Friends, Four years ago, our first issue of the Automotive Supply Chain Risk Digest was sent to twelv
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February 19 · Issue #210 · View online
Weekly highlights of the events that impact supply chain risk within the automotive industry.
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Friends, Four years ago, our first issue of the Automotive Supply Chain Risk Digest was sent to twelve people. 🎂 Nearly 5000 links later, we’re very proud to celebrate our 210th issue. 🎉 We’ve certainly appreciated you for sharing our publication with your colleagues. The growth of this newsletter has been all due to you. Thank you for your loyalty, dedication, and for subscribing to Elm Analytics’ Automotive Supply Chain Risk Digest. Cheers! Tor, Steve, Nick, and the rest of the team at Elm Analytics
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Jaguar Land Rover parent Tata Motors has named former Daimler executive Marc Llistosella as its new CEO. Llistosella will take over for current CEO Guenter Butschek in July.
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Ford is planning to only sell EVs in Europe by 2030. Their first European-built all-electric vehicle will start rolling off lines, in Cologne, Germany beginning in 2023.
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Regulatory filings reveal that Ford sold its stake in Velodyne Lidar at the end of 2020.
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Bosch is teaming with Microsoft to develop a software platform to use in-vehicle prototypes by the end of 2021. It will provide wireless updates to vehicles’ control units and computers throughout their lifetime.
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EV battery startup Italvolt is investing $4.9B into a new lithium-ion battery factory in Italy.
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Toyota temporarily suspended production at nine factories in Japan for a few days this week due to an earthquake that hit Japan’s northeast last week. While the quake didn’t affect any of Toyota’s plants, it has affected some of the automaker’s suppliers, which has led to parts delays.
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GM canceled shifts at its plants affected by the winter storm this week, affecting 8k workers across four US assembly plants.
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Toyota is investing $210M into its engine plant in Buffalo, West Virginia, to increase the production of I-4 engines. The production increase will also create 100 new jobs at the plant.
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Analyst firm LMC says the ongoing semiconductor shortage has cost the auto industry at least 450k units of lost production in January and February. Managing director Pete Kelly added that the deficit would linger but ultimately be unlikely to affect annual output.
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Volkswagen says it is an “unintended victim” in a trade secrets battle between battery suppliers SK Innovation and LG Chem and asked the US government for a four-year reprieve that would allow them to continue buying batteries from SK Innovation.
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The Biden Administration will review key US supply chains in a 100-day review process. The effort will focus on manufacturing supply chains that use semiconductors, high-capacity batteries, and rare earth metals.
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German COVID-19 travel restrictions at the Czech border are disrupting BMW and VW supply chains.
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