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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. or North America presence. Some Broader Context. GM’s Latest Financial Performance.

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Global Supply Chains — A Source of Strength

Enterra Insights

3] Following year-long discussions about supply chain resilience, the Economist reminds us, “Resilience comes not from autarky but from diverse sources of supply.”[4] percentage points each year through 2025, representing a nearly $10 trillion increase versus a status quo scenario.”

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Additional Investment in US Based Automotive EV Supply Networks

Supply Chain Matters

Supply Chain Matters highlights an additional strategic sourcing announcement involving the future production of electric powered autos and vehicles in North America. Announcement. South Korea based LG Chem announced this week a planned $3.2 The facility reportedly will supply battery component needs for U.S. and other global regions.

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Ocean Risk Management part 2: Navigating Global Shipping Alliance

The Logistics & Supply Chain Management Society

History of Alliances in Container Shipping Source: Port Economics, Management and Policy What are Global Shipping Alliances (GSAs) in the shipping industry? The alliance was formed in 2014 and covers major shipping routes between Asia, Europe, and North America. The 2M alliance will be disbanded in 2025.

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This Week in Logistics News (July 3 – 9)

Logistics Viewpoints

Prime Minister Yoshihide Suga said it was essential to prevent Tokyo, where the highly infectious Delta COVID-19 variant was spreading, from becoming the source of another wave of infections. As early as 2025, at least 50 percent of new Porsches sold will include an electric drive.

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Supply Chain Matters News Capsule Update September 18 2023

Supply Chain Matters

There were plans to have 12 GTF engine overhaul shops globally and add an additional seven by 2025. Inflation Reduction Act , which fosters consumer incentives to purchase EV vehicles if 50 percent of major battery components are produced in North America. These timelines are reportedly being accelerated where possible.

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Mexico sees solid manufacturing growth, courtesy of nearshoring

Resilinc

OEMs are building up their supply networks in America’s southern neighbor to nearshore their supply networks closer to the U.S. market and secure redundant sources of supply. Mexico is seeing strong growth in manufacturing. Due to strong U.S. Toy maker MGA Entertainment recently opened two factories in Juarez, but “is keeping its U.S.