The global automotive market is competitive and volatile, and manufacturers and OEMs were already under pressure thanks to new market challengers such as Tesla, and consumer preferences shifting towards electric vehicles (EVs).
The global automotive market is competitive and volatile, and manufacturers and OEMs were already under pressure thanks to new market challengers such as Tesla, and consumer preferences shifting towards electric vehicles (EVs).
Now they’re also facing a global pandemic, with lockdowns, travel restrictions and greater financial uncertainty. Production plant managers are struggling to develop more efficient ways of carrying out day-to-day supply chain execution. Fortunately, technology is on hand to help tackle these challenges.
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As UK carmakers prepare to increase EV production and compete with cheaper Chinese imports, special care is needed to establish resilient and efficient supply chains
Vendigital’s automotive specialist Sheena Patel says proposed delay on rules of origin is a chance for carmakers in the UK and European Union to strengthen the EV supply chain
Professor John Manners-Bell explains that automotive supply chains are now developing more along political imperatives than economic ones
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