EV alliances, such as the one announced by Honda and Nissan, will be crucial for automakers' balance sheets and longevity.
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| | | | | Tuesday, March 26, 2024 | | | | | | | Advertisement |
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Suppliers face a complex middle ground in the ICE-to-EV shift. As the industry moves to EV technologies, demand for ICE components remains high, and the magnitude of the transition in a short timeframe means unprecedented challenges ahead. From operational overhauls to financing and grant sourcing, the impact can’t be overstated. For suppliers, no two paths will be the same. Use these key considerations to chart yours.
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