While searching for green stocks its important to follow green trends. The Economist reports that "China’s increasingly affluent citizens may not all be able to afford cars just yet. But they clearly yearn for some motive power beyond that provided by their two legs. The standard bicycle, synonymous with mass transport in China, is not enough for everyone. Over the past few years electric bikes, with small motors that give a little help to the … Read the rest
Category Archives: Electric/Hybrid Cars
Honda Sales Slipping Right Along With Its Stock
Honda Motor (HMC) saw sales slip 2% in July, blaming profound uncertainties in the auto market. Apparently, brisk sales of hybrid cars aren’t helping to ease tough economic conditions. Fuel efficient auto sales increases 14%, while pickup truck, minivan and SUV sales tumbled 23%.
“The uncertainties in the market have been quite profound in the past few weeks,” Dick Colliver, executive vice president of sales for American Honda, said in a release. “We are adjusting … Read the rest
TheStreet.com: 6 Green Stocks That Could Go to Zero
James Altucher of TheStreet.com posted an article this morning highlighting 6 alternative energy stocks that could go to zero. He likens the green stock mania to the dot com bubble and to some degree he’s right. There is one important lesson in all of this: stick to companies growing rapidly and decreasing debt with strong technical indicators and you won’t get burned. Simple as that.
The six he highlighted are :
Verasun (VSE), Capstone … Read the rest
UQM Technologies (UQM) Reported First Quarter Results, Surges
UQM Technologies (UQM) reported 1Q results last week and surged more than 10% on Friday right up to resistance of the 200 day moving average. The company reported an EPS loss of .04/share as compared with a loss of .05/share in the year ago quarter on revenues that were up 23% over the year ago quarter.
Revenue growth was driven by double digit growth in both contract services and product sales. Said Donald A. French, … Read the rest
Citron Research: Ener1 (HEV) All Hype
Citron Research just released a report on Ener1 (HEV) declaring that the company “has no path to profitability and no evidence of widespread commercial acceptance of their product.”
Citron goes on to say that this “corporate shell” company has a history of failed businesses based on exaggerated promises which include everything from video games to visualization software to set top boxes.
They just got into the lithium battery business by purchasing Delphi’s years … Read the rest
SmallCapInvestor.com Profiles Capstone Turbine (CPST)
SmallCapInvestor.com wrote up a nice research report (it’s free but you need to register to view it) on Capstone Turbine (CPST) a few days ago. Capstone makes low maintenance microturbines that help in power distribution which can be used in primary or backup power situations. The big Mexican and Brazil oil companies Pemex and Petrobras are its biggest customers but the company’s turbines are used in a wide array of industries and could be used … Read the rest
Clean Energy Fuels (CLNE) Awarded 2 Supply Contracts
Clean Energy Fuels (CLNE) received a one year $6.7 million LNG (liquified natural gas) supply contract renewal to serve the City of Tempe and the Regional Publich Transit Authority through a contract with the City of Pheonix
“We are pleased to continue our supply relationship with Tempe and the RPTA where we have provided reliable, cost-efficient fueling services for five years, ensuring those agencies and their riders that their buses roll out daily to meet … Read the rest
UQM Technologies 2.62 Million First Quarter Orders For Electric & Hybrid Vehicle Propulsion Systems
UQM Technologies announced today that it received 2.62 million in orders (double the amount over the same period last year) for its propulsion motors, generators and power electronic controllers to drive both electric and hybrid electric vehicles.
“We continue to see growing interest in our technology and products in a variety of applications and markets driven by high fuel prices and the resulting demand by consumers for fuel-efficient vehicles,” said William G. Rankin, UQM Technologies’ … Read the rest
Toyota (TM) To Add Solar to the Prius
According to a newspaper report, Toyota (TM) is planning to add solar panels to the roof of its popular Prius hybrid early next year to power the vehicles air conditioning and would be the first major manufacturer to do so. Looks like Toyota is continuing to lead with innovation.… Read the rest
Cramer Likes Ener1 (HEV) & Sociedad (SQM) For Lithium Battery Play
Jim Cramer said on Mad Money that Ener1 (HEV) is one of his first favorite speculations. He said “”That’s one of my favorite speculations. I think that you want to be in that. It’s a lithium battery company. I also like Sociedad Quimica (SQM) as an even better play.”
Developing smaller lithium batteries than can hold increasingly longer charges while remaining safe will be a big barrier to wide spread adoption of electric plug in … Read the rest