In today’s briefing:
- CATL & BYD’s Hybrid Sodium-Ion/ Lithium-Ion Batteries to Take Away Share from Korean Battery Makers
- Overlooked Aspects of KG Mobility’s Passive Flow Trading Opportunities: KOSPI 200 & KRX Auto
CATL & BYD’s Hybrid Sodium-Ion/ Lithium-Ion Batteries to Take Away Share from Korean Battery Makers
- One of the biggest breakthroughs in the global EV rechargeable battery industry this year has been CATL and BYD’s launch of hybrid sodium-ion and lithium-ion batteries in 2H 2023.
- This is expected to take away market share from Korean EV battery makers including LG Energy Solution and Samsung SDI.
- It is expected that eventually, that sodium-ion batteries could be about 30-40% cheaper than conventional lithium-ion batteries.
Overlooked Aspects of KG Mobility’s Passive Flow Trading Opportunities: KOSPI 200 & KRX Auto
- KG Mobility belongs to the Consumer Discretionary sector, and if we consider its market cap on April 28th, it comfortably qualifies for inclusion in KOSPI 200 in the upcoming review.
- Although the KOSPI 200 eligibility rules do not explicitly prohibit a stock based on such short trading periods, there is a chance that KRX might exercise its discretionary provision (6.1.2).
- There is another significant event approaching us. As per current market cap levels, there is a high chance of KG Mobility being included in the KRX Auto Index in September.
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