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Mercedes-Benz has unveiled the new CLA, a fully electric compact sedan boasting a remarkable range of up to 492 miles, making it the longest-range EV in Europe. With a focus on digital intelligence and aggressive styling, the CLA aims to attract a younger audience and marks the beginning of a significant product launch strategy for the brand. The vehicle features advanced technology, including a new operating system and rapid charging capabilities, positioning it as a blueprint for future Mercedes models.
Geely's founder, Li Shufu, has introduced the Taizhou Declaration to address financial challenges amid a slowing EV market and rising tariffs. This strategy focuses on consolidating operations and enhancing efficiency, following significant losses of $2.2 billion across its EV brands in 2024. Geely aims to boost annual vehicle sales from 3.3 million in 2024 to 5 million by 2027.
Stellantis shares, after a significant drop in 2024, are showing signs of a bullish turnaround, breaking out of a trading range between €12 and €13.50. This movement aligns with positive trends in the European automotive sector, influenced by macroeconomic factors and the upcoming appointment of a new CEO. Key price targets are set at €15.50 and €18.50, with a favorable risk/return profile for investors.
UBS has maintained a "Neutral" rating for Mercedes-Benz, setting a target price of 55 euros. Analyst Patrick Hummel anticipates an EBIT margin of 6-8% in the passenger car sector for 2025 and 2026, alongside a notable decrease in free cash flow this year compared to 2024.
Huawei has unveiled the Maextro S800, the largest electric sedan in China at 5,480 mm, boasting 1,006 horsepower. This premium vehicle, designed to compete with the Mercedes-Benz Maybach and Nio ET9, offers both BEV and EREV versions, with pre-orders starting at a 20,000 yuan deposit. The official launch is anticipated in the second quarter of the year.
Visteon Corporation is a global automotive technology leader, providing hardware and software solutions for the digital, electric, and autonomous vehicle sectors. The company serves major automotive clients, including BMW, Ford, and General Motors, and specializes in cockpit electronics, infotainment systems, and connected car technologies. Its offerings include digital instrument clusters, ADAS displays, and battery management systems, enhancing the driving experience and vehicle performance.
Mercedes-Benz reported a 5% increase in fourth-quarter sales from the previous quarter, though overall sales for 2024 fell 4% to 2.4 million cars. Meanwhile, Ubisoft's shares dropped 8% following the delay of its "Assassin's Creed Shadows" game to March 20, 2025, and the British pound continued to decline, trading at $1.2287 amid rising government borrowing costs. European markets closed lower as U.S. job growth exceeded expectations, leading to a spike in Treasury yields and a drop in regional currencies.
Tesla is poised to collect over $1 billion from EU automakers seeking to pool carbon emissions to meet the 2025 CO2 regulations. Companies like Stellantis, Toyota, Ford, Mazda, and Subaru are interested in joining Tesla's pool, with a deadline for applications set for February 5. UBS analysts suggest that Tesla's compensation could exceed €1 billion if it fully monetizes its CO2 position, although it's uncertain if the pool can accommodate more participants.
Shares in Technology Minerals PLC surged 273% following its subsidiary Recyclus Group's offtake agreement with Glencore PLC for black mass, a material derived from spent lithium-ion batteries. This deal, starting with a 100-tonne trial, marks a significant milestone in the battery recycling market, supporting sustainable practices as demand for recycled materials grows amid the electrification shift. Glencore's broader strategy includes partnerships to enhance its battery recycling capabilities, reflecting the increasing competition and necessity for sustainable sourcing in the industry.
Shares in Technology Minerals PLC surged 273% following its subsidiary Recyclus Group's offtake agreement with Glencore PLC for black mass, a material derived from spent lithium-ion batteries. This deal, starting with a 100-tonne trial, marks a significant milestone in the battery recycling market, supporting sustainable practices as demand for recycled materials grows amid the electrification shift. Glencore's broader strategy includes partnerships to enhance its battery recycling capabilities, reflecting the increasing competition and importance of securing critical metals from recycled sources.
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