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Originally Posted by mbstingray74
I've been lurking for a while on this forum and this is my first post. I've been trying to read as much as I can on this thread but admittedly haven't gotten through it all so I hope I am not repeating a question that has already been answered...
I follow the automotive industry pretty closely and am seeing EV cars and autonomous driving making some big strides lately. So, I have been searching to find the suppliers that will be growing along with this market. For example, every EV needs a battery pack and autonomous cars use a ton of cameras... Am i one the right track here?
I am just a beginner and will continue reading so I can better understand what a "good" company looks like. I am getting a little bit overwhelmed however with trying to find the suppliers for each company and model (Tesla Model 3, Chevy Bolt, etc.) so any tips on how to go about a search like this would be greatly appreciated!
Thanks to everyone who has shared advice so far... I hope I can return the favor someday.
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Excellent question --- one I personally have no answer for as far as what companies to look at. I've not looked into that angle of the car industry.
Many people "reverse engineer" Apple products looking for what's inside so they can invest in those suppliers -- basically the exact same thing you're asking about....
I could write a book about the pitfalls of this style of investing... basically gambling - on which "technology" is going to be adopted. When things are in their infancy - new companies can spring up basically overnight, with the latest greatest advance. I'm not saying NOT to invest this way though. Generally it is going to work out better for an investor if they have some kind of inside track (deep knowledge) of who, what, and where these types of technology are headed. Many times these companies are private -- and funded via VC and Angel money.
I'd be very interested in any info you dig up - as this IS a car website/forum - and it's an interesting investing angle as well.