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Peril of EV Start-Ups: Fisker’s Investor Warning

Supply Chain Matters

Since that time, the company’s first model was subsequently outsourced to industry contract manufacturing services provider Magna Steyr utilizing a production facility located in Austria. Shipping new vehicles from Austria to the U.S. market also comes with logistical challenges, hence the stated need for a U.S.

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Global Manufacturing Activity Levels Continue to Stabilize in March and Q1-2023

Supply Chain Matters

However, we discern some added signs excess inventories and of production sourcing shifts. Source: S&P Global, April, 2023 Highlights of Regional Reporting Developed Regions Eurozone The S&P Global Eurozone Manufacturing PMI® fell again in March to a value of 47.3 compared to the February value of 48.5,

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Global PMI Levels in July Remain of Concern

Supply Chain Matters

Morgan indicated in part: “ Near-term forward looking indicators also headed lower, most notably the finished goods orders-to-inventory ratio which fell further below 1,0 from an already contractionary reading.” Source: S&P Global and Other Sources. Germany’s July PMI activity level was the worst performance since May 2020.

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Global Manufacturing Activity Levels Stabilize in February

Supply Chain Matters

Countries experiencing sequential monthly lows were noted as France, Austria and Germany , the latter recording a 46.3 Report authors however, qualified that the domestic market demand was the prime source of activity growth. Counties reaching new highs were noted as Italy, noted as reaching a ten month high, Greece, Ireland and Spain.

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Three Months after Tianjin, the Area is Still Reeling.

Elementum

The company saw huge inventory and other factory investment losses in the explosion. New productions are also in line in Slovakia, Austria and Brazil. It is also ranked as Northern China's largest port for export of hazardous chemicals and the primary logistics hub for the majority of cargo transportation in the region.

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September and Q3 Global PMI Levels Remain in Contraction

Supply Chain Matters

Reportedly, destocking activities increased with finished product and raw materials inventories decreasing by the end of the quarter. Reportedly, with the exception of Greece , all other EU countries registered PMI declines, with Germany and Austria having the fastest rates of production declines. was relatively unchanged from the 49.0

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Global Wide Production PMI Levels Unchanged in February 2024

Supply Chain Matters

India again led all other regions, while Germany and Austria remain at highest levels of PMI contractionary levels. We view such an indicator as clear evidence that sourcing for lowest cost manufacturing is again apparent among multi-industry supply networks. Contrasting Reporting for U.S.