The growth of electric vehicles (EVs) poses various degrees of risk to auto suppliers that make parts for internal combustion engines (ICE). While no one can say for sure what these domestic supply chains will eventually look like, big changes are coming. The slow transition to EVs will eventually expand more rapidly, creating challenges for manufacturers that aren’t prepared. EVs are not the only sector that needs to invest in new products and production methods before existing ones become obsolete. Intense change and opportunities are hitting the domestic semiconductor manufacturing sector
