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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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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.,