DETROIT—General Motors plans to market EV components to commercial customers, including companies that manufacture off-highway vehicles such as airport ground support equipment (pictured above).
SOUTHFIELD, MI—The rapid growth of the hybrid and electric vehicle segment could potentially cause material demand to outpace supply from 2025, claims a new report from IHS Markit.
Over the next decade, tens of millions of batteries will be necessary to keep up with skyrocketing demand for electric vehicles. A new breed of supersized battery factories must deploy state-of-the-art automation while harnessing advanced supply chain strategies.
The automotive industry is evolving toward new types of tire technology to meet the unique challenges of electric and autonomous vehicles. Long-time suppliers such as Bridgestone, Continental, Goodyear, Michelin and Pirelli, which have made rubber products since the dawn of the horseless carriage era, are scrambling to adapt to 21st century demands.