U.S. Automobiles Strong Balance Sheet Stocks

Modine Manufacturing

Market Cap: US$4.0b

Provides thermal management products and solutions in the United States, Italy, Hungary, China, the United Kingdom, and internationally.

Ayro

Market Cap: US$4.3m

Designs, manufactures, and sells electric vehicles for closed campus mobility, urban and community transport, local on-demand and last mile delivery, and government use in the United States.

Solid Power

Market Cap: US$194.7m

Develops solid-state battery technologies for the electric vehicles (EV) and other markets in the United States.

Mobileye Global

Market Cap: US$10.0b

Develops and deploys advanced driver assistance systems (ADAS) and autonomous driving technologies and solutions worldwide.

Li Auto

Market Cap: US$23.8b

Operates in the energy vehicle market in the People’s Republic of China.

CDTi Advanced Materials

Market Cap: US$1.8m

Provides technology and solutions for the emission catalyst, industrial catalyst, and electrocatalyst markets in the United States and Europe.

Gentex

Market Cap: US$4.8b

Designs, develops, manufactures, markets, and supplies digital vision, connected car, dimmable glass, and fire protection products in the United States, China, Germany, Japan, Mexico, the Republic of Korea, and internationally.

XPEL

Market Cap: US$719.0m

Manufactures, installs, sells, and distributes protective films, coatings and related services.

Visteon

Market Cap: US$1.9b

An automotive technology company, designs, manufactures, and sells automotive electronics and connected car solutions for vehicle manufacturers.

THOR Industries

Market Cap: US$3.6b

Designs, manufactures, and sells recreational vehicles (RVs), and related parts and accessories in the United States, Germany, Canada, rest of Europe, and internationally.

Workhorse Group

Market Cap: US$6.6m

A technology company, engages in design, manufacture, and sale of zero-emission commercial vehicles in the United States.

Strattec Security

Market Cap: US$146.8m

Designs, develops, manufactures, and markets automotive security, access control, and user interface controls products and solutions under the VAST Automotive Group brand primarily in North America.

QuantumScape

Market Cap: US$2.0b

Focuses on the development and commercialization of solid-state lithium-metal batteries for electric vehicles and other applications in the United States.

Tesla

Market Cap: US$817.3b

Designs, develops, manufactures, leases, and sells electric vehicles, and energy generation and storage systems in the United States, China, and internationally.

Gentherm

Market Cap: US$734.5m

Designs, develops, manufactures, and sells thermal management and pneumatic comfort technologies in the United States and internationally.

Dorman Products

Market Cap: US$3.4b

Supplies replacement and upgrade parts for the motor vehicle aftermarket industry in the United States and internationally.

WeRide

Market Cap: US$2.7b

An investment holding company, provides autonomous driving products and services for mobility, logistics, and sanitation industries in the People’s Republic of China.

PHINIA

Market Cap: US$1.6b

Engages in the development, design, and manufacture of integrated components and systems.

BorgWarner

Market Cap: US$5.7b

Provides solutions for combustion, hybrid, and electric vehicles worldwide.

Mingteng International

Market Cap: US$24.6m

Engages in the design, development, production, assembly, testing, repair, and after-sale service of automotive molds in the People’s Republic of China.

Sypris Solutions

Market Cap: US$41.0m

Engages in the provision of truck components, oil and gas and water pipeline components, and aerospace and defense electronics primarily in North America and Mexico.

Lucid Group

Market Cap: US$7.4b

A technology company, designs, engineers, manufactures, and sells electric vehicles (EV), EV powertrains, and battery systems.

Rivian Automotive

Market Cap: US$13.5b

Designs, develops, manufactures, and sells electric vehicles and accessories.

China Automotive Systems

Market Cap: US$111.6m

Through its subsidiaries, manufactures and sells automotive systems and components in the People’s Republic of China, the United States, and internationally.

REE Automotive

Market Cap: US$70.5m

Operates as an automotive technology company in France, the United Kingdom, the United States, and internationally.

Envirotech Vehicles

Market Cap: US$4.3m

Manufactures and provides zero-emission electric vehicles in the United States.

Massimo Group

Market Cap: US$111.8m

Through its subsidiaries, manufactures and sells utility terrain vehicles, all-terrain vehicles, and pontoon and tritoon boats in the United States.

LCI Industries

Market Cap: US$1.9b

Manufactures and supplies engineered components for the manufacturers of recreational vehicles (RVs) and adjacent industries in the United States and internationally.

Adient

Market Cap: US$914.0m

Engages in the design, development, manufacture, and market of seating systems and components for passenger cars, commercial vehicles, and light trucks.

Lear

Market Cap: US$4.2b

Designs, develops, engineers, manufactures, assembles, and supplies automotive seating, and electrical distribution systems and related components for automotive original equipment manufacturers in North America, Europe, Africa, Asia, and South America.

EZGO Technologies

Market Cap: US$1.8m

Designs, manufactures, rents, and sells e-bicycles and e-tricycles in the People’s Republic of China.

Aptiv

Market Cap: US$11.6b

Engages in design, manufacture, and sale of vehicle components in North America, Europe, the Middle East, Africa, the Asia Pacific, South America, and internationally.

Hesai Group

Market Cap: US$1.6b

Through with its subsidiaries, engages in the development, manufacture, and sale of three-dimensional light detection and ranging solutions (LiDAR) in Mainland China, Europe, North America, and internationally.

XPeng

Market Cap: US$18.8b

Designs, develops, manufactures, and markets smart electric vehicles (EVs) in the People’s Republic of China.

Winnebago Industries

Market Cap: US$840.8m

Manufactures and sells recreation vehicles and marine products primarily for use in leisure travel and outdoor recreation activities.

Autoliv

Market Cap: US$6.4b

Through its subsidiaries, develops, manufactures, and supplies passive safety systems to the automotive industry in Europe, the Americas, China, Japan, and rest of Asia.