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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

Global automotive maker Volkswagen announced this week its decision to construct a battery production plant in Canada. Plans reportedly call for the facility to be operational by 2027. This facility, which will represent VW ’s first battery production facility outside of Europe , is to be located in the city of St.

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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. Plans reportedly call for the facility to be operational by 2027.

Canada 52
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Musk's Electric-Car Vision Doubted by Major Auto-Parts Suppliers

Material Handling & Logistics

Executives at five of the 25 biggest suppliers to automakers in North America have all downplayed this month expectations for electric-vehicle sales. the top parts supplier in North America by sales, sees pure electric cars being between 3% and 6% of global new vehicle deliveries by 2025. Magna International Inc.,

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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% billion in 2027. Consultancy UK). Source: Consultancy.UK. Financial Times). Nikkei Asia ).

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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. That’s right.