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How electric vehicles are transforming supply chain dynamics

How electric vehicles are transforming supply chain dynamics

FromAuto Supply Chain Prophets


How electric vehicles are transforming supply chain dynamics

FromAuto Supply Chain Prophets

ratings:
Length:
27 minutes
Released:
Nov 27, 2023
Format:
Podcast episode

Description

At the heart of The Prophets’ vision are “The 24 Essential Supply Chain Processes.” What are they? Find out, and see the future yourself. Click here In this episode of the Automotive Supply Chain Prophets podcast, hosts Terry Onica and Jan Griffiths converse with Michael Robinet, Executive Director at S&P Global Mobility. They discussed recent disruptions in the automotive supply chain and the impending challenges transitioning from Internal Combustion Engine (ICE) to Battery Electric Vehicles (BEV).Michael breaks down the industry complexities, talking about the challenges like making electric cars affordable, the unclear timeline for widespread use, and the evolution of autonomous vehicles. The episode shifted its focus to the potential impact on lower tiers of the supply chain, discussing concerns about the readiness and strategies of suppliers. The conversation also explores the global landscape of BEV adoption, focusing on major markets, each progressing at its own pace due to varying factors.Additionally, attention is drawn to the changing dynamics in the automotive market, where traditional OEMs face competition from new entrants, especially from China, leading to shifts in global market volumes. The episode underscores the significance of careful planning, scenario analysis, and attention to supply chain details. It highlights the need for operational efficiency and diversifying customer bases as essential survival strategies for suppliers in the changing automotive industry.Themes discussed in this episode:Automotive supply chain disruptionsImpact of the disruptions on both OEMs and suppliersGlobal landscape of BEV adoptionTransition from ICE to BEVImpact of the massive transition to lower tiersCompetitive dynamics and new entrantsStrategic planning and operational efficiencyFeatured on this episode: Name: Michael RobinetTitle: Executive Director, S&P Global MobilityAbout: Michael is the Executive Director at S&P Global Mobility Consulting. With over three decades of experience, Michael is a leader and innovator in automotive research. In his role, he collaborates with decision-makers in supplier strategy, global production forecasting, and analyzing sourcing and production strategies for entities across the global auto ecosystem.Connect: LinkedInMentioned in this episode:NAFTAPlante Moran studyEpisode Highlights:[02:29] Automotive industry’s shift to electric mobility: Michael discusses the ongoing transition from Internal Combustion Engine (ICE) to Battery Electric Vehicles (BEV) and the global challenges and opportunities it brings. Michael provides insights into the industry's journey, addressing disruptions, regional variations, and the crucial role of affordability in shaping the future of electric mobility.[08:57] Supply chain transformation: An exploration of the automotive industry's future where emerging players like BYD and VinFast are
Released:
Nov 27, 2023
Format:
Podcast episode

Titles in the series (56)

We really can’t predict the future … because nobody can. What we can do, though, is help auto manufacturers recognize, prepare for, and profit from whatever comes next. Auto Supply Chain Prophets gives you timely and relevant insights and best practices from industry leaders.