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New Developments Among Electric Vehicle Automotive Players

Supply Chain Matters

EV producer Tesla reported a setback in quarter over quarter vehicle production and delivery performance. The EV auto maker reported quarterly deliveries amounted to 254,695 cars in Q2. That delivery number compared with the 310,048 reported deliveries in the first quarter of this year. Volkswagen.

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

ToolsGroup

82% of people have concerns that the supply chain will ruin life plans, such as birthdays, vacations, holidays, and the purchasing of necessary items. 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. Material Handling & Logistics ). McKinsey ).

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Foxconn’s $170 Million Investment in Lordstown Motors- Perspectives

Supply Chain Matters

Supply Chain Matters highlights a report indicating that a well know global contract manufacturer is making equity plays in a U.S. The Wall Street Journal has reported ( Paid subscription or metered view ) that the globe’s largest contract manufacturing services provider is deepening its equity and process design investment in U.S.