Pure Electric Bikes and Boats
justinbeswick@invest
−0.2%
since Oct 6
The idea
I believe electric drivetrains eventually take over mobility beyond cars, so this basket only holds the pure electric players, not gas incumbents bolting on a battery. It spans scooters and e-bikes, electric motorcycles, and electric boat engines, with no single name dominating the mix. Since these are mostly small, young companies, I keep a larger cash reserve on the side to add on rough days. I would rethink this if adoption stalls or if the pure electric makers keep losing ground to the incumbents they are supposed to be disrupting.
What it owns
- Electric two-wheelers have already become mainstream in Asian cities, making this segment the furthest along in adoption across regions. · Niu TechnologiesIt produces only electric scooters and e-bikes in the segment where electric adoption has progressed furthest, betting on continued unit growth as riders switch from gas models., GogoroIt builds electric scooters and battery-swap stations with no gas business to protect, succeeding only if electric two-wheeler adoption accelerates.41%
- Companies building electric motorbikes from scratch offer the most direct exposure to the shift of two-wheeler powertrains away from combustion engines. · LiveWire GroupIt manufactures only electric motorcycles, providing direct exposure to whether electric drivetrains displace gas engines in the two-wheeler market.22%
- Pure-play electric boat engine makers represent the least crowded part of the electric powertrain transition beyond cars and motorcycles. · Vision Marine TechnologiesIt is one of the few public companies selling electric outboard motors for boats, making it a bet that electric drivetrains spread beyond cars into marine propulsion.22%
- Cash15%