"A healthy inventory level and recent price cuts for solar glass to further stimulate demand should help the company," the analysts wrote. Chinese solar glass manufacturer Xinyi is also a pick. Its share price "has corrected significantly" since the start of the year, providing a good entry point for investors, the analysts added. Renewable energy Sunrun, the largest installer of home and commercial solar systems in the U.S., is likely to see "incremental demand" for its products due to favorable policy, UBS said. "It is a leading manufacturer of carbon fibers and supplier of battery separator film for lithium-ion batteries, whose sales are set to grow in the coming years," the analysts added. Meanwhile Toray - also based in Japan - is a "key beneficiary of increased demand for climate and environmentally friendly products," UBS said. Japanese firm TDK is a pick for expanding its battery business beyond smartphones and into tablets, video games consoles, e-bikes and energy storage systems. "With South Korea, Japan and China having announced ambitious carbon neutral targets, we remain positive on the long-term outlook for regional EV battery demand growth," they added. Batteries Battery cell producer Samsung SDI is the "leading" company in its sector globally, with customers including Apple and Samsung, the UBS analysts said. "We expect China's EV market to grow 5x from 2020 to 2025, and believe Li Auto has the potential to capture a meaningful share, as it has successfully built initial brand recognition-it sold 25,000 units in July 2020 priced above CNY 300,000, a segment traditionally dominated by foreign brands," the analysts wrote. Japanese auto parts firm Denso is on UBS's list as it is "well positioned to take advantage of the global shift towards electric vehicles and hybrid vehicles (HEV), which we expect to accelerate." Chinese firm Li Auto is a pick for its focus on premium EVs with an extended range, with the Li ONE SUV priced at 328,000 yuan renminbi ($50,760). While its dominance in this market is normally associated with Europe, it has captured 50% of the market in China," the analysts stated. "Infineon is a leading global supplier of onboard charger (OBC) semiconductors for electric and hybrid electric vehicles. UBS also likes German semiconductor supplier Infineon Technologies, which it said was likely to benefit from strong demand growth from EVs. Auto supplier Aptiv is a pick for being "in the forefront of the emerging business of high voltage components for electric vehicles," as well as for its customers across geographies including Europe, China and the Americas. GM is set to invest almost $27 billion in the technology over the next five years. Electric vehicles General Motors is set to benefit from President Joe Biden's infrastructure plan, including investment in electric vehicles, the analysts said. COVID-19 might only be a foretaste of the kind of economic shocks and supply-chain disruptions that could be triggered by a climate crisis," the analysts added. 24, UBS analysts chose companies that they said "will play a key role in the global energy transition and will ride a new wave of private investments, spurred on by some of the biggest green stimulus programs the world has ever seen." "The world is becoming warmer as carbon dioxide emissions have accelerated since the mid-20th century. ![]() In its "Greentech goes global" research note dated Aug. and global green technology stocks, including electric vehicle (EV), battery and renewable energy companies. Personal Loans for 670 Credit Score or LowerĪnalysts at UBS have named their "best investment ideas" across U.S. ![]() Personal Loans for 580 Credit Score or Lower Best Debt Consolidation Loans for Bad Credit
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