Hello dear Getquin Community,

This year's IAA Mobility in Munich showed that the automotive industry is on the verge of a turning point. With over 30 percent more exhibitors than in 2023 and numerous premieres from Audi, $BMW (+0,4%) BMW, $MBG (+1,26%) Mercedes, $VOW3 (-1,69%) VW, Opel and Chinese challengers such as BYD and $1211 (+0,63%) BYD and $9868 (-1,74%) XPeng, it became clear that electromobility has now become the standard. However, behind these new platforms and concepts lies an even bigger topic, namely autonomous driving and the robotaxis of the future.

In order to present this field in a clear and transparent way for investors, I have broken down the entire value chain into individual sectors. These include automotive and suppliers, semiconductors and technology, communication and infrastructure, software and algorithms, logistics and transportation, insurance and finance, energy and infrastructure, battery and propulsion, maps and mapping, and safety and cybersecurity. Within each sector, I have analyzed the big players, the hidden champions and the blade manufacturers and highlighted my favorites in each case with a brief explanation. @Multibagger 😎

My aim was to develop as comprehensive a picture as possible that shows where the opportunities lie in this new industry and how investors can position themselves at an early stage. Perhaps the IAA 2025 was not just a car show, but actually the starting signal for the next big investment ecosystem around robotaxis and autonomous driving. If I have overlooked any important aspects or if a categorization was not quite precise, I look forward to your comments @BamBamInvest
@Epi
😎 and exciting additions @All-in-or-nothing 😎 Together we can understand this topic even better and learn from each other. @Tenbagger2024 😎

Feel free to leave a 👍. I wish you every success with your investments 🚀

🚘 Automotive & suppliers

Big player:

$TSLA (+0,1%) Tesla - pioneer in autopilot/FSD, vertical integration, huge database

$MBG (+1,26%) Mercedes-Benz Group - EQS/EQE with Level 3 approval in Germany, strong regulatory expertise

$BMW (+0,4%) BMW - New class platform, e-models with prepared sensor technology & level 3 approaches

$VOW (-2,09%) VW Volkswagen - Cariad software unit, massive push towards ADAS/AV

$7203 (+0,22%) Toyota (Japan) - largest OEM, cooperation with Pony.ai and Denso

$GOOGL (+0,54%) Alphabet Waymo (private/Alphabet $GOOGL) - robotaxi pioneer in the USA

$9888 (-1,5%) Baidu Apollo (9888.HK) - Robotaxi & Full-Stack AV in China

$Pony.ai (private, China) - Robotaxi & partnerships with Toyota

👉 Favorite: Alphabet Waymo ($GOOGL (+0,54%))

Moat through years of data collection in real operation, deep AI integration, financially secured by Alphabet. Compounder potential, as Waymo can scale as a platform.

Hidden champions:

$APTV (+1,77%) Aptiv - supplier for ADAS, sensor fusion, E/E architectures

$MG (+1,11%) Magna International - produces complete vehicle systems including autonomous components

$ZF Friedrichshafen (private) - German giant in steering and braking systems for AVs

Veoneer (private, formerly listed) - safety software, vision, sensor technology

$SHA0 (+2,37%) Schaeffler AG (DE, Germany, Xetra) - global supplier of drive, chassis and intelligent steering systems. Important for e-mobility and redundancy solutions in autonomous driving.

👉 Favorite: Aptiv ($APTV (+1,77%)
)

High barriers to entry through system integration, broad customer base (OEM-agnostic), strong cash flow and close partner of major car manufacturers.

Blade manufacturer:

$NVDA (+3,59%) Nvidia - Drive Orin / Thor chips for OEMs, standard in the AV sector

$QCOM (+2,19%) Qualcomm - Snapdragon Ride platform for AVs

$INTC (+28,92%) Intel Mobileye - EyeQ chips, one of the market leaders in ADAS

$LAZR (-4,17%) Luminar Technologies - Lidar, partnerships with Volvo, Mercedes, SAIC

$OUST Ouster, Inc. - Lidar solutions

$INVZ Innoviz (INVZ) - Lidar sensor technology, cooperation with VW & BMW

👉 Favorite: Nvidia ($NVDA (+3,59%)
)

Dominance in high-performance AI chips, ecosystem with software (CUDA, DriveSim), network effects through partnerships with almost all OEMs. Classic compounder, enormous moat due to technology and developer lock-in.

Takeaway:

In the automotive & supplier sector, it's not just who sells the most cars, but who has mastered the best technology stack for autonomy. OEMs work closely with specialized suppliers and blade manufacturers. Investors should focus less on unit numbers and more on data basis, software expertise and partnerships. The real levers often lie with suppliers and technology enablers, not just the traditional car brands.

💻 Semiconductors & technology

Big players:

$NVDA (+3,59%) Nvidia - GPUs & AV chips (Drive Orin, Drive Thor), software ecosystem

$QCOM (+2,19%) Qualcomm - Snapdragon Ride platform, automotive pipeline >30 billion USD

$INTC (+28,92%) Intel / Mobileye - EyeQ chips, ADAS market leader

$AMD (-2,5%) AMD - GPU/CPU, entry into automotive AI compute

👉 Favorite: Nvidia ($NVDA (+3,59%)
) Unique position: Technological moat through CUDA ecosystem, enabler of almost all AV developments, quasi-monopoly in high-end compute. Classic compounder with long-term growth leverage.

Hidden champions:

$LAZR (-4,17%) Luminar Technologies - Lidar supplier, partnerships (Volvo, Mercedes, SAIC)

$INVZ Innoviz Tech. - Lidar, BMW & VW as customers

$KOTMY Koito Manufacturing - world market leader in automotive lighting, entry into lidar through Cepton integration, important role as supplier for OEMs

$AMBA (+4,01%) Ambarella (AMBA) - camera chips & vision processors for AV

$STMPA (+5,12%) STMicroelectronics (France/Italy, Euronext) - automotive microcontrollers, sensors, power electronics. European counterpart to Infineon.

$AIXA (+8,55%) Aixtron (Germany, Xetra) - supplies manufacturing equipment for SiC and GaN semiconductors, indispensable for power electronics in EV/AV.

$ELG (+6,87%) Elmos Semiconductor (Germany, Xetra) - niche player for mixed-signal semiconductors in automotive, e.g. for radar and driver assistance.

👉 Favorite: Luminar ($LAZR (-4,17%)
) Clear technical USP, strategic OEM deals in series production, high barriers to entry in lidar technology. Scalable compounder in a niche market.

Blade manufacturer:

$TSM (+2,14%) Taiwan Semiconductor - production of all relevant automotive chips

$ASML (+6,85%) ASML Holding - Lithography monopolist, without ASML no AI/AV chips

$EQIX (+1,11%) Equinix - data center colocation for AI training & simulations

$DLR (-0,18%) Digital Realty - cloud and data infrastructure

$AMZN (+0,84%) Amazon AWS - Cloud resources for AI training, simulation & OTA updates

👉 Favorite: ASML ($ASML (+6,85%)
) Monopoly on EUV lithography, no advanced chips for autonomous driving without ASML. Moat through technology and patents, classic compounder.

Takeaway:

Semiconductors & technology are the foundation of autonomous driving. While Nvidia plays the central role with computing power, lidar specialists such as Luminar ensure perception. The real shovelware winner, however, is ASML, without whose machines there would be no AV chips. Investors will find the deepest technological moats in the entire value chain here.

📡 Communication & infrastructure

Big players:

$ERIC B (+1,83%) Ericsson - 5G/6G networks, vehicle-to-everything (V2X) applications, global player

$NOK (+2,02%) Nokia - 5G/Edge solutions for automotive & smart cities

$QCOM (+2,19%) Qualcomm - Snapdragon Digital Chassis, V2X chipsets, automotive pipeline

Huawei (private, China) - strong player in 5G/AV communication, partnerships in Asia

👉 Favorite: Qualcomm ($QCOM (+2,19%)
) Wide moat through IP in mobile communications, at the same time deep automotive integration via Snapdragon Ride & Digital Chassis. Compounder, as economies of scale in chips + licenses worldwide.

Hidden champions:

$Cohda Wireless (private, Australia) - pioneer for V2X communication, software solutions for OEMs

$Autotalks (private, Israel, acquisition by Qualcomm planned) - leader in dedicated V2X chips

Commsignia (private, Hungary) - V2X middleware & roadside units

👉 Favorite: Autotalks (private, Israel)

Technology leader in dedicated V2X chips, unique IP portfolio. Strong takeover candidate (Qualcomm already active), giving moat + exit potential.

Shovel manufacturer:

$CSCO (+0,7%) Cisco Systems - network infrastructure for automotive, cloud & edge

$AMT (-0,95%) American Tower - cell towers & infrastructure, benefits from 5G expansion

$CCI (-0,89%) Crown Castle - radio tower and fiber optic infrastructure (mainly USA)

$EQIX (+1,11%) Equinix - data centers, basis for edge computing and OTA updates

$DLR (-0,18%) Digital Realty - colocation & data center capacity for simulations and AV data

👉 Favorite: Equinix ($EQIX (+1,11%)
)

Global leader in data center colocation, benefits from the edge computing trend. Strong moat due to network effects & high switching costs. Long-term compounder.

Takeaway:

Communication & infrastructure are the silent cornerstones of autonomous driving. Without low-latency networks, edge data centers and V2X communication, no AV can drive safely. While Qualcomm forms the technological bridge between chip and infrastructure, hidden champions such as Autotalks secure niche leadership. On the blade side, Equinix remains unbeatable, as every OEM & service provider needs computing power at the edge.

🤖 Software, platforms & algorithms

Big Player:

$GOOGL (+0,54%) Alphabet / Waymo - Robotaxi pioneer, full-stack AV software, years of database

$TSLA (+0,1%) Tesla - FSD, Dojo supercomputer, vertical integration incl. fleet

$9888 (-1,5%) Baidu Apollo (HK) - largest robotaxi network in China, full-stack solution

$UBER (+1,53%) Uber - AV platform in partnership (e.g. with Momenta), scaling via existing user base

👉 Favorite: Alphabet / Waymo ($GOOGL (+0,54%)
)

Unbeatable moat due to millions of real driving kilometers + simulations, strong financial base via Alphabet, focus on platform scaling (robotaxi, licensing model). Compounder with global expansion potential.

Hidden champions:

$Momenta (private, China) - L4 software for OEMs, partner of Mercedes, Toyota

$AUR Aurora Innovation - software + sensor technology for truck autonomy, partner PACCAR, Volvo

$Argo AI (private, USA) - formerly Ford/VW, now partly continued through partner projects

$Oxbotica (private, UK) - modular AV software, focus on industrial & logistics applications

👉 Favorite: Aurora Innovation ($AUR
)

Clear focus on trucking (biggest lever in the AV market), long-term OEM partnerships, strong moat due to specialization in long-haul autonomy. Still young, but strong compounder potential.

Shovel manufacturer:

$PLTR (+4,37%) Palantir - data management, simulation & AI analysis for AV training

$SNOW (+1,1%) Snowflake - Cloud data platform, relevant for AV data streams

$MSFT (+0,31%) Microsoft Azure - cloud & simulation platform for OEMs

$AMZN (+0,84%) AWS - largest provider for AI training & simulations in the AV sector

$ADBE (+1,47%) Adobe - Simulation & Digital Twin Tools (via partnerships)

👉 Favorite: Palantir ($PLTR (+4,37%)
)

Deep integration in data pipelines, modular platform for simulation & decision logic. Moat due to lock-in effects with major customers, strong compounder with AI scaling.

Takeaway:

Software and algorithms are the real key to autonomous driving. Vehicles are becoming "data centers on wheels" and only the companies with data, simulation and AI stacks can dominate the market in the long term. Waymo provides the scalable robotaxi ecosystem, Aurora scores with its trucking focus, and Palantir ensures that data streams remain manageable. This is where the biggest margins are generated, not in the sale of hardware.

🚚 Logistics & transportation

Big player:

$AUR Aurora Innovation - focus on autonomous trucks, partnerships with Volvo & PACCAR

$TuSimple (private, USA) - pioneer for autonomous trucks, strong in the USA and China, currently undergoing restructuring

$AMZN (+0,84%) Amazon / Zoox - Robotaxi & autonomous delivery services, integration into e-commerce and Prime

$FDX (+0,37%) FedEx - test programs for autonomous delivery (cooperations with Aurora, Nuro, among others)

$DHL (-0,25%) Deutsche Post DHL - pilot projects with autonomous delivery vehicles & drones

👉 Favorite: Amazon / Zoox ($AMZN (+0,84%)
)

Moat through e-commerce ecosystem, integration of AV in the last mile, strong financial power and scalability. Compounder due to synergies between logistics and technology.

Hidden champions:

$Nuro (private, USA) - autonomous delivery vehicles specifically for the last mile

$Einride (private, Sweden) - electric autonomous trucks, focus on freight & sustainability

$Gatik (private, Canada/USA) - AV for medium distances (B2B supply chains, e.g. Walmart)

$Starship Technologies (private, Estonia/USA) - autonomous delivery robots for urban logistics

👉 Favorite: Gatik (private, Canada/USA)

Clear business model: "middle-mile" logistics, profitable niche market with predictable routes. Moat through early commercial contracts (Walmart). Compounder potential through scaling in the B2B sector.

Shovel manufacturer:

$CAT (+2,82%) Caterpillar - autonomous technologies for construction machinery & mining, know-how transferable

$DE (+1,4%) Deere & Co - autonomous agricultural machinery, similar technology stacks as for trucks

$ISRG (+0,52%) Intuitive Surgical - example of high-end automation (here as a cross-reference for AV tech transfer)

$UPS (+0,36%) United Parcel Service - logistics infrastructure, partner for AV integration

$R (+1,28%) Ryder System - fleet management, leasing and AV test integration

👉 Favorite: Deere & Co ($DE (+1,4%)
)

Autonomy already in use (precision farming), moat through data & technology in the agricultural sector. Compounder quality, as know-how in navigation & autonomy is transferable to transportation/logistics.

Takeaway:

Logistics is one of the first markets where autonomous driving brings real profitability. Trucks and delivery services benefit from 24/7 operation without drivers, while the last mile (Nuro, Gatik) opens up new business models. Amazon is the most powerful player through vertical integration, while hidden champions like Gatik occupy targeted profitable niche markets. Shovel manufacturers such as Deere supply the already proven autonomy stacks.

🏦 Insurance & finance

Major players:

$ALV (+0,8%) Allianz - the world's largest insurer, involved in AV pilot projects at an early stage

$MUV2 (+0,71%) Munich Re - reinsurance, develops models for AV risk transfer

$CS (-0,34%) Axa - active in AV insurance testing & research

$BRK.B (+0,36%) Berkshire Hathaway - large presence in the US motor insurance market via Geico

👉 Favorite: Munich Re ($MUV2 (+0,71%)
)

Moat through global reinsurance strength, pioneer in new risk models for AVs. Compounder characteristics through diversification and ability to insure new markets (cyber, AV, climate) at an early stage.

Hidden champions:

$LMND (+2,55%) Lemonade - digital insurance, AI-driven, quickly adaptable for AV policies

$Root Insurance (private/USA, formerly listed) - data-driven car insurance, use of driving data

$Next Insurance (private, USA) - platform approach, simple onboarding for new risks

$Wefox (private, Germany) - digital platform for insurance brokerage, flexible for new products

👉 Favorite: Lemonade ($LMND (+2,55%)
)

Pure digital insurer with AI-driven underwriting. Moat through data and automation approach. Still small, but compounder potential as scalable platform can be used in new markets such as AV policies.

Shovel manufacturer:

$SREN (-0,65%) Swiss Re - global reinsurer, benefits from increasing AV risk volume

$VRSK Verisk Analytics - data & risk analytics for insurers, AV risk models

$GWRE (+0,12%) Guidewire Software - software solutions for insurance companies, customization for AV policies

$FICO (+0,4%) Fair Isaac - Analytics & risk modeling, increasingly relevant for complex AV data

👉 Favorite: Verisk Analytics ($VRSK
)

Moat through exclusive data pools & analytics. Enabler for almost all insurers. Compounder character, as growing demand for data & models in new markets such as AVs.

Takeaway:

Autonomous driving shifts liability from the driver to the manufacturer or software provider. Insurers need to develop new products, reinsurers and data providers are becoming more important. Munich Re is protecting the industry, Lemonade is testing digital models and Verisk is providing the data intelligence without which no AV insurance can function. Investors will find silent but indispensable winners of the upheaval here.

🛡️ Security & Cybersecurity

Big players:

$PANW (+1,78%) Palo Alto Networks - market leader in network security, focus on cloud & IoT, relevant for connected vehicles

$CRWD (+8,13%) CrowdStrike ($CRWD) - endpoint security, strong platform for AV endpoints and fleets

$CHKP (+0,69%) Check Point ($CHKP) - Security appliances & firewalls, focus on embedded & IoT

$CSCO (+0,7%) Cisco Systems ($CSCO) - Network security + automotive infrastructure

👉 Favorite: Palo Alto Networks ($PANW (+1,78%)
)

moat due to the width of the platform, which extends from the data center to the vehicle. With the $CYBR (+1,79%) -integration, PANW has also covered the topic of identity security. Compounder properties through continuous expansion, high customer loyalty and a strong M&A strategy.

Hidden champions:

$CON (-21,94%) Argus Cyber Security (private, subsidiary of Continental) - specialized in automotive cybersecurity

$Upstream Security (private, Israel) - cloud-based cyber platform specifically for connected vehicles

Karamba Security (private, Israel) - embedded security for control units (ECUs)

$4704 (+2,01%) VicOne (subsidiary of Trend Micro) - AV-specific threat analysis

👉 Favorite: Argus Cyber Security (private, part of $CON (-21,94%)
Continental)

Pioneer in the automotive segment, deep integration in OEMs. Moat through early partnerships and specialization in vehicle architectures.

Shovel manufacturer:

$AKAM (+1,07%) Akamai - Content Delivery & Edge Security, relevant for OTA updates

$FTNT (+1,56%) Fortinet - Network & IoT security, broad base

$ZS Zscaler - cloud-native security for data traffic between AV & cloud

$NET (+3,58%) Cloudflare - infrastructure protection, DDoS protection for fleets & updates

$BB (+3,07%) BlackBerry QNX - Operating system & security framework for automotive

👉 Favorite: BlackBerry ($BB (+3,07%)
)

Moat by QNX, which is already running in millions of vehicles. Strong lock-in with OEMs. Compounder potential if QNX continues to scale as a security operating system for AV architectures.

Takeaway:

Cybersecurity is the nervous system of autonomous driving. Without secure communication, OTA updates and fleet protection, AV is inconceivable. Palo Alto Networks provides the necessary breadth and depth, Argus secures the vehicles themselves, and BlackBerry QNX provides the foundation in the control units. Investors are relying on the invisible gatekeepers of tomorrow's mobility.

⚡ Energy & infrastructure

Big player:

$EBK (-0,88%) EnBW - operator of charging infrastructure in Germany, expansion of fast-charging parks

$SHEL (+0,04%) Shell - massive entry into e-mobility & charging infrastructure, partnerships with OEMs

$BP (+0,69%) BP - charging and energy infrastructure via bp pulse, global rollout

$TSLA (+0,1%) Tesla ($TSLA) - Supercharger network as AV backbone, potential licensing model

👉 Favorite: Tesla ($TSLA (+0,1%)
)

Moat due to world's largest fast charging network with high availability & own software integration. Compounder, as Supercharger can grow as a service independently of the OEM.

Hidden champions:

$Ionity (private, joint venture of BMW, Mercedes, Ford, VW, Hyundai) - Europe's premium charging network 👉 Access via OEMs such as BMW or Mercedes

$ALLG Allego - listed charging infrastructure operator, focus on Europe

$FAST (+1,63%) Fastned (FAST.AS) - fast charging network in Europe, rapidly growing

$DCFC Tritium DCFC - manufacturer of fast charging stations, globally active

👉 Favorite: Fastned ($FAST (+1,63%)
)

Clear business model as a pure fast-charging operator, strong moat through premium locations & brand perception. Compounder potential via expansion in Europe.

Shovel manufacturer:

$ABBN (+0,87%) ABB - leader in charging hardware & power grid infrastructure

$ENR (+3,38%) Siemens Energy - grid infrastructure & charging hardware, important supplier for energy transition + AV

$SU (+2,28%) Schneider Electric - power distribution, smart grids for charging infrastructure

$6594 (+0,79%) Nidec - motors & drives for e-mobility

$ETN (+2,55%) Eaton - Energy management & charging infrastructure components

👉 Favorite: ABB ($ABBN (+0,87%)
)

Broadly positioned from fast charging hardware to grid technology. Moat due to market leadership & long-standing customer base. Compounder, as electromobility + AV will bring growth for decades.

Takeaway:

Autonomous vehicles don't just need software, they need a reliable charging and energy base. Tesla is securing a massive advantage with its Supercharger network, while hidden champions such as Fastned are setting the pace in Europe. On the shovel side, ABB dominates with its global infrastructure expertise. Investors should not underestimate this sector, as no AV will drive without energy.

🏙️ Mobility services & platforms

Big players:

$UBER (+1,53%) Uber Technologies - ride-hailing, partnerships with AV start-ups (Momenta), robotaxi plans in Munich

$LYFT (-1,58%) Lyft - ride-hailing, own AV programs, cooperations with Aptiv & Motional

$DIDIY (-0,43%) Didi Global - largest ride-hailing network in China, AV research on Didi Autonomous Driving

$9888 (-1,5%) Baidu Apollo - robotaxi operator in China, leading with Apollo Go

$AMZN (+0,84%) Amazon / Zoox - fully autonomous robotaxi, integration into Amazon ecosystem

👉 Favorite: Baidu Apollo ($9888 (-1,5%)
HK, China, HKEX)

Moat through network effects in the world's largest mobility market. Apollo Go has already completed hundreds of thousands of robotaxi journeys. Compounder potential as China aggressively promotes AV.

Hidden champions:

$Momenta (private, China) - L4 autonomy software, partnerships with Mercedes & Toyota, based in Suzhou, China

👉 Access indirectly via investors such as $7203 (+0,22%) Toyota or Mercedes $MBG (+1,26%)

$Motional (joint venture Hyundai & Aptiv, private, USA/South Korea) - Robotaxi tests in the USA

👉 Access via $Hyundai or $APTV (+1,77%) Aptiv

$WeRide (private, China) - Robotaxi & AV bus solutions, based in Guangzhou, China

👉 Investors: Renault-Nissan-Mitsubishi Alliance

$Cruise (private, USA) - GM subsidiary for robotaxis, based in San Francisco

👉 Access via $GM (+0,93%) General Motors

👉 Favorite: Motional (private, USA/South Korea)

Strong moat through OEM partnerships (Hyundai + Aptiv). Realistic scaling through series integration, compounder potential via global fleet integration.

Shovel manufacturer:

$HTZ (+6,82%) Hertz Global - fleet management, integration of AVs in rental fleets

$SIX2 (+1,63%) Sixt SE - Car sharing & fleet leasing, focus on Europe

$R (+1,28%) Ryder System ($R, USA, NYSE) - fleet services & leasing, AV test integration

$GRAB (+4,33%) Grab Holdings ($GRAB, Singapore, Nasdaq) - Southeast Asian ride-hailing market leader, entry into AV services

$Ola Cabs (private, India) - AV pilot projects in India

👉 Favorite: Sixt SE ($SIX2 (+1,63%)
.DE, Germany, Xetra)

Moat due to premium positioning in Europe, flexible business model (rental, leasing, car sharing). Compounder, as Sixt invests early in fleet integration of AVs and benefits from growing Mobility-as-a-Service market.

Takeaway:

Mobility services are the interface to the end customer. This is where it will be decided whether AVs remain just technology or break through to the mass market. Baidu dominates in China, Motional scores with strong partners in the West, and Sixt provides the platform to bring scalable AVs into everyday life in Europe. Investors who get in early will secure access to the future platform monopolies of mobility.

🔋 Battery & drive

Big player:

$300750 CATL - world market leader for battery cells, supplies almost all major OEMs

$373220 LG Energy Solution - global player, supplier for Tesla, Hyundai, GM

$6752 (+2,72%) Panasonic Holdings - long-standing partner of Tesla, strong in energy storage

$1211 (+0,63%) BYD - integrates battery production and vehicles, pioneer in blade batteries

👉 Favorite: CATL ($300750
SZ, China, Shenzhen)

Moat due to technological leadership and economies of scale, supplies almost all global OEMs. Classic compounder, as batteries are at the heart of every AV fleet.

Hidden champions:

$Northvolt (private, Sweden) - European battery startup, sustainable production, supplies VW and BMW 👉 Access indirectly via VW ($VOW3 (-1,69%) DE, Germany, Xetra) or BMW ($BMW (+0,4%) DE, Germany, Xetra)

$SLDP Solid Power - specialist for solid-state batteries, partnerships with Ford and BMW

$ProLogium (private, Taiwan) - solid-state batteries, pilot projects with Mercedes👉 Access indirectly via Mercedes-Benz Group ($MBG (+1,26%) DE, Germany, Xetra)

$QS QuantumScape ($QS, USA, NYSE) - solid-state batteries, strong focus on future technology

$MOD (+3,97%) Modine Manufacturing (USA, NYSE) - Thermal management for batteries, e-motors and power electronics. Critical for range and safety.

$KULR (+0,26%) Technology (USA, NYSE) - specializes in battery cooling, energy storage and recycling. Still small, but focus on safety makes it interesting in the AV context.

$ZIL2 (-0,27%) ElringKlinger (DE, Germany, Xetra) - supplier of battery packs, housings, seals and fuel cell technology. Supports OEMs in electrification and alternative drive systems.

👉 Favorite: Solid Power ($SLDP
USA, Nasdaq)

Technology leader in solid-state batteries with strong OEM partnerships. Moat through patents and early market entries. Compounder potential through commercialization from 2027+.

Blade manufacturer:

$6594 (+0,79%) Nidec (JP) - leader in electric motors for EVs and AVs

$IFX (+3,11%) Infineon Technologies (DE) - semiconductors for power electronics and battery management

$300450 Wuxi Lead Intelligent (China, Shenzhen) - machines for battery production

$UMI (+0,96%) Umicore (Belgium, Euronext) - cathode materials and recycling

$ALB (+0,92%) Albemarle (USA, NYSE) - Lithium mining and processing

👉 Favorite: Infineon Technologies ($IFX (+3,11%)
DE, Germany, Xetra)

Moat due to market leadership in power electronics, deeply integrated in battery and drive systems. Compounder potential due to growing demand for silicon carbide (SiC) chips for EV and AV applications.

Takeaway:

Battery and drive are the foundation of autonomy. Without powerful energy storage, reliable electric motors and robust power electronics, no autonomous vehicle can be operated economically. CATL dominates cell production, Solid Power is a promise of the future in solid state technology, and Infineon supplies the critical power electronics. Investors who neglect this sector are ignoring the heart of autonomous driving.

🗺️ Maps & Mapping

Big players:

$GOOGL (+0,54%) Alphabet / Waymo (USA, Nasdaq) - HD maps for robotaxis, combined with AI-supported real-time navigation

$9888 (-1,5%) Baidu Apollo (China, HKEX) - leader in AV mapping in China, integrated into Apollo Go

$HERE Technologies (private, based in NL/DE, owners: Audi, BMW, Mercedes and others) - global provider of HD maps, industry standard for many OEMs

$TOM2 (+1,37%) TomTom (Netherlands, Euronext) - specialized in HD maps for AVs, partner of Volvo and Bosch

👉 Favorite: HERE Technologies (private, access via OEMs Audi, BMW, Mercedes)

Moat through global map databases, OEM consortium as backing. Compounder potential, as almost all autonomous vehicles rely on HD maps.

Hidden champions:

$002405 Navinfo Co. Ltd, (China, Shenzhen) - market leader for digital maps in China, partnerships with OEMs - unfortunately not tradable in the EU

$Civil Maps (private, USA) - specialized in AI-supported HD mapping for AVs

$DeepMap (private, USA, acquired by $NVDA (+3,59%) Nvidia) - high-precision mapping, integration with Nvidia Drive

$Mapbox (private, USA) - cloud-based mapping platform, strong in the developer ecosystem

👉 Favorite: NavInfo ($002405
SZ, China, Shenzhen)

Dominance in the Chinese market, regulatory anchoring and partnerships with major OEMs. Moat through market access in China, compounder potential through data growth.

Shovel manufacturer:

$PL Planet Labs (USA, NYSE) - daily earth observation data, basis for dynamic mapping

$HEXA B (+2,81%) Hexagon AB (Sweden, Nasdaq Stockholm) - measurement technology and geodata solutions

$TRMB (+2,27%) Trimble (USA, Nasdaq) - positioning and geospatial data for AV and industrial applications

👉 Favorite: Hexagon AB ($HEXA B (+2,81%)
Sweden, Nasdaq Stockholm)

Moat due to decades of experience in geodata and measurement technology, strong market position in industry and automotive. Compounder potential, as mapping and positioning are indispensable for all AV applications.

Takeaway:

High-precision maps are the nervous system of autonomous driving. Without continuously updated HD maps, vehicles cannot navigate safely. HERE secures a key role through OEM stakes, NavInfo dominates the Chinese market, and Hexagon provides the geospatial bucket technology. Investors should not overlook this sector, as mapping is the invisible foundation on which autonomy works.

Sources: own research, https://www.t-online.de/mobilitaet/aktuelles/id_100901210/iaa-mobility-muenchen-2025-alle-neuheiten-von-audi-bmw-vw-opel.html

Images: https://www.deraktionaer.de/artikel/mobilitaet-oel-energie/robotaxis-das-milliardenrennen-der-autonomen-autos-20381083.html

https://insideevs.de/features/763886/vorschau-iaa-2025-neuheiten-2026/

$CON (-21,94%) Can someone please explain exactly when the spin-off is and by when you have to have the shares in your securities account in order to receive the new ones? Thank you very much.

Total of 104% tariffs for China + Infineon buys + Stada postpones IPO + Redcare wants to issue new convertible bonds + Continental wants to become a pure tire manufacturer again

Total tariffs announced for China now amount to 104 percent

• In addition to the particularly high general special tariffs for China, US President Donald Trump has also ordered tariffs of 90 percent on low-value goods from the country - a tripling of the previously planned duties for these items.
• This is the result of a decree that the Republican signed on Tuesday evening (local time).
• Originally, Trump wanted to impose a 30 percent tariff on goods with a value of less than 800 dollars (around 724 euros) from May 2.
• Until now, such goods were exempt from tariffs.
• Thanks to this rule, Chinese online retailers such as Temu and Shein delivered their products to the USA on a large scale.
• In the decree, the President also enshrined the previously announced particularly high US special tariffs for China.
• He thus replaced the initially planned additional 34% with tariffs of 84%.
• This was Trump's response to the counter-tariffs of 34% announced by Beijing.
• The USA had initially imposed additional tariffs of 20 percent on goods from China since January.
• The total tariffs announced for China now amount to 104 percent.

Infineon $IFX (+3,11%)buys more

• Following the 2.5 billion dollar takeover of Marvell Technology's automotive Ethernet business, Infineon shares rose by 0.8 percent.
• The takeover offers Infineon the opportunity to expand its technology platform, wrote ING analyst Jan Frederik Slijkerman.
• In addition, the acquisition enables the semiconductor company to enter the automotive segment, offering higher value-added products while strengthening its platform.
• However, the transaction comes with a high price tag, he added.

Stada postpones IPO

• Stada
  is postponing its planned IPO on the Frankfurt Stock Exchange.
• The pharmaceutical manufacturer cited the current market volatility, US tariffs and geopolitical uncertainties as reasons for the postponement.
• A new date for an IPO is currently being examined.

Online pharmacy Redcare $RDC (+2,28%)wants to issue new convertible bonds

• The online pharmacy Redcare wants to issue new convertible bonds and buy back old securities.
• The new bonds are to be sold in the amount of 300 million for a term of 7 years, as the company announced on Tuesday after the close of trading in Sevenum, the Netherlands.
• They will carry a coupon interest rate of 1.75 to 2.25 percent and the conversion premium is expected to be between 40 and 45 percent.
• The results of the allocation are expected to be announced on the same day.
• At the same time, Redcare (Shop Apotheke Europe) intends to buy back outstanding convertible bonds for 225 million euros, which mature in 2028 and have a coupon of 0 percent.
• The proceeds of the new issue are to be used for this and for "general corporate purposes".
• The news was not well received on the stock exchange.

Continental $CON (-21,94%)wants to become a pure tire manufacturer again

• The automotive supplier and tire manufacturer Continental, which is about to be split up, now also wants to separate from its plastics technology division Contitech.
• In a fundamental decision, the Executive Board has decided to make the Contitech division independent, the company announced.
• The exact details will be decided at a later date.
• As things stand, Continental considers the sale of Contitech to be the most likely option.
• Continental is already planning the spin-off of its automotive supplier division, which is to be listed on the stock exchange as an independent company.
• If the shareholders give their approval at the end of April, the IPO of the division will take place under a new name in September.
• A possible sale of Conntitech should only take place afterwards, it was said.
• Only the traditional tire business is to remain with Conti after the sale.
• The supplier will thus once again become a "focused global tire company", according to the press release.

Wednesday: Stock market dates, economic data, quarterly figures

• ex-dividend of individual stocks
• Vestas Wind Systems DKK 0.55
• Gap USD 0.17

• Quarterly figures / company dates USA / Asia
• 16:00 Spotify AGM

• Quarterly figures / company dates Europe
• 08:00 Leifheit Annual Report
• 10:00 Deutsche Telekom AGM
• 10:30 BNP Paribas Extraordinary General Meeting
• 11:00 Volkswagen 1Q sales figures | Telefonica AGM
• 14:15 Zurich Insurance AGM
• 18:30 Porsche AG Pre-Close Call 1Q

• Economic data

08:00 DE: Truck Toll Performance Index March

14:30 NL: ECB Director Cipollone, participation in panel on "Macro-financial stability policy in a fragmented world"

15:00 EU: ECB, APP/PEPP monthly report

16:00 US: US Trade Representative Greer, Congressional Hearing on "The Trump Administration's 2025 Trade Policy Agenda"

16:30 US: Crude oil inventory data (previous week) from the government Energy Information Administration (EIA)

17:00 US: Richmond Fed President Barkin, speech at Economic Club of Washington event

20:00 US: Minutes of FOMC meeting on 3/18/19 and economic forecast

No time given: US: "Reciprocal" US import tariffs come into force

As every Sunday, the most important news from the past week, as well as the most important dates for the coming week.

Also as a video:

https://youtube.com/shorts/qddXVLwZJxA?si=fuYDrtqdo6eoQnvb

Monday:

After various announcements, China is apparently getting serious and actually changing its monetary policy, for the first time in 14 years. The central bank is to pursue a looser monetary policy, meaning interest rate cuts to stimulate the economy. Stocks in China and luxury companies are also benefiting from the news.

https://www.handelsblatt.com/finanzen/geldpolitik/geldpolitik-china-lockert-seine-geldpolitik-und-will-konsum-ankurbeln/100093699.html

$CON (-21,94%) Continental is following the path of many suppliers. The tire business (which has a promising future) is being spun off from the traditional supplier business. In this way, Continental is ensuring that the company will survive the end of the combustion engine.

https://www.handelsblatt.com/unternehmen/industrie/autozulieferer-continental-vorstand-beschliesst-abspaltung-des-zulieferergeschaefts/100093743.html

Tuesday:

The company $TMV (+2,46%) Teamviewer is under pressure following the purchase of London-based software specialists 1E. Teamviewer is buying 1E for around 720 million euros, which would be the largest acquisition in the history of the Göppingen-based company. Products from 1E can probably detect and rectify software problems at an early stage. Well-known customers include Adidas, Nike and AT&T.

https://m.focus.de/finanzen/boerse/software-konzern-expandiert-teamviewer-uebernimmt-softwarefirma-1e_id_260549204.html

Inflation in Germany remains above the ECB's 2% target for the time being. According to the HICP, inflation in November was 2.2% compared to the previous year.

https://www.handelsblatt.com/politik/konjunktur/teuerungsrate-inflation-wieder-ueber-zwei-prozent-marke/100093884.html

Wednesday:

$ZAL (+5,47%) Zalando buys its direct competitor $YOU (-0,22%) About You for 1.1 billion euros. The reason for the consolidation is the growing competition from China, e.g. Shein and Temu. Zalando pays a hefty premium of 65% on the last stock market price.

https://www.handelsblatt.com/unternehmen/handel-konsumgueter/zalando-moderiese-kauft-konkurrenten-about-you-von-otto-gruppe/100094079.html

The Bank of Canada cuts its key interest rate by half a percentage point. This major cut in the prime rate was expected by most experts. The reason for this was poor labor market

https://www.bnnbloomberg.ca/business/economics/1970/01/01/bank-of-canada-cuts-key-interest-rate-by-50-bps-to-325/

Thursday:

The Kiel Institute for the World Economy also expects 0% growth in Germany in 2025. Stefan Kooth, economist and Head of the Forecasting Center at the IfW, is calling for a move away from interventionism in economic policy and for better framework conditions instead. In this context, he takes a positive view of the idea of more Musk and Milei.

https://www.handelsblatt.com/politik/konjunktur/stefan-kooths-solche-werte-sehen-wir-sonst-nur-bei-massiven-schocks/100093744.html

The ECB cuts the deposit rate again to 3.0%. This is the fourth rate cut we have seen this year.

https://www.n-tv.de/wirtschaft/EZB-schraubt-Zinsen-weiter-nach-unten-article25428364.html

Most important dates in the coming week:

Monday: 9:30 Purchasing Managers' Index (DE)

Wednesday: 20:00 Interest rate decision (USA)

Thursday: 14:30 Economic data (USA)

What other important dates can you think of?

#index
#usa
#fed
#zinsen

10.10.2024

Ministry of Justice considers splitting up Google + Varta in rally mode due to contract with Porsche for lithium cells + Deutsche Telekom wants to pay out more money and buy back its own shares + Bayer very weak + Continental very firm

In August, an American federal court ruled that Google $GOOGL (+0,54%) used illegal methods to maintain its monopoly in the online search sector. The consequences of the decision are now under discussion. The US Federal Department of Justice is continuing to discuss a split-up.

https://www.computerbase.de/news/netzpolitik/kartellklage-in-den-usa-justizministerium-erwaegt-aufspaltung-von-google.89908/

The recovery rally that began the previous day at Varta $VAR1 continued on Wednesday due to encouraging news. The share price had already risen by more than 29 percent on Tuesday and now there was a further jump of 79 percent on Wednesday. Most recently, the shares of the battery manufacturer, which had got into difficulties, cost 3.40 euros. Varta had announced the signing of a contract with the sports car manufacturer Porsche AG $P911 (+0,11%) regarding an investment in the field of large-format lithium-ion cells. According to a statement on Wednesday, the company agreed with its customer Porsche on a majority stake in the Varta subsidiary V4Drive Battery GmbH. A capital increase is to be carried out at the subsidiary in order to implement the investment. Varta had already announced on Monday that key agreements had been concluded with financiers and investors, marking a further milestone in its restructuring concept. Short-term bridge financing was also announced on Monday.

The Deutsche Telekom $DTE (-0,05%) intends to pay out a higher dividend to its shareholders for the current year than expected. The payout is to rise from 77 cents in the previous year to 90 cents per share, the DAX-listed company announced before an investor event in Bonn on Thursday. Analysts had expected slightly less on average. The dividend proposal still has to be confirmed at the Annual General Meeting. Deutsche Telekom also announced share buybacks of up to two billion euros for 2025. The Board of Management will then present its targets for the coming years on Thursday and Friday.

Bayer $BAYN (+0,66%) fell by 6.8 percent following a decision by the Supreme Court in the US state of Washington to reopen a lawsuit concerning the long-term health effects of the chemical PCB. Bayer had received a favorable decision in the lower court as recently as May, when an appeals court overturned a first-instance decision due to errors. Compensatory and punitive damages totaling USD 185 million, which three teachers at a school in the greater Seattle area had won before a jury in 2021, were awarded.

Continental $CON (-21,94%) on the other hand, gained 7.2 percent. The automotive supplier is likely to achieve the majority of the positive effects from outstanding price negotiations in the third quarter, as it told analysts. "The statements are being interpreted to mean that the third quarter went somewhat better than feared," said one market participant.

Thursday: Stock market dates, economic data, quarterly figures

ex-dividend of individual stocks

AT&T USD 0.28

Oracle 0.40 USD

Verizon Communications USD 0.68

Quarterly figures / company dates USA / Asia

Untimed: Tesla: Presentation of Tesla's Robotaxi announced

Quarterly figures / company dates Europe

07:00 Deutsche Telekom | Gerresheimer | Südzucker quarterly figures | Givaudan sales 9 months

07:30 About You result 1H

09:30 Mercedes-Benz sales figures 3Q | Deutsche Pfandbriefbank PK for Capital Markets Day

10:00 BMW sales figures 3Q

No time specified: Deutsche Telekom Capital Markets Day

Economic data

• 01:50 JP: Producer prices 9/24
• 08:00 DE: Retail sales August
• 13:30 EU: ECB, minutes of the September 11/12 Governing Council meeting
• 14:30 US: Initial Jobless Claims (week) FORECAST: 230,000 previous: 225,000 | Real Income September
• 14:30 US: Consumer Prices September PROGNOSE: +0.1% yoy/+2.3% yoy previous: +0.2% yoy/+2.5% yoy Core rate PROGNOSE: +0.2% yoy/+3.2% yoy previous: +0.3% yoy/+3.2% yoy

$CON (-21,94%) Take the right step and to our blessing we can only hope that other German companies will do the same. Information from today's presentation.

Stock analysis/Share presentation ⬇️

Today we are talking about the company Continental: $CON (-21,94%)

What is and does Continental anyway 🤔

Continental is a leading German company in the automotive industry. They develop and produce tires, brakes, drive systems and other vehicle components. They are also active in the fields of electromobility, autonomous driving, and vehicle safety. Continental is known worldwide for their innovative technology and high-quality products.

How many employees does the company have: 🙋🏽‍♂️🙋🏻‍♀️

Continental currently employs a total of around 240,000 people.

Market capitalization: 🏦

Continental currently has a market capitalization of around €13.2 billion.

Dividend yield: 💰

The company currently pays its shareholders a dividend of 2.27%. The dividend will be paid to shareholders in May.

Strengths of the share: 📈

Some of Contintal's strengths are:

• Innovation leadership: Continental is known for its continuous development and introduction of innovative technologies in the automotive industry.
• Broad product portfolio: The company offers a wide range of products, including tires, brakes, powertrain systems, driver assistance systems and more.
• Worldwide presence: Continental operates globally and has locations all over the world, which enables them to serve customers in different markets.
• Sustainability: The company is committed to sustainability and develops environmentally friendly solutions, such as low rolling resistance tires and electric mobility technologies.
• Research and development expertise: Continental invests heavily in research and development to develop innovative solutions for the mobility of the future.
• Strong customer relationships: The company maintains close relationships with leading automakers and is a preferred supplier to many of them.

Weaknesses of the share: 📉

Some of Continental's weaknesses are:

• Dependence on the automotive industry: as Continental is mainly active in the automotive sector, the company is highly dependent on the fluctuations in this sector.
• Challenges of electromobility: The transition to electromobility poses a challenge as the demand for certain components, such as combustion engines, may change.
• Competitive pressure: Continental faces a highly competitive market environment and competes with other large companies in the automotive supply industry.
• Dependence on raw material prices: Fluctuations in raw material prices, especially of rubber and metals, may have an impact on Continental's costs and profitability.
• Regulatory challenges: The company has to deal with various regulations and rules in the different countries in which it operates.

A little more about the business model: ⬇️

Continental's business model is very diverse and covers various areas in the automotive industry. The company is one of the world's leading automotive suppliers and develops, produces and sells a wide range of products and solutions for vehicles. A central part of Continental's business model is the development and production of vehicle components such as tires, brakes, drive systems, electronics and sensor technology. Continental is known for its high-quality tires and supplies both the original equipment market and the aftermarket. The company is also a major supplier of brakes and drive systems for vehicles. In addition, electronics play a crucial role in Continental's business model. The company develops and produces innovative electronics solutions for various applications in vehicles, such as infotainment systems, driver assistance systems and vehicle networking. These technologies help to improve the safety, comfort and efficiency of vehicles. Another important area in Continental's business model is software development. The company invests heavily in the development of software solutions for connected vehicles and autonomous driving. Continental is working to develop advanced driver assistance systems and autonomous driving functions to shape the mobility of the future. In addition to the development and production of vehicle components, electronics and software, Continental also offers various services. For example, the company operates an extensive network of workshops and service centers to support customers in the maintenance and repair of vehicles. Continental's business model is based on innovation, quality and customer proximity. The company continuously invests in research and development to develop innovative solutions for the constantly changing requirements of the automotive industry.

When and where Continental was founded 🤔

Continental was founded in Hanover, Germany, in 1871. The company started as a pure rubber factory and has developed over time into a leading global technology company for the automotive industry. Today, Continental is a global player with locations in over 60 countries. The company is known for its innovative solutions in the fields of tires, vehicle electronics, drive systems and intelligent mobility. Continental has a long tradition in the development of pioneering technologies and makes a significant contribution to the progress of mobility.

Continental's goal: 🏁

Continental is a leading technology provider for the mobility of the future. Continental's goal is to develop innovative solutions that improve the safety, efficiency and sustainability of vehicles. The company focuses on the development of intelligent tires, advanced driver assistance systems, and environmentally friendly drive technologies. Through its products and services, Continental helps to make mobility safer, more comfortable and more environmentally friendly.

Your opinion: 🤔🧐

Now I would like to hear your opinion about this stock in the comments.

What do you think of Continental and did you already know this company?

Do you have this stock in your portfolio?

Feel free to let me know in the comments.

Of course, this is not investment advice but just my own opinion that I would like to share with you.

getquin Daily Summary 09.08.2022

Hello getquin,

Very cool to see all your #sankey to see your money flows! Added nevertheless gladly the #sankey to your posts so that other users can find your posts better.🚀

Feel free to check out https://www.finanzfluss.de/rechner/flussdiagramm/ to create your Sankey diagram!

Europe🌍:

1. fintech Nuri is insolvent

The Berlin-based crypto bank has not received any new investments from backers. About 500,000 customers and total assets of about 500 million euros are affected. The fintech had been working hard to raise fresh capital in recent hours, but it is now clear: Berlin-based cryptobank Nuri is insolvent. The company announced the information on Tuesday afternoon.

Surprising news: https://bit.ly/3bK4zgP

America🌏:

2nd Devon Energy buys Validus for $1.8 billion

Shale oil producer Devon Energy (DVN.N) announced Tuesday that it will buy Validus Energy, an operator in the Eagle Ford Basin, for $1.8 billion.

The deal comes at a time when oil producers are benefiting massively from a surge in oil and gas prices as sanctions against major producer Russia following its invasion of Ukraine curb supply amid a rebound in demand.

Hedge fund Elliott Management invested in Validus last year to help the company acquire assets in Eagle Ford, Texas, from Ovintiv Inc for $880 million.

More on the deal: https://reut.rs/3QebOwr

🟩 $DVN (-0,43%) (🔼 +0,76%)

Special:🎤

3. Serena Williams announces her retirement from tennis

Tennis legend Serena Williams announced her retirement in a Vogue article published Tuesday. "I've never liked the word retirement," Williams wrote. "Perhaps the best word to describe what I'm about to do is evolution. I'm here to tell you that I'm evolving away from tennis and toward other things that are important to me."

Williams, who turns 41 next month, has 73 singles titles, 23 doubles titles and more than $94 million in winnings in her career.

Do you follow tennis? https://cnb.cx/3QqkShm

• Domino's Pizza announces withdrawal from Italy

• Warren Buffet's Berkshire Hathaway now owns more than 20% of Occidental (exploration and production of oil and natural gas)

Quarterly figures:

🚘Continental $CON (-21,94%)

Continental AG on Tuesday reported second-quarter figures that missed analysts' forecasts and sales that exceeded expectations. Shares of the automotive supplier are down 27% year-to-date, trading at €67.11, below their 52-week high, and underperforming the DAX, which is down 14.84% so far this year.

EPS: 🟥 € 1.24 expected vs € -1.26 published; Difference: -201.69 %

⛴ Norwegian Cruise Line $NCLH (+1,6%)

EPS: 🟥 -0.86 $ expected vs -1.14 $ published

Sales: 🟥 Missed by $1.2 billion

Stocks of the day:

🟩 TOP. $NLSN 27,00 € (🔼 +20,54%)

➡️ Market research company

👍 Dividend payout

🟥 FLOP $HKD 276 $ (🔽 -31,85%)

➡️ software solutions provider

👎 Volatile share

🟥 Most searched $NVDA (+3,59%) , 167,68 (🔽 -3,94%)

🟥 Most traded $BBBY , 9,92 (🔽 -18,1%)

🟥 S&P500, 4,120.63 (🔽 -0.47%)

🟥 DAX, 13,566.04 (🔽 -0.86%)

🟥 bitcoin ₿, 22,601.84 (🔽 -3.23%)

Time: 17:00 CEST

Fun Fact:

Did you know that 65% of the autobahns in Germany have no speed limit?