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Supply Chain Matters News Capsule Update September 18 2023

Supply Chain Matters

Plans reportedly call for the facility to be operational by 2027. Inflation Reduction Act , which fosters consumer incentives to purchase EV vehicles if 50 percent of major battery components are produced in North America. Thomas, Ontario , upwards of a two hour drive from Detroit.

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Volkswagen Selects Canada for North America Battery Production

Supply Chain Matters

Supply Chain Matters continues to highlight announcements being made by global auto manufacturers regarding supply network moves to support domestic and regional EV production and supply network needs. Global automotive maker Volkswagen announced this week its decision to construct a battery production plant in Canada.

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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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Top 10 Logistics Trends That Could Impact Supply Chains in 2022

Locus

The last mile delivery market size in North America is expected to grow by USD 59.81 Technavio, Last Mile Delivery Market in North America by Service and Geography – Forecast and Analysis 2021-2025, Jan 2021. The growth in e-commerce purchases has increased the demand for returns through the same channel.

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Added Information to Report of Volkswagen Battery Plant Investment in Canada

Supply Chain Matters

Background In a published Supply Chain Matters posting in March, we informed our readers that global automotive manufacturer Volkswagen announced that it was investing in a battery production site in Canada to support North America electric vehicle assembly needs. Inflation Reduction Act. or from certain friendly nations.

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How the Inflation Reduction Act’s EV Tax Credit Will Reshape Supply Chains

QAD

The automotive industry is undergoing a massive technological transformation toward vehicle electrification and the shift presents huge opportunities for manufacturers that do business in the US, especially since the passage of the Inflation Reduction Act in August 2022. What’s in the Inflation Reduction Act’s New Clean Vehicle Credit?