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How smart cars are upending the auto supply chain in China

How smart cars are upending the auto supply chain in China

FILE PHOTO: A Nio ET5 electric vehicle is displayed at the Chinese EV maker's showroom in Shanghai, China, February 3, 2023. REUTERS/Aly Song

China’s auto industry supply chain faces profound changes as the electric and smart-car transition accelerates, breaking up the old supply system and bringing in new competitors.