Meet Rivian And Lucid, The Auto Sizzling Startups Concentrating On Tesla

In fact, in today’s auto industry, a big selection of automakers, worldwide and home, manufacture autos in the US without union labor. Electric automobile provider shares, on the other hand, ought to be a safer approach to play the broader electrification of the auto business, with out having to select particular person OEM stocks. This might indicate that Nio is finally tackling the continuing automotive semiconductor shortage, which has impacted manufacturing across the auto business. Those corporations is also opening a path for a model new entrant like Vinfast, said Stephanie Brinley, an auto industry analyst with IHS Markit. [newline]Yes, I’d prefer to obtain e mail communications on editorial features, special presents, research and events and webinars from Automotive News. Automotive News will discontinue its reader remark section within articles.

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