EV-CHG and TELE-DATA cluster top-right. Both score high on both axes — the rare combination that justifies inorganic-led capital deployment in the same year.
BATT-VI is attractive but Acme's right-to-play is shy of full conviction. The verdict is hybrid M&A + capex — buy cathode, build the rest.
AUTO-LOG and H2-HD sit south. Asset prices in autonomy are unattractive given Veridian; hydrogen is structurally early. Both incubate, neither funded.
The depot footprint is the moat. Acme operates 1,400 fleet depots across NA and EU; the dealer channel sells to Tier-1 commercial buyers; the SiC inverter fab supplies the power-electronics tier. Three capabilities, one defensible position. The verdict — Pursue — follows directly from the rubric below.