BMW has formed a technology consortium with battery developer Northvolt and Umicore, a producer of active materials for battery cells, to develop a complete and sustainable value chain for batteries for electric vehicles (EVs) in Europe.
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The advent of large-scale electric vehicle production could lead to a seismic shift in the way automotive supply chains operate. Relationships will change, new players will emerge and the auto industry’s procurement focus is likely to be radically altered.
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While much focus is put on OEM plans to launch more electric vehicles, a great deal of the technology, value, production and services will come from both existing and emerging suppliers across the value chain. We expect many new opportunities for these companies over the next decade.
German companies transporting goods all too often ignore the potential of digital technologies developed by startup companies, a new study found.
Robert Bosch wants to handle 85% of its global purchasing using cloud and platform technologies by 2021.
