Crisis as a Catalyst for Change: How Suppliers Can Drive Performance and Returns on Investment in the Transition to EVs
Article three of a three-part custom-content series by FTI Consulting examining the push toward electric vehicles, the implications to the supply chain and the opportunities for automakers, suppliers and other companies throughout the value chain.
This is an extract from Automotive News, first published August 09, 2021. The whole publication is available at https://www.autonews.com/sponsored/crisis-catalyst-change-how-suppliers-can-drive-performance-and-returns-investment
"The automotive industry is at crossroads as it navigates what is forecast to be a decades-long transformation from being an industry that builds, sells and maintains vehicles powered by internal-combustion engines to one that increasingly includes a rich portfolio of vehicles powered by electricity.
The transition to electric vehicles (EVs) has clearly begun. However, the road to building the capabilities that can sustain an end-to-end global EV value chain is filled with potholes and unexpected turns that could prevent some companies from maximizing performance and returns on their investments."
Reprinted with permission of Automotive News, 2021