Regions

Asia Pacific

North America

Europe

South America

Middle East & Africa

Key Companies

5N Plus

Shepherd Chemical

Clark Manufacturing

Hunan Jinwang

Xianyang Yuehua

Sichuan Shunda

Shudu Nanomaterials

Beijing Easpring

Henan Maiteer

Key Product Type

Wet Process

Pyrometallurgical Process

Market by Application

Electronic Industry

Glass Industry

Chemical Industry

Others

Main Aspects covered in the Report

Overview of the Bismuth Oxide market including production, consumption, status & forecast and market growth

2017-2021 historical data and 2022-2027 market forecast

Geographical analysis including major countries

Overview the product type market including development

Overview the end-user market including development

Get Exclusive Discount on this report: https://www.mraccuracyreports.com/check-discount/488095

Key questions answered in the report include:

  • What will be the market size and the growth rate by the end of the forecast period?
  • What are the key Global Bismuth Oxide Market trends impacting the growth of the market?
  • What are the potential growth opportunities and threats faced by the leading competitors in the market?
  • What are the key outcomes of Porter’s five forces analysis and the SWOT analysis of the key players functioning in the Global Bismuth Oxide Market?
  • This report gives all the information regarding industry Overview, analysis and revenue of this market.
  • What are the market opportunities and threats faced by the vendors in the Global Bismuth Oxide Market?

If you have any special requirements, please let us know and we will offer you the report as you want

You can buy the complete report @ https://www.mraccuracyreports.com/checkout/488095

About Us:

MR Accuracy Reports’ well-researched inputs that encompass domains ranging from IT to healthcare enable our prized clients to capitalize upon key growth opportunities and shield against credible threats prevalent in the market in the current scenario and those expected in the near future. Our research reports arm our clients with macro-level insights across various key global regions that equip them with a broader perspective to align their strategies to capitalize on lucrative growth opportunities in the market.

Contact Us:
MR Accuracy Reports,
USA: +1 804 500 1224
UK: +44 741841 3666
ASIA: +91 747888728100
Email: [email protected]   
Website: https://www.mraccuracyreports.com

Continue Reading

Energy & Critical Metals

Bismuth Octoate Market 2021- Industry Analysis by Trend, Size, Share, Competition, Growth, Dynamic Analysis and Development Suggestions, COVID-19 Impact, Forecast till 2028

Get Sample Report   Purchase Complete Report Now Global Bismuth Octoate Market research is an intelligence report with meticulous efforts undertaken to…

Global Bismuth Octoate Market research is an intelligence report with meticulous efforts undertaken to study the right and valuable information. The data which has been looked upon is done considering both, the existing top players and the upcoming competitors. Business strategies of the key players and the new entering market industries are studied in detail. Well explained SWOT analysis, revenue share and contact information are shared in this report analysis. It also provides market information in terms of development and its capacities. 

MR Accuracy Reports crafted the report, titled Global Bismuth Octoate Market 2021 is a methodical research study based on the Bismuth Octoate Market , analyzing the competitive framework of the industry in the world. Using efficient analytical tools such as SWOT analysis and Porter’s five forces analysis, the report provides a comprehensive assessment of the Bismuth Octoate Market . Our big research team were able to captured all-important chapters in the final report as they have been striving towards it.

Download Free PDF Sample Report with Complete TOC and Figures & Graphs (with covid 19 Impact Analysis): https://www.mraccuracyreports.com/report-sample/488096

According to MRA, the Global Bismuth Octoate Market is estimated to reach xxx million USD in 2021 and projected to grow at the CAGR of xx% during the 2022-2027. The report analyses the global Bismuth Octoate market, the market size and growth, as well as the major market participants.

The analysis includes market size, upstream situation, market segmentation, market segmentation, price & cost and industry environment. In addition, the report outlines the factors driving industry growth and the description of market channels.The report begins from overview of industrial chain structure, and describes the upstream. Besides, the report analyses market size and forecast in different geographies, type and end-use segment, in addition, the report introduces market competition overview among the major companies and companies profiles, besides, market price and channel features are covered in the report.

Key Regions

Asia Pacific

North America

Europe

South America

Middle East & Africa

Key Companies

Bismuth

Triveni Interchem

Hangzhou Right Chemical

Troy Corporation

The Shepherd Chemical Company

Rubber Chemicals

Key Product Type

Laboratory Grade

Chemical Grade

Market by Application

Dye

Spices

Lubricant

Preservative

Fungicide

Main Aspects covered in the Report

Overview of the Bismuth Octoate market including production, consumption, status & forecast and market growth

2017-2021 historical data and 2022-2027 market forecast

Geographical analysis including major countries

Overview the product type market including development

Overview the end-user market including development

Get Exclusive Discount on this report: https://www.mraccuracyreports.com/check-discount/488096

Key questions answered in the report include:

  • What will be the market size and the growth rate by the end of the forecast period?
  • What are the key Global Bismuth Octoate Market trends impacting the growth of the market?
  • What are the potential growth opportunities and threats faced by the leading competitors in the market?
  • What are the key outcomes of Porter’s five forces analysis and the SWOT analysis of the key players functioning in the Global Bismuth Octoate Market?
  • This report gives all the information regarding industry Overview, analysis and revenue of this market.
  • What are the market opportunities and threats faced by the vendors in the Global Bismuth Octoate Market?

If you have any special requirements, please let us know and we will offer you the report as you want

You can buy the complete report @ https://www.mraccuracyreports.com/checkout/488096

About Us:

MR Accuracy Reports’ well-researched inputs that encompass domains ranging from IT to healthcare enable our prized clients to capitalize upon key growth opportunities and shield against credible threats prevalent in the market in the current scenario and those expected in the near future. Our research reports arm our clients with macro-level insights across various key global regions that equip them with a broader perspective to align their strategies to capitalize on lucrative growth opportunities in the market.

Contact Us:
MR Accuracy Reports,
USA: +1 804 500 1224
UK: +44 741841 3666
ASIA: +91 747888728100
Email: [email protected]   
Website: https://www.mraccuracyreports.com

Continue Reading

Energy & Critical Metals

Bismuth Oxychloride Market Share, Major Region, Market Value, cagr, Market Competition, Latest Demands, Regional Production, Impact Due To Covid-19 and Forecast By 2021-2028

Get Sample Report   Purchase Complete Report Now Global Bismuth Oxychloride Market research is an intelligence report with meticulous efforts undertaken…

Global Bismuth Oxychloride Market research is an intelligence report with meticulous efforts undertaken to study the right and valuable information. The data which has been looked upon is done considering both, the existing top players and the upcoming competitors. Business strategies of the key players and the new entering market industries are studied in detail. Well explained SWOT analysis, revenue share and contact information are shared in this report analysis. It also provides market information in terms of development and its capacities. 

MR Accuracy Reports crafted the report, titled Global Bismuth Oxychloride Market 2021 is a methodical research study based on the Bismuth Oxychloride Market , analyzing the competitive framework of the industry in the world. Using efficient analytical tools such as SWOT analysis and Porter’s five forces analysis, the report provides a comprehensive assessment of the Bismuth Oxychloride Market . Our big research team were able to captured all-important chapters in the final report as they have been striving towards it.

Download Free PDF Sample Report with Complete TOC and Figures & Graphs (with covid 19 Impact Analysis): https://www.mraccuracyreports.com/report-sample/488094

According to MRA, the Global Bismuth Oxychloride Market is estimated to reach xxx million USD in 2021 and projected to grow at the CAGR of xx% during the 2022-2027. The report analyses the global Bismuth Oxychloride market, the market size and growth, as well as the major market participants.

The analysis includes market size, upstream situation, market segmentation, market segmentation, price & cost and industry environment. In addition, the report outlines the factors driving industry growth and the description of market channels.The report begins from overview of industrial chain structure, and describes the upstream. Besides, the report analyses market size and forecast in different geographies, type and end-use segment, in addition, the report introduces market competition overview among the major companies and companies profiles, besides, market price and channel features are covered in the report.

Key Regions

Asia Pacific

North America

Europe

South America

Middle East & Africa

Key Companies

EMD

Basf

Geotech

Orrion Chemicals

Sajan Overseas

Maiteer

XinMingzhu Pharma

Nova Oleochem

Key Product Type

Industrial grade

Cosmetic grade

Others

Market by Application

Paint and Coating

Mineral Cosmetics

Others

Main Aspects covered in the Report

Overview of the Bismuth Oxychloride market including production, consumption, status & forecast and market growth

2017-2021 historical data and 2022-2027 market forecast

Geographical analysis including major countries

Overview the product type market including development

Overview the end-user market including development

Get Exclusive Discount on this report: https://www.mraccuracyreports.com/check-discount/488094

Key questions answered in the report include:

  • What will be the market size and the growth rate by the end of the forecast period?
  • What are the key Global Bismuth Oxychloride Market trends impacting the growth of the market?
  • What are the potential growth opportunities and threats faced by the leading competitors in the market?
  • What are the key outcomes of Porter’s five forces analysis and the SWOT analysis of the key players functioning in the Global Bismuth Oxychloride Market?
  • This report gives all the information regarding industry Overview, analysis and revenue of this market.
  • What are the market opportunities and threats faced by the vendors in the Global Bismuth Oxychloride Market?

If you have any special requirements, please let us know and we will offer you the report as you want

You can buy the complete report @ https://www.mraccuracyreports.com/checkout/488094

About Us:

MR Accuracy Reports’ well-researched inputs that encompass domains ranging from IT to healthcare enable our prized clients to capitalize upon key growth opportunities and shield against credible threats prevalent in the market in the current scenario and those expected in the near future. Our research reports arm our clients with macro-level insights across various key global regions that equip them with a broader perspective to align their strategies to capitalize on lucrative growth opportunities in the market.

Contact Us:
MR Accuracy Reports,
USA: +1 804 500 1224
UK: +44 741841 3666
ASIA: +91 747888728100
Email: [email protected]   
Website: https://www.mraccuracyreports.com

Continue Reading

Trending