Supply Chain Matters highlights a related development to our prior published blog: Volkswagen Reiterates Aggressive Electric Automobile Production Plans. That development is continued efforts by China based battery producers to secure longer-term supplies of all-important cobalt, an essential metal required in the design and production of rechargeable batteries.
Automotive Supply Chain
Volkswagen AG held its Annual Media Conference in Berlin this week and took the opportunity to reiterate the auto maker’s intention to expand the availability and production of electric powered vehicles globally on a massive scale. The industry implications of global scale and manufacturing savviness are about to confront the first-mover.
Supply Chain Matters brings visibility to when supplier-customer stakeholder interests collide- specifically Tesla and rechargeable battery supplier Panasonic.
President Donald Trump today announced his intention to impose steep global tariffs on U.S. steel and aluminum imports, contrary to counsel from some trade advisors. Such an action could likely have an added cost impact for many U.S. manufacturers and their associated inbound component costs that have relied on imports of steel and aluminum.
This week business network CNBC reported what can only be described as very disappointing news regarding the ongoing production ramp-up of the Tesla Model 3 automobile.