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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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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. – Statista, 4PL market size from 2018-2027, Jun 2020. billion U.S. dollars by 2025.

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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. or from certain friendly nations.

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Musk's Electric-Car Vision Doubted by Major Auto-Parts Suppliers

Material Handling & Logistics

“There’s a lot of buzz and a lot of talk about how the world’s going to change to electrified vehicles overnight, and I’m here to tell you it’s not going to happen overnight, and it’s not going to happen for decades,” said David Dauch, CEO of American Axle & Manufacturing. The parts manufacturers aren’t in complete denial.

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

ToolsGroup

49% of respondents were from the manufacturing industry, 16% from the mechanical engineering sector, and 11% from the automotive market. Automotive News Europe ). Air cargo carriers in North America posted an 11.4% million jobs critical to the supply chain and manufacturing industry will remain unfilled by 2030.

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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?