Emerging EV companies use contract manufacturing to break entry barriers, according to DIGITIMES Research

Peng Chen, DIGITIMES Asia, Taipei

Feb 2, 2023, 11:01 0

Credit: Nio

Automotive electrification facilitates the growth of new EV companies. According to DIGITIMES Research, emerging businesses tend to rely on contract manufacturers for car-making, so they can focus on building brands and marketing.

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