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

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.

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. Some Broader Context. We want to lead the transformation.”. or North America presence.

article thumbnail

New Developments Among Electric Vehicle Automotive Players

Supply Chain Matters

In this Supply Chain Matters posting we provide highlights of manufacturing and supply chain developments involving electric vehicle automotive producers at the 2022 mid-year point. Battery cell production will reportedly begin in 2025 at the Salzgitter , Germany facility, which will serve as the standardized model for future factories.

article thumbnail

Transformation of Automotive Industry Supply Networks- Size, Resources and Supply Network Scale Matters

Supply Chain Matters

In prior Supply Chain Matters automotive industry supply network commentaries, we have highlighted the challenges of innovative EV powered start-ups such as Tesla , Lucid Motors and Rivian Automotive. GM is investing $7 billion toward production with a goal for having one million units in production by 2025. Background.

article thumbnail

The (Delayed) Rise of the Robotaxi

QAD

This is the future of transportation—but when will it arrive? . Because of this, automotive makers have been forced to prioritize electrification over other programs in order to comply with the quickly approaching timelines. There are no drivers in the car, not even a steering wheel.

article thumbnail

Labor Activism Turns to U.S. Automakers

Supply Chain Matters

GM is forecasting zero EV profits until 2025, and is counting on a minimum of and added $2 billion in cost-reductions to make the company’s profitability targets. Many auto companies like Ford and GM are currently losing money on early sales of EV models. In the specific case of Ford, it an estimated $4.5 billion loss on EV sales this year.