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15 handpicked stocks

Autonomous Driving Stocks | Waymo European Expansion

Alphabet's Waymo is launching its autonomous robotaxi service in London, marking its first expansion into the European market. This move accelerates the global autonomous vehicle race, creating opportunities for companies that supply the essential technology and hardware for self-driving cars.

Author avatar

Han Tan | Market Analyst

Published on October 16

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Market capitalisation summary and investor takeaways for the basket.

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Total Market Cap
  • GOOG: $3.04T

  • GOOGL: $3.04T

  • MBLY: $12.48B

  • Other

About This Group of Stocks

1

Our Expert Thinking

Waymo's expansion into London represents a pivotal moment for autonomous driving technology. As the first major European deployment, this signals accelerated global adoption of self-driving vehicles. The real opportunity lies with the technology suppliers - companies making the LiDAR sensors, advanced semiconductors, and essential hardware that serve as the 'eyes and ears' of autonomous vehicles.

2

What You Need to Know

This group focuses on the critical ecosystem of suppliers enabling autonomous vehicle innovation rather than the car manufacturers themselves. These companies provide the high-tech components that make self-driving possible - from sensor technology to processing chips. As industry leaders scale operations internationally, demand for these specialised components could see significant growth.

3

Why These Stocks

These stocks were handpicked by professional analysts as the core technology providers powering the autonomous revolution. Each company plays a crucial role in the supply chain that enables self-driving vehicles to operate safely and effectively. This represents a tactical growth opportunity to capitalise on the long-term technological shift towards autonomous transportation.

Why You'll Want to Watch These Stocks

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Global Expansion Momentum

Waymo's London launch marks the first major European deployment of commercial robotaxis. This international expansion could accelerate adoption timelines and create massive demand for autonomous vehicle components worldwide.

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Technology Infrastructure Play

These aren't just car companies - they're the tech suppliers building the 'nervous system' of autonomous vehicles. From LiDAR sensors to advanced chips, these components are essential for every self-driving car on the road.

First-Mover Advantage

As Waymo proves commercial viability in complex urban environments like London, competitors will rush to scale their own operations. The companies supplying this technology could see explosive demand as the industry races to catch up.

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