2 International Energy Efficiency Stocks for the Future

2 International Energy Efficiency Stocks for the Future

Magna International Inc

Magna International Inc. (MGA) designs, engineers, and manufactures components, assemblies, systems, subsystems, and modules for original equipment manufacturers (OEMs) of vehicles and light trucks worldwide. The company operates through four segments: Body Exteriors & Structures, Power & Vision, Seating Systems, and Complete Vehicles.

Founded in 1957 and employing over 150,000 employees across the globe Magna International has a diversied business and revenue model. It’s RADAR and LIDAR technologies are paving the way for future advancement of electric and autonomous vehicles. We can easily see the share price doubling over the next 2-3 years. BULLISH

NIO

NIO (NIO) Limited designs, manufactures, and sells electric vehicles in the People’s Republic of China, Hong Kong, the United States, the United Kingdom, and Germany. The company offers five, six, and seven-seater electric SUVs. It is also involved in the provision of energy and service packages to its users; marketing, design, and technology development activities; manufacture of e-powertrains, battery packs, and components; and sales and after sales management activities. In addition, the company offers charging solutions, including Power Home, a home charging solution; Power Swap, a battery swapping service; Power Mobile, a mobile charging service through charging trucks; Public Charger, a public fast charging solution; and Power Express, a 24-hour on-demand pick-up and drop-off charging service.

Founded in 2014 and employing over 6,000 around the globe NIO continues to be a pioneer in EV vehicles and services. Nio continues to expland its vehicle offerings and collaboration agreements with various manfacturers in the electric and autonomous vehicle space. We see NIO’s share price continuing to advance as it breaks ground in a wide array of EV offerings. Again, we see a double of share price in 2-3 years. BULLISH