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Volta Truck's Electrifying Comeback to EV Business

Volta Truck's Electrifying Comeback to EV Business

FromAuto Supply Chain Prophets


Volta Truck's Electrifying Comeback to EV Business

FromAuto Supply Chain Prophets

ratings:
Length:
23 minutes
Released:
Apr 8, 2024
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 Auto Supply Chain Prophets podcast, hosts Jan Griffiths and Terry Onica welcome Shiv Tailor, the VP of Enterprise Technology for Volta Trucks, to discuss the challenging journey of a startup in the electric vehicle (EV) industry and Volta Trucks' comeback to the EV business.Shiv brings exciting news that Volta Trucks is back in action and is preparing to launch its electric commercial vehicles in Europe by the end of this year. Reflecting on Volta's journey, Shiv emphasizes the lessons learned. He stresses the importance of focusing on customer needs and the business's core value proposition.Shiv advises startups entering mass production to pay attention to detail, from supply base maturity to financial planning. He also points out the significance of optimizing processes, nurturing strong relationships with partners, and prioritizing workforce well-being for operational success.Shiv highlights the importance of QAD's comprehensive training course based on 24 essential supply chain processes, which helped them align their team's understanding of the supply chain and automotive best practices.Sharing his perspective on quality management, Shiv advocates partnership-driven relationships with suppliers and shares Volta's proactive approach to ensure product quality and reliability.Shiv explores the critical role of IT and data strategies in managing supplier collaborations and enhancing operational efficiency. They discuss the significance of technology in fostering transparency, streamlining processes, and driving innovation, with Shiv sharing insights on Volta's approach to leveraging emerging technologies like Gen AI.The episode ends with Shiv's advice for EV startups and pioneers, urging them to focus on what truly matters for the business's success.Themes discussed in this episode:The challenges startups face in starting a business in the EV sectorFocusing and aligning with customer needs to drive success in the automotive industryLessons learned from Volta Trucks' revival, emphasizing the value of streamlining operations and identifying core value propositionsThe complexities of mass production, including the need for robust supply chain maturity, adequate capital, and efficient processesThe critical role of relationships and collaboration with suppliers in ensuring successful production outcomesCollaborating to develop quality standards and ensuring quality in productionThe significance of technology and data strategies in managing supplier collaborations and enhancing operational efficiencyThe potential of emerging technologies like AI to drive innovation and improve customer experienceFeatured on this episode: Name: Shiv TailorTitle: VP Enterprise Technology at Volta TrucksAbout: Shiv Tailor, VP of Enterprise Technology at Volta Trucks, drives digital transformation and agile strategies for the company's mission to enhance urban sustainability with fully electric trucks. With a decade of automotive industry experience, Shiv's expertise spans telecommunications, electronic engineering, project governance, program delivery, and lean manufacturing. Under his leadership, Volta Trucks has swiftly implemented Salesforce, ERP, and PLM systems, facilitating the successful launch of nine products across various platforms.Connect:
Released:
Apr 8, 2024
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.