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EPA and White House Set Revised CO2 Targets for Automakers

QAD

This deliberation highlights the acute pressure original equipment manufacturers (OEMs) face in meeting near-term objectives, particularly those for 2026, deemed pivotal in the transition towards battery electric vehicles (BEVs). manufacturing prowess and reduce dependency on foreign components, particularly those sourced from China.

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The Biggest Manufacturing Industry Trends in 2022

Unleashed

As 2022 kicks in, the manufacturing sector is being shaped by technological change and the Covid-19 pandemic. Digital, connected and smart systems are on the rise, while at the same time manufacturers face challenges such as the ‘Great Resignation’ and clogged-up supply chains – as well as increasing demand for sustainable products.

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Inflation Reduction Act & What It Means for EV Production

QAD

With the Inflation Reduction Act of 2022, the US Internal Revenue Service (IRS) is issuing significant tax rebates for consumers, corporations, and government entities who hop into something battery-powered—incentivizing more consumers to trade their ICE vehicle in for a BEV over the next decade. Meets Battery Mineral Sourcing Requirements.

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EPA, White House in Talks to Push BEV Targets Back

QAD

In the evolving landscape of automotive regulation, the Environmental Protection Agency (EPA) is at a crossroads, with significant speculation about adjusting its vehicle emission targets for 2026 and beyond. manufacturing prowess and reduce dependency on foreign components, particularly those sourced from China.

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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. 28% of global retailers have tried to find alternative sourcing options due to supply chain issues (RetailNext, 2020). Source: Consultancy.UK. Image source: Fortune.

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U.S. Announces Samsung Electronics Incentives for Semiconductor Production

Supply Chain Matters

As in prior grants, this government funding is reportedly contingent upon due diligence and milestone performance monitored by the Commerce Department. Reportedly, Samsung is planning to have the two fabrication facilities to be operational in 2026 and 2027. Under the provisions of the U.S.

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The Economic Outlook for 2022 and Beyond Will Be Impacted by Supply Chain Issues

Logistics Viewpoints

To sum up the forecast, the Conference Board has forecast fast growth for this year, a bit higher than what would be considered normal growth through 2026, and they then see growth falling to traditional levels from 2027 through 2031. The Conference Board and the World Bank are the two organizations best known for global forecasting.