Remove 2025 Remove North America Remove Procurement Remove Sourcing
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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. All rights reserved. .

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How Does Procurement Create Value? Insights from CPO Speakers at Zycus Horizons Conference

Supply Chain View from the Field

In addition to the procurement executives, I also got to meet Captain Dick Phillips, the captain of note in the film “Captain Phillips” We had a chance to talk about his experience, and he also presented to the group about the incredible experience he went through. Does procurement add to top line revenue.

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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.

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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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New Developments Among Electric Vehicle Automotive Players

Supply Chain Matters

Battery cell production will reportedly begin in 2025 at the Salzgitter , Germany facility, which will serve as the standardized model for future factories. There are added considerations for expanding this same supply network vertical integration model to North America.

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U.S. Freight Logistics Industry Recession Continues with Some Hopeful Signs

Supply Chain Matters

According to data from Bloomberg Intelligence , container trade for the Asia to North America segment fell 26 percent during Q1 of this year. Imports among the U.S. largest ports have been reportedly falling at double-digit rates for several months. Commentary Takeaways While the U.S.

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This Week in Logistics News (January 28 – February 3)

Logistics Viewpoints

It remains the largest corporate buyer of renewable energy, with a plan of powering its operations with 100 percent renewable energy by 2025 – a full five years ahead of its original target. The partnership will kick off by first sourcing Walmart’s California stores with Plenty’s leafy greens from its Compton farm.