Batteries are the ‘new oil’ says Morgan Stanley — Here are stocks for every part of the supply chain

Brine pools at the Albemarle Corp lithium mine in Calama, Antofagasta Region, Chile, on Tuesday, July 20, 2021. Cristobal Olivares | Bloomberg | Getty Images According to Morgan Stanley, the global battery economy is the “new oil” and will reshape century-old supply chains with the creation of a new industrial order. Much of the interest … Read more

This battery tech ETF is up 100% this year

A man connects a charging plug to a 2017 Chevrolet Volt Hybrid Electric (EV) car from General Motors (GM) at a charging station in Jeju, South Korea. Seong Joon Cho | Bloomberg | Getty Images The increasing demand for electric cars has led to a rise in battery metals and some exchange-traded funds are profiting … Read more

Chinese consumers pick favorite electric cars from China, US, Germany

Stefan Wallenstein, CEO of Volkswagen China, presented the new ID.6 Crozz electric car during the Shanghai International Automobile Industry Exhibition on April 19, 2021. Hector Rietmal | AFP | Getty Images BEIJING — When it comes to their preferred brand of electric vehicles, the best option for Chinese consumers is BYD backed by Warren Buffett, … Read more

What to look for as Chinese EV makers like BYD, Nio, Xpeng roll out earnings

Han’s BYD electric car, pictured here at the 2021 Shanghai Auto Show, is one of the most popular new energy vehicles in China. Evelyn Cheng | CNBC China’s most popular electric car maker is set to report its quarterly earnings over the next few weeks, starting with BYD on Thursday. Here’s what the analysts are … Read more

Japan’s Nikkei 225; China property shares on tax fears

SINGAPORE – Stocks in the Asia-Pacific region were mixed on Tuesday after Wall Street’s major indexes rose to record closing levels across the United States. Japanese stocks led the gains regionally with Nikkei 225 jumping 1.77% to close at 29106.01 while Topix rose 1.15% to 2.018.40. South Korea’s Kospi advanced 0.94% to close at 3049.08. … Read more