Hints and tips:
...s factory in Chungju, in the landlocked Korean province of North Chungcheong, produces high-nickel cathode materials, a product for which it holds about a third of the global market share, according to Bernstein...
...Neil Beveridge, an analyst with Bernstein in Hong Kong, said “overcapacity remains the greatest risk” facing investors buying into China’s battery value chain, although he noted that scale and technology...
...Daniel Roeska, an auto analyst with Bernstein, said that consumers had perceived a “chasm” between the industry leaders — Tesla and BYD — and the “traditional [original equipment manufacturers]” such as...
...Trevor Stirling, spirits analyst at Bernstein, said cognac producers would be adversely affected by any tariffs imposed on exports to China. “This is unlikely to be resolved quickly,” he said....
...Robin Zhu, a gaming sector analyst with Bernstein in Hong Kong, described Friday’s sell-off in a note as “The Nightmare Before Christmas”, and warned that the impact on smaller game developers could be worse...
...According to Bernstein research, BYD batteries are among the lowest cost in the world while also boasting close to the highest energy density, which results in better performance in the cars....
...15 per cent to 20 per cent cheaper than the dominant battery technologies made with nickel with manganese and cobalt, NMC, or lithium iron phosphate (LFP), according to research published this week by Bernstein...
...world’s largest EV market and with local supply chains, CATL and BYD have managed to lower the capital costs at their factories to less than $60mn per gigawatt hour of batteries produced, according to Bernstein...
...Bernstein says the cost of some manufacturing in the US can be three times more than in China....
...Analysts at investment manager Bernstein say there has been a “clear movement” by the industry towards this....
...While some people take up gardening or golf in retirement, Edward McQuarrie, an emeritus marketing professor, has spent the past seven years taking a closer look at US exceptionalism....
...PTL is among the four biggest Chinese groups in the sector that together account for roughly half the global market, according to Bernstein analysts....
...battery factory is doubling every four or five years, while the cost of building China’s factories is forecast to shrink to about $50mn/GWh in the coming years, from about $60mn/GWh today, according to Bernstein...
...The pace of growth means China is on the cusp of hitting 50 per cent of car sales to be EVs by the end of 2025, becoming the first major economy to do so, according to Bernstein forecasts....
...Follow Demetri Sevastopulo and Edward White on Twitter...
...Neil Beveridge, an analyst with Bernstein in Hong Kong, said China accounted for about seven in every 10 EVs sold globally....
...CALB’s gross profit margin of 7 per cent last year lagged margins of about 20 per cent among industry peers, according to Bernstein....
...Additional reporting by Claire Bushey in Chicago, Edward White in Seoul and Kana Inagaki in Tokyo This article is the second in a series on next-generation batteries...
...Fred A Bernstein wrote in The New York Times that Holtzman “believed that an igloo, a prison cell or a child’s attic room (adorned with Farrah Fawcett posters) could be as compelling as a room by a famous...
...As EV demand grows, global battery capacity is expected to increase by 40 per cent annually through 2025, to 3,252 gigawatt hours from 823GWh in 2021, according to Bernstein forecasts....
...According to Bernstein research, BYD now has about 10 per cent of global capacity for EV battery production....
...Carl Bernstein, the legendary Watergate reporter, published the names of 21 Republican senators who had privately “expressed contempt” for Trump....
...It is also among the lowest-cost manufacturers of EV cars and batteries, according to research from Bernstein....
...“Heritage alone risks looking stuffy in the eyes of younger consumers, and somewhat old,” says Luca Solca, a senior research analyst at Bernstein....
...Chinese car exports to the country tripled last year to 123,000 compared with 43,000 in 2020, according to Bernstein, while the country’s exports overall doubled to 2mn....
International Edition