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ESGL Holdings ( (ESGL) ) just unveiled an update.
On January 16, 2026, ESGL’s subsidiary Environmental Solutions (Asia) Pte Ltd announced an exploratory joint development program with Italy’s ultra-luxury carmaker De Tomaso Automobili to research and develop sustainable advanced automotive materials incorporating carbon nanotubes. Building on ESA’s existing production of circular multi-walled carbon nanotubes from plastic waste and a prior non-binding memorandum of understanding related to a carbon‑neutral race circuit in Indonesia, the initiative will focus on integrating these nanomaterials into high-performance composites for ultra-luxury vehicles such as the De Tomaso P72, aiming for stronger, lighter, more conductive and recyclable components. The collaboration is positioned as a strategic platform for ESGL to extend its circular-economy technologies into the luxury automotive segment while maintaining independence from any potential business combination between the two groups, and it currently carries no binding financial or commercial commitments until definitive agreements are signed, with intellectual property expected to follow standard joint development structures.
The most recent analyst rating on (ESGL) stock is a Hold with a $4.00 price target. To see the full list of analyst forecasts on ESGL Holdings stock, see the ESGL Stock Forecast page.
Spark’s Take on ESGL Stock
According to Spark, TipRanks’ AI Analyst, ESGL is a Neutral.
The overall stock score of 52 reflects significant financial challenges, including negative profitability and cash flow issues, despite some improvements in gross profit margins and leverage. Technical analysis shows positive momentum, but valuation remains a concern due to the negative P/E ratio and lack of dividend yield.
To see Spark’s full report on ESGL stock, click here.
More about ESGL Holdings
ESGL Holdings Limited is a Singapore-based circular economy innovator focused on reducing carbon emissions for industrial customers across Asia. The company operates through its wholly owned subsidiary Environmental Solutions (Asia) Pte Ltd, which develops and produces sustainable advanced materials such as circular multi-walled carbon nanotubes derived from plastic waste, targeting applications where high-performance and environmental responsibility intersect.
Average Trading Volume: 8,293
Technical Sentiment Signal: Buy
Current Market Cap: $167.3M
Learn more about ESGL stock on TipRanks’ Stock Analysis page.