In reality, in at present’s auto industry, quite so much of automakers, worldwide and home, manufacture automobiles in the US with out union labor. Electric car supplier shares, however, ought to be a safer method to play the broader electrification of the auto industry, with out having to choose particular person OEM stocks. This may indicate that Nio is finally tackling the continuing automotive semiconductor shortage, which has impacted manufacturing across the auto industry. Those corporations is also opening a path for a new entrant like Vinfast, mentioned Stephanie Brinley, an auto industry analyst with IHS Markit.
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