Tesla has already booked 10 billion dlrs in orders for its Model 3 electric SUV, the company's founder and CEO, Elon Musk, said in a Twitter posting. The total is made up of 276,000 individual order bookings for the car, which hasn't yet been built.
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A squeeze on automotive suppliers, together with the adaptation of new technology, will lead some major players to play a bigger role in overall vehicle development cycles, especially in shaping customer user experiences
As OEMs and automotive parts suppliers see their margins decline, cost pressures are going to increase on logistics operations and service providers further down the supply chain
As OEMs look to reduce production costs and manage more complexity, automotive suppliers will face challenges. But with more EV models in the pipeline, many have the opportunity to grab a larger piece of the pie both for manufacturing and supply chain management.
