Electric-vehicle sales are starting to pick up steam and that means big demand for a mostly unknown company. Aerovironment (NASDAQ:AVAV) makes electric chargers for everywhere from the home to commercial applications and it's partnered with some of the biggest names in the industry. It's a preferred supplier for Ford, Nissan, BMW, FIAT, Mitsubishi, and more, giving it great demand when sales pick up.
Fool contributor Travis Hoium covers some of the upside in the video below and tells how Aerovironment is holding off competition from powerhouses like General Electric (NYSE:GE) and Siemens (NASDAQOTH:SIEGY).
Fool contributor Travis Hoium has no position in any stocks mentioned. The Motley Fool recommends AeroVironment. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.