QS - Invest In EV Suppliers Over Manufacturers

• With the growth that will outpace EV manufacturers, and more certain futures, I believe that these suppliers are the prime means of capitalizing off of the global transition to EVs.
• Even as the pandemic has dampened electric vehicle adoption last year, lithium remains a strong market with a ceiling far above its current residence as supply constraints drive prices up.
• Both lithium and battery suppliers see a clear top-three leading their industries, though emerging battery technology looks set to shake up the current oligopoly.
• Battery suppliers and startups, at the forefront of solid-state batteries are positioned well for a period of strong growth.
• Lithium producers are slightly more risky investments than battery suppliers due to the potential volatility in lithium prices, but also carry more upside as a result.

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