U.S. Automobiles Strong Balance Sheet Stocks

Elektros

Market Cap: US$2.9m

Engages in the motor vehicles and passenger car bodies business.

Autoliv

Market Cap: US$9.5b

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

Massimo Group

Market Cap: US$114.9m

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

Patrick Industries

Market Cap: US$3.7b

Manufactures and distributes component products and materials for the recreational vehicle, marine, powersports, manufactured housing, and industrial markets in the United States, Mexico, China, and Canada.

Motorcar Parts of America

Market Cap: US$292.2m

Manufactures, remanufactures, and distributes heavy-duty truck, industrial, marine, and agricultural application replacement parts in the United States.

Niu Technologies

Market Cap: US$349.3m

Designs, manufactures, and sells electric scooters in the People's Republic of China, Europe, and internationally.

Worksport

Market Cap: US$21.7m

Together with its subsidiary, designs and distributes truck tonneau covers in Canada and the United States.

NIO

Market Cap: US$14.6b

Designs, develops, manufactures, and sells smart electric vehicles in China, Europe, and internationally.

Phoenix Motor

Market Cap: US$8.9m

Designs, develops, manufactures, assembles, and integrates electric drive systems, and light and medium duty electric vehicles in the United States.