First, let's look at the OEMs; what their business model was, and what it will look like in the future. The OEMs right now are very concerned about their future and what their new business model will have. Prior to the pandemic and electric vehicles coming onto the market, they were very profitable by building internal combustion engine (ICE) vehicles. There was plenty of demand globally, and they had the capacity, as well as the components, to build vehicles and satisfy demand. Then, the pandemic came, and with it came a host of issues such as labor shortages, manufacturing interruption, and the byproduct of this was supply-line issues. They could not deliver finished vehicles because of this.
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