Core Viewpoint - Jiuzi Holdings, Inc. has deepened its strategic cooperation with Xinhui Solar Technology Group to enhance their collaboration in Southeast Asia's new energy infrastructure and electric vehicle service markets, supported by a planned US$30 million investment from Xinhui Solar [1][4]. Group 1: Strategic Cooperation - The two companies aim to leverage their strengths in new energy resources, technology, capital, and market development to advance EV charging infrastructure and energy management solutions in Southeast Asia [2]. - The cooperation will be implemented in a phased and project-based manner, focusing on scalability and replicability across the region [2]. Group 2: Joint Venture and Financial Support - A memorandum of understanding (MOU) has been established to guide future collaboration, with a proposed joint venture intended as a key platform for regional operations [3]. - The additional US$30 million investment from Xinhui Solar is expected to provide ongoing financial support for Jiuzi Holdings' strategy in Southeast Asia, contingent on relevant conditions and internal approvals [4].

Core Viewpoint - Jiuzi Holdings, Inc. has signed a cooperation agreement with Xinhui Solar Technology Group Co., Ltd., securing a USD 30 million investment to enhance EV charging infrastructure and new energy vehicle service networks in Southeast Asia [1][2]. Group 1: Partnership Details - The agreement includes equity investment and co-development initiatives from Xinhui Solar Technology Group, aimed at accelerating the rollout of charging networks and integrated charging stations in key Southeast Asian countries [2]. - The partnership will adopt a phased investment and construction approach to establish a comprehensive charging and service network across major cities and transportation corridors [2]. Group 2: Strategic Advantages - This cooperation provides not only financial support but also leverages Xinhui's local resources and operational experience, enabling Jiuzi to enhance its brand influence and competitiveness in the Southeast Asian new energy mobility sector [3]. - Xinhui Solar Technology Group is optimistic about the growth potential in electric vehicle adoption and recognizes Jiuzi's capabilities in charging technology and network operations [4]. Group 3: Market Outlook - Industry observers note that the cooperation is expected to help both companies capture first-mover advantages in the region, driven by global decarbonization goals and supportive new energy policies [5]. - The collaboration is anticipated to create a sustainable business growth engine and support long-term value creation for both parties [5].

Core Insights - The electric vehicle (EV) sector is rapidly transforming the oil and gas industry, with 10.4 million battery-electric vehicles (BEVs) sold globally in 2024, representing 14% of new personal vehicle sales [1] - The shift towards EVs necessitates a strategic reassessment for oil and gas companies as governments, particularly in Europe, implement plans to phase out internal combustion engine (ICE) vehicles [2] Industry Adaptation - Leading oil and gas companies are extending their downstream strategies beyond conventional fuels by investing in EV charging infrastructure and forming partnerships with electric mobility and battery technology providers [3] - Companies like Shell and TotalEnergies are heavily investing in EV charging infrastructure, aiming to operate extensive public charging networks, which positions them to capitalize on the low-carbon mobility market [4] Market Dynamics - European companies are aggressively expanding their EV charging presence, reflecting the industry's shift towards electric mobility [5] - The landscape of electric mobility presents both opportunities and uncertainties, requiring oil and gas enterprises to prioritize strategic partnerships and innovative solutions in energy storage and digital transformation [6] Dual Dynamics - The transition to EVs is a significant transformation that requires profound adjustments from oil and gas companies, as demand for ICE vehicles remains steady, indicating that oil and gas will continue to play a critical role in global transportation [7] - By recognizing the dual dynamic of EV adoption and ICE vehicle demand, companies can better navigate the challenges and opportunities in the emerging mobility landscape [7]

Industry Overview - Electric vehicles (EVs) are becoming integral to global transportation, with advancements in battery technology and charging infrastructure making them more practical and affordable for everyday use [1] - Modern EV batteries have improved in longevity, charging speed, and production costs, narrowing the price gap with gas-powered vehicles and expanding EV appeal [1] - Fast-charging networks are expanding in major markets, addressing one of the significant concerns for potential buyers: charging time [1] Market Dynamics - Despite uneven adoption rates, the long-term shift toward electrification is firmly established, with global EV sales rising 21% year over year to 18.5 million vehicles in the first 11 months of 2025 [4] - The number of electric vehicles in use is expected to grow by 30% in 2026, reaching 116 million units worldwide, with plug-in hybrid vehicles forecasted to increase by 32% [4] - China is a key driver of this transition, with competitive pricing, strong government support, and innovation leading to a majority share of light-vehicle sales [5] - Global plug-in vehicle sales increased by 25% in 2024 to 17.8 million units, capturing nearly 20% of the light-vehicle market, projected to rise to 22.1 million in 2025 [6] Company Highlights - **Blue Bird Corporation (BLBD)**: A leader in low- and zero-emission school buses, with over 20,000 buses operating in the U.S. The company aims for $1.5 billion in revenues and $220 million in adjusted EBITDA for fiscal 2026, with a target of adjusted EBITDA margins above 16% on approximately $2 billion in revenues [7][8][10] - **Workhorse Group Inc. (WKHS)**: Focused on medium-duty electric commercial vehicles, with a production capacity of over 5,000 vehicles per year. The company has a solid sales pipeline and a growing backlog, with a projected year-over-year improvement of 90% and 56% for 2025 and 2026, respectively [11][12][13] - **QuantumScape Corp. (QS)**: Developing solid-state lithium batteries with significant advancements in manufacturing processes. The company recorded $12.8 million in customer billings for the first time and is moving closer to commercialization [14][16] - **ChargePoint Holdings, Inc. (CHPT)**: A leading player in EV charging, connecting drivers to over 1.3 million charging ports worldwide. The company reported a 6% year-over-year revenue increase to $105.7 million in fiscal Q3 2026, with subscription revenues up 15% [17][19]

Core Insights - Li Auto Inc. is currently viewed as a promising investment in the EV charging sector, holding a consensus rating of Hold from analysts, with an average price target suggesting a potential upside of 26.2% from its current stock price [1] Financial Performance - In Q3 2025, Li Auto reported a non-GAAP diluted net loss per ADS of RMB 0.36 ($0.05), which was below analyst expectations of RMB 0.64 [1] - The company's total revenue for the quarter was RMB 27.4 billion ($3.8 billion), exceeding analyst forecasts by 3.28%, but reflecting a significant year-over-year decline of 36.2% due to reduced vehicle deliveries and a vehicle recall [1][2] - Li Auto experienced a net loss of RMB 624.4 million ($87.7 million) in Q3 2025, a stark contrast to a net income of RMB 2.8 billion in Q3 2024, attributed to a 37.4% decline in vehicle sales [2] - Total vehicle deliveries fell by 39.0% to 93,211 units compared to the same quarter last year [2] - Gross profit decreased by 51.6% year-over-year to RMB 4.5 billion ($627.8 million), resulting in a gross margin of 16.3%, down from 21.5% [2] Strategic Initiatives - Li Auto is actively investing in EV charging infrastructure, committing over RMB 6 billion to expand its supercharging network, with a goal of establishing more than 5,000 supercharging stations by the end of 2025 [3] - The new supercharging stations will utilize proprietary 5C fast-charging technology and aim to cover 90% of major highway routes and urban centers in China [3]

Core Insights - Caliber has announced a partnership with Current and InCharge Energy to deploy EV charging infrastructure, enhancing sustainable asset performance across its portfolio [1][2] - The initial project will focus on Caliber hotels and sites in Phoenix, Arizona, a growing hub for electric vehicle innovation [1][2] Company Overview - Caliber (Nasdaq: CWD) is a diversified alternative real estate and digital asset platform with over $2.9 billion in managed assets and a 16-year track record in private equity real estate investing [4] - The company has recently launched a Digital Asset Treasury strategy, becoming the first U.S. public real estate platform to do so, which integrates real and digital asset investing [4] Partnership Details - The collaboration aims to deploy advanced EV charging infrastructure, develop rideshare hubs, and improve energy efficiency across Caliber's hospitality, multifamily, and industrial properties [2][3] - InCharge Energy will design, construct, and install EV charging sites at various Caliber locations, providing ongoing maintenance and support through its InControl™ software [2][3] Market Context - Current is focused on expanding access to EV solutions and Transportation-as-a-Service (TaaS), with initial efforts in California, Texas, and Arizona [3] - The partnership is expected to attract high-value tenants and guests, driving profitability improvements while supporting sustainable practices [2][3]

Core Insights - Fabrinet's strategic diversification into non-optical communication markets is yielding significant results, with non-optical revenues reaching $221 million in Q4 FY25, a 41% year-over-year increase [1][7]. Group 1: Revenue Growth and Market Segments - The automotive segment is the largest contributor, generating $128 million driven by demand for electric vehicle charging infrastructure and advanced sensors [2]. - Industrial lasers contributed $40 million, supported by automation and processing equipment, while medical and metrology applications further broadened Fabrinet's market exposure [2]. - The 41% growth in non-optical revenues outpaced overall revenue expansion, indicating effective market share capture in adjacent sectors [3]. Group 2: Future Projections - The Zacks Consensus Estimate for Q1 FY26 non-optical revenues is projected at $231 million, reflecting a 29.8% year-over-year increase, suggesting continued growth momentum [3][7]. - Strength across automotive, lasers, and medical markets positions Fabrinet well for further upside [3]. Group 3: Competitive Landscape - Fabrinet faces competition from Jabil and Coherent, both expanding in adjacent markets, with Jabil focusing on automotive and industrial solutions and Coherent in industrial lasers and optics [4]. - Fabrinet's emphasis on precision electro-mechanical components and EV charging infrastructure provides a differentiated positioning that may support sustained growth [4]. Group 4: Stock Performance and Valuation - Fabrinet's shares have increased by 66.8% year-to-date, outperforming the Zacks Electronics-Miscellaneous Components industry and the Zacks Computer and Technology sector [5]. - The stock is currently trading at a forward 12-month Price/Sales ratio of 3.06X, compared to the industry's 2.08X, indicating a higher valuation [9]. - The Zacks Consensus Estimate for Q1 FY26 earnings is $2.83 per share, reflecting an 18.41% year-over-year growth [12].

Group 1: Industry Trends - The oil and gas industry is undergoing transformation due to the electrification of the transport sector, with significant investments in EV charging stations being a notable strategy [2][4][5] - GlobalData forecasts that EVs will account for nearly 50% of all global light vehicle sales by 2035, with a compound annual growth rate of 6.7% for hybrid and electric vehicle sales between 2025 and 2037 [7] - The market for EV charging infrastructure was estimated to be worth $32.26 billion in 2024, projected to grow to $125.39 billion by 2030 [7] Group 2: Regional Insights - The Asia-Pacific (APAC) region is seen as an attractive investment opportunity due to growing populations, developing economies, and the need for affordable energy sources [3][12] - EVs currently make up 42% of auto sales in APAC, expected to reach 77% by 2037, while in Europe, EVs currently account for around 58% of auto sales, projected to jump to 99% by 2037 [10] - APAC is experiencing rapid increases in disposable incomes, leading to a forecast that the region will account for over 60% of the 115 million EVs sold worldwide over the next five years [13] Group 3: Company Strategies - Major oil companies like Shell, bp, and TotalEnergies are investing in EV charging infrastructure to adapt to the changing market [4][8] - Shell has prioritized investment in seven leading markets for EV adoption, including China, Germany, and the UK, due to their advanced pace of electrification [18][19] - European oil companies are reducing investment in EV charging infrastructure while maintaining a focus on Western markets, with Shell lowering its emissions reduction target for 2030 [17][19]

Core Insights - Parkland is actively investing in electric vehicle (EV) charging infrastructure despite its pending sale to Sunoco, indicating a commitment to enhancing its retail operations [3][8] - The recent $9.5 million grant from the Quebec government will facilitate the installation of 104 charging ports at 14 Marché Express stations, aligning with Quebec's 2030 Plan for a Green Economy [8] - Parkland's EV charging initiative began nearly three years ago and has expanded significantly, with 37 sites operational and higher-than-expected demand noted by the company's leadership [5][6] Investment and Market Position - The investment in EV charging is particularly strategic as over half of Canada's registered EVs are located in Quebec, positioning Parkland favorably in a growing market [3] - The company has observed a higher percentage of EV drivers visiting its stores compared to traditional gas-powered vehicle drivers, suggesting a shift in consumer behavior [6] Future Outlook - Regardless of whether Sunoco retains or sells Parkland's convenience store business post-acquisition, the installation of EV chargers is expected to enhance the future viability of selected retail sites [3]

Financial Performance - IPD Group achieved record revenue of $354.7 million, representing a 22.1% increase compared to the previous corresponding period (PCP) of $290.4 million[29, 32] - The company's EBITDA increased by 19.3% to $46.4 million, up from $38.9 million in the PCP[29, 32] - Net Profit After Tax (NPAT) rose by 17.0% to $26.2 million, compared to $22.4 million in the PCP[29, 32] - Earnings Per Share (EPS) increased by 8.6% to 25.3 cents, compared to 23.3 cents in the PCP[29, 32] - Operating cash flow increased to $52.7 million, compared to $35.5 million as at 30 June 2024[29] Business Segments - Data Centre revenue experienced strong growth, increasing by 33% compared to FY24, now representing 16% of group revenue[29, 34] - CMI's Cables revenue decreased by 10.2% on a pro-forma basis due to headwinds in the commercial construction sector[34, 45] - Addelec revenue decreased by 12.8% on the PCP due to previously disclosed project delays[34, 45] Financial Position - The group is in a net cash position of $9.8 million as of June 30, 2025, compared to a net debt position of $8.8 million as of June 30, 2024[29, 47, 49] - Total dividends declared for FY25 were 12.6 cents per share, up 16.7% on the PCP of 10.8 cents per share, equating to a total payout of $13.1 million and a 50% payout ratio[29, 55]