GM changes strategy in the scramble for secure battery and chip supply
By Jason Dunn2021-08-26T16:51:00
GM is looking for supplier partnerships to secure the supply of semiconductors and lithium-ion batteries as the automotive industry battles post-pandemic supply shortages and prepares for its electric future
The global semiconductor shortage crisis has led to a total reevaluation within the industry and a search for new partnerships between the automotive and semiconductor industries. The automotive and electronics supply chains are increasingly interconnected but there still needs to be greater transparency beyond the tier one supplier level.
GM is now reorienting its production strategy with greater transparency in mind and as a means to secure essential materials and components. “It really is an end-to-end, total value chain look that we’re taking to position ourselves for the future,” said Steve Carlisle, GM’s executive vice-president and president of GM North America, speaking at the recent JP Morgan Auto Conference.