Democrats' sweeping midterm win has fired up expectations for friendlier policies toward renewable energy, batteries, and clean transport, putting fresh attention on companies tied to electric and self-driving vehicles. Capital tends to follow policy support, so money is already looking more closely at this corner of the market. This article breaks down three stocks from a focused electric and autonomous vehicle basket that aim to capture that interest.
The stocks highlighted below are just a sample from this electric and autonomous vehicle idea. The full screen surfaced 21 more companies with equally detailed stories that are not covered here. To go deeper on this theme, head straight to the Electric/ Autonomous Vehicle Stocks screener to identify, filter, and analyze the opportunities that best fit your own criteria.
EnerSys (ENS)
Overview:EnerSys supplies industrial batteries and integrated power systems, including motive-power solutions for electric forklifts and Class 8 electric trucks worldwide.
Operations:EnerSys reports a segment adjustment of about US$3.8b, reflecting consolidated activity across its stored energy and power solutions lines.
Market Cap:US$6.1b
EnerSys matters for this electric and autonomous vehicle basket because its Industrial Mobility Solutions arm directly powers electric forklifts and heavy trucks that keep supply chains moving.
"Ongoing growth in AI driven data center loads and concerns about grid reliability are supporting increased adoption of EnerSys backup and energy storage systems, which can add to revenue and support earnings as more of the installed base enters replacement cycles."
What happens to future margins and cash generation depends heavily on how one unseen pressure inside this battery portfolio ultimately resolves.
That hidden pressure point is exactly what the full narrative for EnerSys unpacks. It shows where grid stress, AI demand, and replacement cycles could be masking upside potential.
AEVEX (AVEX)
Overview:AEVEX develops autonomous unmanned aerial and surface vehicles and related mission services for U.S. defense clients, with direct exposure to electric and self-directed platforms.
Operations:AEVEX generates about US$585 million from Tactical Systems and US$112 million from Global Solutions, almost entirely from U.S. customers.
Market Cap:US$1.4b
AEVEX matters for this electric and autonomous vehicle basket because its Tactical Systems arm builds the kind of modular unmanned aircraft and drone boats that turn the theme into deployed hardware on real missions.
"Although AEVEX expects the BlackSea Technologies acquisition to broaden its multi-domain air, surface and subsea offering at a time when unmanned systems spending is increasing, integration risk around culture, technology stacks and program execution could limit the pace at which combined revenue and earnings benefit from this larger portfolio."
What happens to future profitability and contract momentum may hinge on how one tightly watched program trend actually plays out over the next few years.
That program risk is exactly what the full narrative for AEVEX pulls apart, showing where contract momentum could accelerate and where integration challenges might quietly be masking upside.
Hesai Group (HSAI)
Overview:Hesai Group develops and sells LiDAR sensors and related services that enable advanced driver-assistance and autonomous driving in vehicles and robots.
Operations:Hesai Group generates most revenue in Mainland China at about CN¥2.5b, with smaller contributions from North America, Europe, and other regions.
Market Cap:US$2.0b
Hesai Group matters in this electric and autonomous vehicle basket because its LiDAR units are built directly into production EVs, robotaxis, and autonomous delivery fleets, where sensor scale can make or break commercial rollouts.
"Deliveries hit 1.62 million units in 2025, up more than 220% year over year. Even more striking, Q4 alone exceeded the full-year shipments of 2024."
What that kind of volume really means for pricing power and long term margins depends on how a single cost lever behaves as adoption widens.
That cost lever is exactly what the full narrative for Hesai Group unpacks, showing where pricing, scale and capital intensity could be decoupling and quietly affecting Hesai Group's profit potential.
Seeking Fresh Alternatives Beyond EVs?
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This article is general in nature and was produced with the assistance of AI automation, based on data and analysis from Simply Wall St. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
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