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EV OEMs

Tesla, BYD, and Hyundai form the global EV market's Big 3. Tesla is evolving into a platform company with FSD (autonomous driving) and Optimus (robotics), while Hyundai expands global EV market share with the E-GMP dedicated platform. BYD is expanding from China domestic dominance into European and Southeast Asian exports.

Updated: 2/25/202612-24 months

Investment Confidence

Confidence Index82%
LowMediumHigh

Theme Analysis

Key Drivers

  • Global EV sales growing 25%+ annually
  • Tesla low-cost model ($25K EV) launch imminent
  • Hyundai E-GMP EV lineup expansion
  • BYD European and Southeast Asian export expansion

Risk Factors

  • EV demand slowdown/subsidy reduction
  • Price war intensifying (BYD-led)
  • Autonomous driving regulatory/safety issues
  • Battery cost increases

Catalysts

  • Tesla low-cost model launch announcement
  • Hyundai IONIQ new model market reception
  • EV subsidy policy extension

Related Investment Ideas

1
005380.KSHigh

Hyundai Motor — E-GMP EVs + Robotics, Ascending to Global Top 3 Automaker

Global #3 automaker (combined with Kia). Expanding IONIQ 5/6/7 lineup on dedicated E-GMP EV platform. Robotics business entry through Boston Dynamics acquisition. Long-term growth driven by emerging market expansion (India, Southeast Asia) and hydrogen fuel cell (NEXO) technology.

Comments

Created: 2/25/2026Updated: 2/25/2026
Related Assets
Tesla
Direct Exposure
Relevance 95%
Hyundai Motor
Direct Exposure
Relevance 88%
BYD
Competitor
Relevance 90%
Rivian
Relevance 65%
Quick Stats
Confidence82%
Investment Period12-24 months
Investment Ideas1
Parent Theme
Mega Theme
EV & Battery Value Chain
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