The auto industry is experiencing relief as global supply chain pressures stemming from the pandemic have been alleviated. The lifting of lockdowns in China further restores supply chain conditions to pre-pandemic levels. These mark a significant development after the challenges of the past two years.
With the sector continuing to evolve and expand its horizons, I assessed two auto stocks, NIO Inc. (NIO) and Stellantis N.V. (STLA), to identify which holds the potential for superior returns this year. Before exploring the featured stocks, let's examine the current dynamics within the auto sector.
