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There is more to EV ecosystem than just auto ancillaries: 7 stocks that don’t come at the first thought but gain equally or more

There is more to EV ecosystem than just auto ancillaries: 7 stocks that don’t come at the first thought but gain equally or more

Even before the stocks of companies which were entering into the electric vehicle ( EV) space got re-rated, it was the auto ancillary which got re-rated as they are expected to be the biggest beneficiary of the changing landscape. But the fact is that there are more companies which play an important part in the development of the EV eco system. For example a specialty chemical company which is a supplier to battery makers. But there are more stocks , which wont come instinctively, because of the fact that we don't think that their products have anything to do with EV, but reality they have a big stake in the system and play a critical role as some of them are producing chemical or products which are currently get imported from China.

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