ElringKlinger AG (DB:ZIL2) (OTC:EGKLF) (OTCPK:ELLRY) is a tier-one automotive supplier producing 78% of parts for combustion engines, 6% lightweight body parts, 1% e-mobility parts, 9% aftermarket parts, and 5% non-automotive parts. Their strategy is to attempt to reap excess returns as one of only a handful of remaining suppliers in the long-term declining markets for cylinder gaskets, specialty gaskets and shielding technology while at the same time building out new e-mobility products for the cars of the future. However, the "classic" products are very capital intensive while building up new technology