article thumbnail

Around the curve: 2020 automotive industry predictions

Kinaxis

by Manda Schweitzer-Miller With the pace of change in the automotive industry as of late, making any predictions seems a bold move. In order to maintain relevant, or gain relevancy, with that share of the market, automotive leaders will continue to invest and innovate in electric vehicles. billion connected devices by 2025.

article thumbnail

Forced Labor in the Automotive Supply Chain: What Car Companies Can Do

Resilinc

The report, titled “ Driving Force ” investigates automotive supply chains and forced labor in the XUAR. This includes raw materials such as steel, aluminum, and copper, as well as automotive parts like hood decals, brakes, tires, seat cushions, batteries, electric components, and more. automotive industry receiving US $11.5

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

General Motors Locks In Strategic EV Vehicle Supply for 2025

Supply Chain Matters

This week, in conjunction with General Motors reporting of Q2-2022 financial performance, the auto maker disclosed that it had secured strategic supply agreements to support one million electric powered vehicles in North America by 2025. A total of 30 GM EV models are planned for production by 2025 along with a doubling of revenues.

article thumbnail

Why 2021 Will Be A Breakout Year For Sustainable Manufacturing

IQMS

Bottom Line : In 2021 and beyond, customers are voting with their dollars for the manufacturers who excel at sustainable manufacturing and make a positive contribution to the environment, dominating B2B supply chains and B2C purchasing decisions. of all North American manufacturers have a sustainability policy in place, and 8.3%

article thumbnail

Additional Investment in US Based Automotive EV Supply Networks

Supply Chain Matters

based EV automotive production needs for Hyundai Motors and Ultium Cells , a joint venture involving LG Solutions and General Motors. production presence , along with other related moves from General Motors and Rivian Automotive. production presence , along with other related moves from General Motors and Rivian Automotive.

article thumbnail

China's Growing Role in the Automotive Industry

Elementum

As its role in the automotive supply chain has expanded, China has impacted key players; from domestic component manufacturers to the world’s biggest automakers. This may be attributed to China’s continuous investment in research and development, enabling them to overcome the technological barriers in manufacturing.

article thumbnail

Smart Manufacturing Trends to Expect in 2024

OptiProERP

With 2024 on the horizon, more manufacturers are adopting smart manufacturing technology. It is helping them capture benefits across the entire manufacturing value chain. Examples of intelligent factories include on-demand manufacturing and virtual inventories.