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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. or North America presence.

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

Supply Chain Matters

Transportation prices reportedly contracted for the tenth consecutive month, but authors pointed to a lessened rate in the April data. 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.

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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. of FedEx Corp.

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

ToolsGroup

Increased Shipping Costs, Delays, and Transportation Issues. 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. Increased Shipping Costs, Delays, and Transportation Issues. Department of Transportation ). IDC via IEEE Spectrum).

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Bayer Crop Science’s Next Wave of Logistics and Distribution Transformation

BlueYonder

We have four main regions in the organization: North America, Latin America, Europe, and APAC. These are the four capabilities for Bayer to achieved globally by 2025. The plan is to get these journeys completed by 2025. What’s next in this journey? The transformation is happening across the globe.