Path Forward For Auto Parts Manufacturers Stores Uncertain As Evs Gain Prevalence
With more electric vehicles rolling out over the next few decades, what becomes of ICE parts and are manufacturers ready to make the shift to EV parts? According to auto parts executives and automotive supply chain experts, the estimated $380 billion industry is going to have to consolidate traditional parts and be able to shift towards international markets. In an August interview with Newsweek, CarParts.com’s chief executive officer Lev Peker said that businesses like his are ready to supply EV parts....