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.
Industry insiders see an automotive landscape emerging where traditional players increasingly have to compete with nimble new market entrants. Moreover, disruption is pre-programmed as electrification may well put at risk the huge market for automotive components and systems now geared to combustion engines. And analysts predict that battery producers, a new category of automotive players, are going to emerge as key suppliers in the era of electrified propulsion.
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Automotive companies are among the biggest spenders on the digitalization of their supply chains, but a new study finds that they suffer from a lack of transparency when it comes to capturing costs.
Volkswagen plans a pilot project that will use blockchain technology to gain greater transparency in its global supply chain.
The US Department for Homeland Security sees risks in the supply chain increasing, including for the aumotive industry
The Mercedes-Benz Formula E racing team will use the SAP Hana platform and other SAP software as it prepares for the first all-electric race of the season November 22 in Diriyah, Saudi Arabia, the German business software group said.
ZF is planning a joint venture for the production of electric motors and components with China’s Wolong Electric.
Volvo Cars says it will become the first carmaker to use blockchain technology to trace the origin of the cobalt it buys for its batteries.
