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Rivian and Lucid Supply Chain and Production Challenges Continue

Supply Chain Matters

Electric vehicle start-ups Rivian Automotive and Lucid Group having reported Q4 and 2023 full year financial and operational performance, continue to show signs of supply chain and production challenges. A management presentation indicated that liquidity is sufficient to carry the company into 2025. Net loss was reported as $2.8

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ERP Aids Your Sustainability Initiatives

QAD

In 2020, Biogen committed to transitioning to an all-electric vehicle fleet by 2025 and joined the EV100 partnership to help catalyze change. We will see the continued adoption of a wide range of sustainability efforts across manufacturing verticals, from automotive to food and beverage to life sciences.

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4 Crucial Commodities to Watch in 2023

Resilinc

Due to electric vehicle (EV) production, demand for cobalt is expected to increase 293% by 2025. This means in order to meet the growing demand, lithium production must increase from 737,000 metric tons to more than 3 million tons by 2030 ( Washington Post ). Now, the leading use of cobalt is rechargeable battery electrodes.

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100+ Supply Chain Crisis Statistics: Raw Materials, Covid-19, Labor Shortages, and More

ToolsGroup

49% of respondents were from the manufacturing industry, 16% from the mechanical engineering sector, and 11% from the automotive market. The auto industry makes up less than 9% of chip demand by revenue, and that figure is expected to increase by 10% per year until 2025. Automotive News Europe ). Consultancy UK).

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Top 5 Supply Chain Disruptions to Semiconductors 2023

Resilinc

Overall, the supply of semiconductors and materials should improve in the automotive sector. In July, TSMC had to postpone the plant opening in Arizona until 2025 due to labor shortages. According to J.P. Morgan , the chip shortages will continue through the end of 2023 into 2024. Both are costly and time-consuming endeavors.

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Ford Motor Moves Deeper Into Supply Network Vertical Integration

Supply Chain Matters

based Albemarle providing upwards of 100,000 metric tons of battery grade lithium hydroxide to supply 3 million Ford EV batteries starting in 2026. A supply agreement starting in 2025 involves EnergySource Minerals and Compass Minerals , for lithium supply to be produced in California and Utah. These agreements include U.S.

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Offering Prayers While Looking Down the Barrel of a Gun

Supply Chain Shaman

In a briefing last month with SupplyOn (a value network in the automotive industry), I saw progress on the tracking of serial codes and quality information in the automotive industry. Lora wrote the books Supply Chain Metrics That Matter and Bricks Matter , and is currently working on her third book, Leadership Matters.