The sensible use of saved capital in retirement requires good planning. Especially if you want money to flow out of it regularly to secure or sweeten the third stage of your life.

Financial brokers then like to offer pension insurance based on a single payment, often called an immediate annuity.

With a normal life expectancy, the return is usually not generous because insurers usually invest very conservatively. In addition, the costs and profit margins of the insurance company further reduce the return. Consumer advocates point out that you usually have to live to be 94 years or older before you receive the investment sum back via guaranteed pensions.

It is often more profitable to park the money in a call money account.

Investments with regular distributions are an alternative. Investors are spoiled for choice between several thousand dividend-paying equity funds.

What are the relevant selection criteria? Quality and cost structure.

For some, the level of distributions may also be an important criterion in the selection process. But caution is advised here: For example, the payout ratio of the Global X Super Dividend ETF $SDIP (-0,68%) is currently over nine percent. With an investment sum of 100,000 euros, this results in a monthly inflow of around 750 euros before tax.

This is possible because the ETF invests stubbornly in the 100 companies with the highest dividends worldwide, but without any consideration of the sustainability of these distributions and the quality of the companies.

This in turn means that, without the dividends, the ETF generated a return of zero over one year and even minus 14% over three years. Investors therefore received high regular payouts, but the investment capital decreased significantly at the same time.

Savers should therefore always pay attention to how the ETF invests. There are various positive counter-examples, such as the Invesco Euro Stoxx High Dividend Low Volatility ETF $EUHD (-0,11%). Although this also focuses on high-dividend companies, it also selects according to qualitative criteria. Result: Although the payout ratio is currently "only" 5.1% per year, this amounts to around EUR 425 per month before tax for an investment sum of EUR 100,000.

However, the ETF has also achieved growth of almost 36% over the past three years, and including distributions, the gain was even over 60%. There are similarly good ETFs for various other investment regions or sectors.

Bond ETFs, on the other hand, are rarely a real alternative for private investors. Although distribution rates of four or five percent can be achieved, this is ultimately only possible with high-risk bonds or US securities with a corresponding currency risk. In addition, a positive return can rarely be achieved over and above the distribution.

A (possibly riskier) alternative is to invest in individual shares with high dividends. However, quality is even more important here. "We value companies with a strong balance sheet that are characterized by a high equity ratio and above-average returns on capital and sales," says Franz Kaim from Kidron Vermögensverwaltung in Stuttgart.

Continuity is also important. "The so-called dividend aristocrats are the gold standard for income-oriented investors," says Rainer Laborenz, Managing Partner of Azemos Vermögensverwaltung in Offenburg. "Companies that have increased their dividends for at least 25 consecutive years are included in this select group."

There are currently around 150 dividend aristocrats worldwide, 117 of which are from the USA and 33 from the rest of the world. The best-known names include Coca-Cola $KO (-0,89%)Procter & Gamble $PG (-1,27%) and Johnson & Johnson $JNJ (-0,56%) from the USA, Fresenius from Germany $FRE (-0,62%) and Unilever $ULVR (+1,02%) from Great Britain.

Other attractive dividend stocks recommended in a WELT survey of ten leading asset managers in Germany include Allianz $ALV (+0,18%)BASF $BAS (+1,5%)Beiersdorf $BEI (+0,2%)Deutsche Post $DHL (-0,36%) and Munich Re $MUV2 (-0,58%).

In other European countries, they rely on BAT $BATS (-1,51%), BP $BP. (-2,9%), Nestlé $NESN (-0,88%), NN Group $NN (-1,09%)Shell $SHEL (-1,62%) and Swiss Life $SLHN (+0,52%).

In the USA, names such as Altria $MO (-0,59%), Chevron $CVX (-1,27%)Cisco $CSCO (+0,36%), Coca-Cola, Kimberly-Clark $KMB (-1,8%) , McDonald's $MCD (+1,17%) or Pepsi $PEP (-1,17%).

Source: Text (excerpt) & table: Welt, 05.12.25

📈 Performance:

S&P500: -0.48%

MSCI World: -0.59%

DAX: -0.51%

Dividend portfolio: +2.91%

My high and low performers in November were (top/flop 3):

🟢 ($LLY (-0,33%) ) Eli Lilly +24.74%

🟢 ($BATS (-1,51%) ) British American Tobacco +13.36%

🟢 ($DHL (-0,36%) ) Deutsche Post +12.64%

🔴 ($TSLA (+0,26%) ) Tesla -6.57%

🔴 ($HD (+1,2%) ) Home Depot -7.61%

🔴 ($LMT (+0,55%) ) Lockheed Martin -16.76%

Dividends:

November 2025: €145.50 + €13.50 gross (Petroleo Brasileiro $PETR4 (-3,68%) )

November 2024: € 129.78

Change: +12.11%

Sales:

🟥 None

Purchases:

🟩 ($ULVR (+1,02%) ) Unilever (6 pcs.)

Savings plans:

($CTAS (+1,31%) ) Cintas (50€)

($MC (-0,7%) ) LVMH (50€)

($MSFT (+0,36%) ) Microsoft (25€)

What else has happened?

November was also very quiet. Three weeks of vacation were planned, two of which are already over. I did a few things in and around the house, but otherwise did a lot of nothing and relaxed in preparation for Christmas.

🥅 Goals for 2025:

Deposit of €10,000 and thus a deposit volume in the share portfolio of ~€73,000

Target achievement at the end of October 2025: 82.35%

So I won't reach my personal target. However, a small consolation for me: I will achieve my own and rather unofficial target of € 2400 net dividend.

If you liked the report and would like to read more, feel free to follow me,

If you're not interested, you can keep scrolling or use the block function.

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/nTIkjeQ1GYs?si=Q03PAjSQHlDGM7KJ

Monday:

The industrial data from the USA is unexpectedly poor. The PMI falls to 48.7 points after 49.1 points in September. Economists had expected an increase to 49.5 points.

https://www.handelsblatt.com/finanzen/maerkte/marktberichte/dow-jones-sp-500-nasdaq-us-boersen-uneinheitlich-industriedaten-unerwartet-schlecht/100170951.html

Tuesday:

The fashion company $BOSS (+0,43%) HUGO BOSS recorded a 4% drop in sales in the third quarter. At the same time, EBIT stagnated at 95 million euros. By increasing efficiency, the company was able to maintain earnings despite the decline in sales. The company plans to achieve its annual targets for the 4th quarter with price increases. Annual sales are expected to fall slightly to 4.2 billion euros, compared to 4.3 billion euros in the previous year.

https://www.handelsblatt.com/unternehmen/handel-konsumgueter/mode-hugo-boss-wird-profitabler-aktie-legt-deutlich-zu/100171205.html

Thursday:

Similar to HUGO BOSS, the situation at $DHL (-0,36%) DHL. Sales are falling, but profits are actually rising. Sales fell by 2.3% to 20.1 billion euros in the third quarter. EBIT rose by 7.6% to 1.477 billion euros.

https://www.n-tv.de/wirtschaft/DHL-trotzt-sinkendem-Umsatz-mit-steigendem-Gewinn-article26144050.html

Friday:

The US shutdown is having a surprisingly negative impact on consumer sentiment in the US. The barometer of the University of Michigan fell to 50.3 points from 53.6 points.

https://www.handelsblatt.com/politik/konjunktur/shutdown-folge-us-konsumklima-truebt-sich-deutlich-staerker-ein-als-erwartet/100172484.html

These are the most important dates for the coming week:

Monday: 10:30 Sentix Investor Confidence (EUR)

Thursday: 14:30 Inflation data (USA)

Friday: 14:30 Producer prices (USA)

Can you think of any other dates?

#sentix
#inflation
#supremecourt
#usa
#erzeugerpreise

$DHL (-0,36%)

Sale

The share makes these jumps above 40 euros several times.

Target +10% (possibly DIVIDENDE in top if there is holding time)

Buy Again below 38 euros.

Deutsche Post AG (ETR:DPW), which operates under the name DHL Group, presented its results for the third quarter of 2025 on November 6.

Despite declining revenues, the company reported strong profit growth and exceptional cash flow.

The company's shares rose 5.25% after the announcement as investors reacted positively to its effective cost management and strategic growth initiatives.

Quarterly performance highlights DHL Group recorded a 2.3% decline in revenue in the third quarter of 2025

compared to the previous year to

20,128 million euros. This decline was mainly due to the overall economic situation and currency effects. Despite this decline in sales, the company achieved an increase in the operating result (EBIT) of

8 % to 1,477 million euros, or growth of 10 % excluding special effects.

The company's diversified business model proved resilient, with most business areas contributing to profit growth.

$DHL (-0,36%)

DHL Group once again increased its earnings in the third quarter of 2025 despite a challenging market environment. While revenue fell by 2.3% to EUR 20.1 billion (Q3 2024: EUR 20.6 billion) due to currency effects and weaker volumes on key trade lanes, the Group increased its operating result (EBIT) by 7.6% to EUR 1.5 billion. The EBIT margin improved to 7.3% (Q3 2024: 6.7%).

Free cash flow (excluding M&A) rose significantly to EUR 1.2 billion - an increase of around 81% compared to the previous year. Consolidated profit rose to 840 million euros (+11.9%), while earnings per share increased to 0.75 euros (+15.6%).

CEO Tobias Meyer explained:

"Despite the volatile environment, we were able to improve our result for four quarters in a row. We are well prepared for the seasonally strong year-end business."

Efficiency, investments and resilience as success factors

DHL Group benefited from consistent capacity management, structural cost reductions and price adjustments in the third quarter. In particular, the "Fit for Growth" programme and the digitalization offensive - such as the use of AI agents, robotics and the expansion of the Packstation network - increased efficiency.

Investments amounted to 632 million euros (-8.4% compared to the previous year) and focused on growth areas such as Asia, the Middle East, Africa and Life Sciences & Healthcare Logistics (LSH). DHL strengthened its position in the pharmaceutical logistics market with the acquisition of SDS Rx (USA).

CFO Melanie Kreis emphasized:

"We have further improved our EBIT margin and achieved a strong free cash flow. This shows the effectiveness of our earnings and capital efficiency measures."

Outlook: Annual forecast confirmed

Despite global uncertainties, DHL Group is sticking to its forecast. For the full year 2025, the Group expects:

• EBIT of at least EUR 6 billion,
• a free cash flow (excluding M&A) of around 3 billion euros.

New US import regulations ("De Minimis") have only had a minor impact on earnings so far.

High-performance divisions - mixed market dynamics

• Express: EBIT +0.8 % to € 692 million, margin 11.8 %. Decline in international shipments, offset by efficiency measures.
• Global Forwarding, Freight: revenue -9.2 %, EBIT -29.6 %. Weak economy in Europe and declining sea freight rates have a negative impact.
• Supply Chain: EBIT +1.6% to € 278 million, margin 6.3%. Stable profitability thanks to efficiency and high customer demand.
• eCommerce: Revenue +2.9 %, EBIT increases from € 51 million to € 176 million - driven by the merger with Evri in the UK.
• Post & Parcel Germany: revenue +4.7 %, EBIT +27 % to € 218 million. Earnings stabilized by cost measures and price adjustments.

Conclusion

DHL Group remains on course for success despite geopolitical uncertainties. With a focus on profitability, efficiency and digital transformation, the Group is strengthening its resilience - and believes it is ideally equipped for the strong Christmas business in 2025.

After giving a lot of thought to whether I should add to one of my many positions or look for a tidbit, I decided to welcome SAP to my portfolio - one of the few companies in Germany that still has sufficient potential, but is moving sideways this year.

In addition, I will probably be getting rid of some positions soon and cleaning up my portfolio a little by the end of the year - at least that's my plan... The following are the main ones that catch my eye

$PUM (+0,21%)

$LXS (+2,32%)

$PAH3 (+1,39%)

$SIX2 (+0,78%)

Once bought with the idea of dividends and a possible turnaround in mind, I doubt that the situation with these companies will change abruptly and now regard them more as yield killers.

SAP comes in handy as an addition in order to still be able to invest alongside $ALV (+0,18%) and $DHL (-0,36%) another German company in the portfolio.

Good morning dear Getquin community 👋

Today I would like to introduce you to The Humanoid 66 and what it's all about. The market for humanoid robotics is just taking off and is facing one of the biggest upheavals since the advent of the automobile. Morgan Stanley and Goldman Sachs expect the market to be worth between 38 billion and three trillion US dollars by 2035. By 2050, over 60 million humanoid robots could be in use in the USA alone.

With The Humanoid 66, Morgan Stanley has compiled a list of 66 companies that are likely to benefit directly or indirectly from this development. These include not only the manufacturers themselves, but also suppliers and technology groups that provide the necessary infrastructure, from semiconductor and battery producers to sensor technology and software through to platform operators for artificial intelligence.

The leading players include $TSLA (+0,26%) Tesla with Optimus, Figure AI with Figure 02, Agility Robotics with Digit, Boston Dynamics with Atlas and Unitree with H1 and G1. Tesla is already planning to use more than a thousand Optimus robots in its own factories by 2024. The goal is clear: to make humanoid machines suitable for mass production at prices between 20,000 and 30,000 US dollars. Figure AI works closely with $MSFT (+0,36%) Microsoft, OpenAI and $BMW (+3,77%) BMW and was able to raise over 675 million US dollars in a financing round.

Technological progress is the key driver of this development. Multimodal generative AI enables humanoid robots to understand speech, communicate with humans and perform tasks autonomously. Advances in actuator technology, LiDAR systems, force sensors and battery technology are making the machines more efficient and more human-like. The energy density of modern lithium-ion cells is increasing by around 20 percent every two years, while the cost per kilowatt hour is expected to fall to 80 US dollars by 2030.

At the same time, wage costs for human labor are rising significantly. In the USA, they currently stand at just under 40 US dollars per hour, while in China they are around 6.50 US dollars and in India 4.45 US dollars. Studies show that automation can reduce labor costs in industrialized countries such as Germany, Japan and the USA by up to a third by 2025. Sectors such as agriculture, construction, care, logistics and manufacturing, where millions of jobs remain unfilled today, will be particularly affected.

The Humanoid 66 shows that this change goes far beyond individual companies. A new industrial ecosystem is emerging that links hardware, software, energy and data. Price reduction, scalability and integration into existing value chains will determine who will be among the winners.

Takeaway: Humanoid robotics is no longer a vision of the future, but the beginning of a structural reorganization of the global economy. Those who invest early in key areas such as AI chips, batteries, sensor technology and automation are positioning themselves in a sector that is likely to have a similarly profound impact as the invention of the car. The crucial question is just how far society is prepared to accept and integrate this new form of workforce.

For those who want to delve deeper: These are the companies featured in the Morgan Stanley report Humanoids @Tenbagger2024
@Multibagger

1. Tesla - USA - $TSLA (+0,26%)

2. Toyota - Japan - $7203 (-1,31%)

3. Xpeng - China - $XPEV (+2,69%)

4. Naver - South Korea - (not listed)

5. CATL - China - $3750 (+2,07%)

6. LG Energy Solution - South Korea - $373220 Subsidiary of LG

7. Samsung / Samsung SDI - South Korea - $SMSN (+3,64%)

8. SK Innovation - South Korea - $096770

9. HD Hyundai Infracore / Doosan (component) - South Korea - $042670

10. Hengli Hydraulic - China - $601100

11. NTN - Japan - $6472 (+0%)

12. NSK - Japan - $6471 (+0,95%)

13. Sanhua - China - $002050

14. Siemens - Germany - $SIE (+1,15%)

15. Top Group ("Topu") - China - $601689

16. Ambarella - USA - $AMBA (+4,22%)

17. Synopsys - USA - $SNPS (+0,41%)

18. NXP - Netherlands / USA - $NXPI (+0,9%)

19. Qualcomm - USA - $QCOM (+0,46%)

20. TSMC - Taiwan - $TSM (+0,6%)

21. Wolfspeed - USA - $WOLF

22. ARM - UK - $ARM (+0,66%)

23. onsemi - USA - $ON (+0,32%)

24. cadence - USA - $CDNS (+0,14%)

25. STMicroelectronics - Netherlands - $STM (+1,83%)

26. NVIDIA - USA - $NVDA (-0,35%)

27. SK hynix - South Korea - $HY9H (+3,38%)

28. sociionext - Japan - $6526

29. SMIC - China - $0981

30. infineon - Germany - $IFX (+2,96%)

31. Renesas - Japan - $6723 (-0,83%)

32. Dassault Systèmes - France - $DSY (+0,08%)

33. Mobileye - Israel / Intel ecosystem - $MBLY

34. Hexagon - Sweden - $HEXA B (-0,88%)

35. Knight Transportation - USA - $KNX (+0,69%)

36. DSV - Denmark - $DSV (+0,71%)

37. Werner Enterprises - USA - $WERN (+2,83%)

38. DHL Group - Germany / international - $DHL (-0,36%)

39. Kuehne + Nagel - Switzerland - $KNIN (+0,68%)

40. Obayashi - Japan - $1802 (-1,45%)

41. China State Construction Engineering Corporation (CSCEC) - China - $601668

42. RBG (presumably an Asian construction company) - (not listed)

43. Shimizu - Japan - $1803 (-2,03%)

44. Taisei - Japan - $1801 (-0,68%)

45. Baker Hughes - USA - $BKR (-2,92%)

46th SLB (Schlumberger) - USA - $SLB

47. Tenaris - Luxembourg / multinational - $TEN (-0,9%)

48. Halliburton - USA - $HAL (+2,58%)

49. amazon - USA - $AMZN (+0,3%)

50th Coupang - South Korea $CPNG (+0,34%)

51. JD.com - China - $JD (+0%)

52. BMW - Germany - $BMW (+3,77%)

53rd Mercedes-Benz - Germany - $MBG (+2,05%)

54th General Motors - USA - $GM (+1,11%)

55. BYD - China - $1211 (+0,6%)

56. Stellantis - NL / multinational - $STLAM (+2,01%)

57. Ford - USA - $F (-0,71%)

58. McDonald's - USA - $MCD (+1,17%)

59th Domino's - USA - $DPZ (-2,62%)

60. BGF Retail - South Korea - $282330

61. GS Retail - South Korea - $007070

62nd Lotte - South Korea - $004990

63. Yum China - China - $YUMC (+0%)

Source: Morgan Stanley Research Bluepaper Humanoids Investment Implications of Embodied AI and Stock3 drumbeat of Germany's humanoid robot manufacturers The Humanoid 66, 05.10.2025

https://api.guidants.com/db/e6/4/e134c52068e8c98a.pdf

The DAX has risen by more than 70 percent since 2021. However, since this financial year, companies' annual dividend payments have only increased by a good five percent. The result of these different speeds is falling dividend yields.

A Handelsblatt analysis shows: Only five companies still offer shareholders a yield of more than three and a half percent based on their most recently paid dividend - in other words, significantly more than can be obtained from banks with overnight money.

This does not include shares in companies with high dividend yields, but where there is a threat of a cut in the payout next spring - as is the case with car manufacturers. BMW $BMW (+3,77%), Mercedes $MBG (+2,05%) and VW $VOW (+1,13%) achieve record-high dividend yields of up to 8.3 percent, but these are worth little due to an expected lower payout in the future.

From today's perspective, investors can be sure that no cuts are imminent for the shares presented below, provided nothing dramatic happens.

Munich Re: More than 20 euros dividend

At 20 euros per share, five euros more than in the previous year, Munich Re distributed $MUV2 (-0,58%) paid out more than any other DAX company this spring. Analysts are forecasting an average of €21.48 for 2026. Based on the previous distribution, the dividend yield is 3.8 percent.

One of the strongest arguments for buying the share is its reliability. The payout has never fallen since 1969 and has risen eight times in the past ten years.

Eon: Boring, but reliable

Years ago, Eon set itself the $EOAN (-1,01%) set itself the target of increasing its dividend by five percent annually. This means that the dividend will rise by two cents to 57 cents next spring. This would be the fifth two-cent increase in a row. Based on the previous distribution, the dividend yield is 3.6 percent.

DHL: top yield of 4.8 percent

For 17 years, DHL $DHL (-0,36%) has not lowered its dividend for 17 years, and this is unlikely to change in 2026. The last cut was in the crisis year 2008, and analysts expect an average of EUR 1.87 per share for next spring. In view of the challenges, particularly in the US business, Handelsblatt only expects the dividend to remain unchanged at EUR 1.85.

Based on the current share price, shareholders will achieve a dividend yield of 4.8 percent if the payout remains the same. None of the shares portrayed here offer that much.

Vonovia: Strong rental business

Analysts expect Vonovia $VNA (-0,18%) to achieve an average net profit of two billion euros this year.

The dividend is expected to average EUR 1.25, compared to EUR 1.22 last spring. Based on the previous distribution, the dividend yield is 4.6 percent. This is the second highest among the stocks portrayed here.

Rent increases and almost full occupancy of the apartments ensure consistently high profits in the operating business - which was also the case in 2023.

Allianz: High yield with upside potential

Looking at the year as a whole, analysts are forecasting a record net profit for Allianz $ALV (+0,18%) a record-high net profit of 10.7 billion euros, compared to 9.9 billion euros in the previous year. This means that nothing stands in the way of another dividend increase. The dividend has been increased nine times in the past ten years. The last cut was in the 2008 financial year, when the real estate and financial crisis hit the markets.

Analysts are forecasting an average dividend of EUR 16.74 per share for the 2026 Annual General Meeting. Last year, the dividend was EUR 15.40, which already results in a considerable dividend yield of 4.4%. At 16.74 euros, the yield would be 4.75%.

Around 60 percent of the net profit went to shareholders this spring, which is the international standard for mature large corporations. The share price has doubled in the past three years.

Source: Text (excerpt) & picture Handelsblatt, 16.09.25

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 (+3,77%) BMW, $MBG (+2,05%) Mercedes, $VOW3 (+1,45%) VW, Opel and Chinese challengers such as BYD and $1211 (+0,6%) BYD and $9868 (+0,84%) 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 (+0,26%) Tesla - pioneer in autopilot/FSD, vertical integration, huge database

$MBG (+2,05%) Mercedes-Benz Group - EQS/EQE with Level 3 approval in Germany, strong regulatory expertise

$BMW (+3,77%) BMW - New class platform, e-models with prepared sensor technology & level 3 approaches

$VOW (+1,13%) VW Volkswagen - Cariad software unit, massive push towards ADAS/AV

$7203 (-1,31%) Toyota (Japan) - largest OEM, cooperation with Pony.ai and Denso

$GOOGL (+0,87%) Alphabet Waymo (private/Alphabet $GOOGL) - robotaxi pioneer in the USA

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

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

👉 Favorite: Alphabet Waymo ($GOOGL (+0,87%))

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 (+1,52%) Aptiv - supplier for ADAS, sensor fusion, E/E architectures

$MG (+0,31%) 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 (+3,93%) 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 (+1,52%)
)

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 (-0,35%) Nvidia - Drive Orin / Thor chips for OEMs, standard in the AV sector

$QCOM (+0,46%) Qualcomm - Snapdragon Ride platform for AVs

$INTC (+1,98%) Intel Mobileye - EyeQ chips, one of the market leaders in ADAS

$LAZR (-9,09%) 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 (-0,35%)
)

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 (-0,35%) Nvidia - GPUs & AV chips (Drive Orin, Drive Thor), software ecosystem

$QCOM (+0,46%) Qualcomm - Snapdragon Ride platform, automotive pipeline >30 billion USD

$INTC (+1,98%) Intel / Mobileye - EyeQ chips, ADAS market leader

$AMD (+0,85%) AMD - GPU/CPU, entry into automotive AI compute

👉 Favorite: Nvidia ($NVDA (-0,35%)
) 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 (-9,09%) 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 (+4,22%) Ambarella (AMBA) - camera chips & vision processors for AV

$STMPA (+1,78%) STMicroelectronics (France/Italy, Euronext) - automotive microcontrollers, sensors, power electronics. European counterpart to Infineon.

$AIXA (+2,08%) Aixtron (Germany, Xetra) - supplies manufacturing equipment for SiC and GaN semiconductors, indispensable for power electronics in EV/AV.

$ELG (+3,11%) Elmos Semiconductor (Germany, Xetra) - niche player for mixed-signal semiconductors in automotive, e.g. for radar and driver assistance.

👉 Favorite: Luminar ($LAZR (-9,09%)
) 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 (+0,6%) Taiwan Semiconductor - production of all relevant automotive chips

$ASML (-0,65%) ASML Holding - Lithography monopolist, without ASML no AI/AV chips

$EQIX (+2,02%) Equinix - data center colocation for AI training & simulations

$DLR (+2,24%) Digital Realty - cloud and data infrastructure

$AMZN (+0,3%) Amazon AWS - Cloud resources for AI training, simulation & OTA updates

👉 Favorite: ASML ($ASML (-0,65%)
) 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 (-0,06%) Ericsson - 5G/6G networks, vehicle-to-everything (V2X) applications, global player

$NOK (-1,89%) Nokia - 5G/Edge solutions for automotive & smart cities

$QCOM (+0,46%) Qualcomm - Snapdragon Digital Chassis, V2X chipsets, automotive pipeline

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

👉 Favorite: Qualcomm ($QCOM (+0,46%)
) 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 (+0,36%) Cisco Systems - network infrastructure for automotive, cloud & edge

$AMT (+0,35%) American Tower - cell towers & infrastructure, benefits from 5G expansion

$CCI (+0,8%) Crown Castle - radio tower and fiber optic infrastructure (mainly USA)

$EQIX (+2,02%) Equinix - data centers, basis for edge computing and OTA updates

$DLR (+2,24%) Digital Realty - colocation & data center capacity for simulations and AV data

👉 Favorite: Equinix ($EQIX (+2,02%)
)

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 (+0,87%) Alphabet / Waymo - Robotaxi pioneer, full-stack AV software, years of database

$TSLA (+0,26%) Tesla - FSD, Dojo supercomputer, vertical integration incl. fleet

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

$UBER (+0,46%) Uber - AV platform in partnership (e.g. with Momenta), scaling via existing user base

👉 Favorite: Alphabet / Waymo ($GOOGL (+0,87%)
)

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 (+2,29%) Palantir - data management, simulation & AI analysis for AV training

$SNOW (-2,54%) Snowflake - Cloud data platform, relevant for AV data streams

$MSFT (+0,36%) Microsoft Azure - cloud & simulation platform for OEMs

$AMZN (+0,3%) AWS - largest provider for AI training & simulations in the AV sector

$ADBE (+5,53%) Adobe - Simulation & Digital Twin Tools (via partnerships)

👉 Favorite: Palantir ($PLTR (+2,29%)
)

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 (+0,3%) Amazon / Zoox - Robotaxi & autonomous delivery services, integration into e-commerce and Prime

$FDX (+0,22%) FedEx - test programs for autonomous delivery (cooperations with Aurora, Nuro, among others)

$DHL (-0,36%) Deutsche Post DHL - pilot projects with autonomous delivery vehicles & drones

👉 Favorite: Amazon / Zoox ($AMZN (+0,3%)
)

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 (+0,78%) Caterpillar - autonomous technologies for construction machinery & mining, know-how transferable

$DE (-1,5%) Deere & Co - autonomous agricultural machinery, similar technology stacks as for trucks

$ISRG (+1,14%) Intuitive Surgical - example of high-end automation (here as a cross-reference for AV tech transfer)

$UPS (+0,33%) United Parcel Service - logistics infrastructure, partner for AV integration

$R (+3,56%) Ryder System - fleet management, leasing and AV test integration

👉 Favorite: Deere & Co ($DE (-1,5%)
)

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 (+0,18%) Allianz - the world's largest insurer, involved in AV pilot projects at an early stage

$MUV2 (-0,58%) Munich Re - reinsurance, develops models for AV risk transfer

$CS (+0,27%) Axa - active in AV insurance testing & research

$BRK.B (+0,18%) Berkshire Hathaway - large presence in the US motor insurance market via Geico

👉 Favorite: Munich Re ($MUV2 (-0,58%)
)

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 (+3,25%) 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 (+3,25%)
)

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 (-7,04%) Swiss Re - global reinsurer, benefits from increasing AV risk volume

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

$GWRE (-0,25%) Guidewire Software - software solutions for insurance companies, customization for AV policies

$FICO (+1,51%) 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 (+1,57%) Palo Alto Networks - market leader in network security, focus on cloud & IoT, relevant for connected vehicles

$CRWD (-0,41%) CrowdStrike ($CRWD) - endpoint security, strong platform for AV endpoints and fleets

$CHKP (-1,5%) Check Point ($CHKP) - Security appliances & firewalls, focus on embedded & IoT

$CSCO (+0,36%) Cisco Systems ($CSCO) - Network security + automotive infrastructure

👉 Favorite: Palo Alto Networks ($PANW (+1,57%)
)

moat due to the width of the platform, which extends from the data center to the vehicle. With the $CYBR (+1,68%) -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 (-0,34%) 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 (-7,04%) VicOne (subsidiary of Trend Micro) - AV-specific threat analysis

👉 Favorite: Argus Cyber Security (private, part of $CON (-0,34%)
Continental)

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

Shovel manufacturer:

$AKAM (-3,7%) Akamai - Content Delivery & Edge Security, relevant for OTA updates

$FTNT (+2,15%) Fortinet - Network & IoT security, broad base

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

$NET (-1,66%) Cloudflare - infrastructure protection, DDoS protection for fleets & updates

$BB (+1,37%) BlackBerry QNX - Operating system & security framework for automotive

👉 Favorite: BlackBerry ($BB (+1,37%)
)

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 (-0,74%) EnBW - operator of charging infrastructure in Germany, expansion of fast-charging parks

$SHEL (-1,62%) Shell - massive entry into e-mobility & charging infrastructure, partnerships with OEMs

$BP (-3,45%) BP - charging and energy infrastructure via bp pulse, global rollout

$TSLA (+0,26%) Tesla ($TSLA) - Supercharger network as AV backbone, potential licensing model

👉 Favorite: Tesla ($TSLA (+0,26%)
)

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 (+0,36%) Fastned (FAST.AS) - fast charging network in Europe, rapidly growing

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

👉 Favorite: Fastned ($FAST (+0,36%)
)

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 (+0,02%) ABB - leader in charging hardware & power grid infrastructure

$ENR (+0,49%) Siemens Energy - grid infrastructure & charging hardware, important supplier for energy transition + AV

$SU (-0,81%) Schneider Electric - power distribution, smart grids for charging infrastructure

$6594 (-0,82%) Nidec - motors & drives for e-mobility

$ETN (-0,85%) Eaton - Energy management & charging infrastructure components

👉 Favorite: ABB ($ABBN (+0,02%)
)

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 (+0,46%) Uber Technologies - ride-hailing, partnerships with AV start-ups (Momenta), robotaxi plans in Munich

$LYFT (+2,23%) Lyft - ride-hailing, own AV programs, cooperations with Aptiv & Motional

$DIDIY (-2,77%) Didi Global - largest ride-hailing network in China, AV research on Didi Autonomous Driving

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

$AMZN (+0,3%) Amazon / Zoox - fully autonomous robotaxi, integration into Amazon ecosystem

👉 Favorite: Baidu Apollo ($9888 (+5,5%)
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 (-1,31%) Toyota or Mercedes $MBG (+2,05%)

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

👉 Access via $Hyundai or $APTV (+1,52%) 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 (+1,11%) 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 (-0,9%) Hertz Global - fleet management, integration of AVs in rental fleets

$SIX2 (+0,78%) Sixt SE - Car sharing & fleet leasing, focus on Europe

$R (+3,56%) Ryder System ($R, USA, NYSE) - fleet services & leasing, AV test integration

$GRAB (-2,09%) Grab Holdings ($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 (+0,78%)
.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 (-1,17%) Panasonic Holdings - long-standing partner of Tesla, strong in energy storage

$1211 (+0,6%) 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 (+1,45%) DE, Germany, Xetra) or BMW ($BMW (+3,77%) 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 (+2,05%) DE, Germany, Xetra)

$QS (+2,83%) QuantumScape ($QS, USA, NYSE) - solid-state batteries, strong focus on future technology

$MOD (+1,86%) Modine Manufacturing (USA, NYSE) - Thermal management for batteries, e-motors and power electronics. Critical for range and safety.

$KULR (-0,59%) 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 (-0,37%) 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 (-0,82%) Nidec (JP) - leader in electric motors for EVs and AVs

$IFX (+2,96%) Infineon Technologies (DE) - semiconductors for power electronics and battery management

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

$UMI (+1,19%) Umicore (Belgium, Euronext) - cathode materials and recycling

$ALB (+5,95%) Albemarle (USA, NYSE) - Lithium mining and processing

👉 Favorite: Infineon Technologies ($IFX (+2,96%)
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 (+0,87%) Alphabet / Waymo (USA, Nasdaq) - HD maps for robotaxis, combined with AI-supported real-time navigation

$9888 (+5,5%) 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 (-0,47%) 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 (-0,35%) 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 (-0,88%) Hexagon AB (Sweden, Nasdaq Stockholm) - measurement technology and geodata solutions

$TRMB (+1,49%) Trimble (USA, Nasdaq) - positioning and geospatial data for AV and industrial applications

👉 Favorite: Hexagon AB ($HEXA B (-0,88%)
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/

$DHL (-0,36%)
@Charmin
@EpsEra
@Simpson

Hello my dears,

I have realized that future sectors are also an exciting topic for the community.

Even at the risk of annoying you with it, I would like to provide all interested parties with exciting reports in alternation and cooperation with the dear @EpsEra to provide exciting reports.

In order to be well informed as a small investor.

You can find the full article at ⬇️.

Here the comment of dear @Charmin is confirmed. In which he wrote that we are still a long way from the sensible use of humanoid robots in industry.

If there is a need for such information, please let me know 👍.

DHL's Head of Information Sally Miller relies on robots for warehouses. She sees great opportunities for improving logistics - but also still sees major hurdles.

WirtschaftsWoche: Ms. Miller, what do you think of humanoid robots?

Sally Miller: Not much. Humanoids cannot generate a meaningful return in our industrial environment, and yet they receive a lot of attention and venture capital money. The investment that goes into humanoid robots then goes into developing products that we could use commercially in our warehouses. Of course, I would like to see more work on products that we can use in our companies instead.

What do you have against robots on two legs?

Their biggest problem is those very legs. The batteries - which have a significant influence on the center of gravity - cannot be accommodated in a wider base low down on the robot, as is the case with the stretch robot from Boston Dynamic. Lighter, smaller batteries are needed. That's why batteries in humanoid robots only last a few hours. But our shifts last eight hours, usually in two or three shifts. Also, the whole focus on a robot being able to stand without falling over is a big waste from our point of view: You don't need legs in the warehouse. Wheels are much better suited. What bothers me the most is that these robots look "scary". That sounds trivial, but the most important thing for us is that our employees like working for us and with our technology. Humanoid robots are rather intimidating - that's what our employees tell us.

It would be the first area in which Elon Musk has invested massive amounts of money and received no return.

If I could buy a humanoid for 10,000 dollars to keep my house clean - that might be a use case. Loading and unloading the dishwasher, washing and folding laundry, vacuuming - that would be a home run. In the household, a robot on legs could rest and recharge itself again and again. And legs also make a lot more sense in a house with stairs, for example to go up to the second floor. Humanoids are good for the consumer market, but not for commercial applications in contract logistics.

How much of an advantage is the use of automation in logistics? The New York Times didn't call today's robots particularly revolutionary...

At our sites, human labor is by far the largest component that we manage. We are, and will remain, a people business. But people under 30 in particular like to work in an environment with modern technology. For example, we have fewer redundancies at sites where we use robots. To be more precise, we are talking about "co-bots" - collaborative robots - i.e. robots that work hand in hand with people. They make our employees' day-to-day work easier by reducing walking distances and relieving them of heavy, repetitive lifting. The potential applications are huge. We would like to see even more on the market. That's why we've signed a contract with Boston Dynamics: They are developing further functionalities for us for their Stretch robot...

...Stretch can already lift parcels out of a truck or container and place them on a conveyor belt. What else should it learn?

It could also be used for order picking, i.e. putting orders together. To do this, he needs to learn more specific gripping skills. Deutsche Post's sister division is also testing Stretch for use in the parcel business.

You can find the full article at ⬇️

https://www.wiwo.de/unternehmen/dienstleister/dhl-informationschefin-sally-miller-wir-verzeichnen-weniger-kuendigungen-an-standorten-wo-wir-roboter-einsetzen/100151330.html