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Automakers reported higher year-on-year sales and production in the first six months of 2023, compared with year-ago figures when they were reeling from the effects of COVID-19 restrictions and tight supply of semiconductor chips and automotive parts
ReadUS automakers have intensified their cooperation with producers of both batteries and battery raw materials. South Korean battery makers have widened their plans to establish plants in the US
ReadAlthough global automakers encountered varying degrees of recovery in 2022, they are still concerned about the supply of semiconductor chips, especially for those pursuing electric vehicle growth
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