Discover more from Automotive Supply Chain Risk Digest
Elm Analytics - Automotive Supply Chain Risk Digest #203 - December 25 - 31, 2020
Automotive News: Top stories of 2020
The Detroit Bureau: 2020 Will Be a Year for the Record Books — Even if You'd Prefer to Forget it
In 2020, automakers expanded existing locations, built new plants, and retooled factories, despite looming uncertainty in 2020.
Volkswagen may be deploying some EV charging robots as early as next year. The robots would be launched by an app or Car-to-X communication protocols and work in restricted parking areas.
Analysts predict Nio, Xpeng, and Li will challenge Tesla's EV thrown in China this year.
The US International Trade Commission is investigating whether Volkswagen infringed on patents held by Jaguar Land Rover relating to an off-road driving system.
MERGERS, VENTURES, ACQUISITIONS
Next year, Panasonic will spend tens of millions to produce a prototype production line for its new 4680 batteries for Tesla. The batteries are expected to have 5X the energy density and 6X the power of Tesla's current batteries.
FCA will upgrade its plant in Tychy, Poland, to start making EVs by mid-2022. The cost of the investment and the potential number of jobs created is currently unclear.
CATL will build three new battery plants in China. The move will add upwards of 120GWh of capacity.
BMW is expecting to build around 250k more EVs "than originally planned" between 2021 and 2023.
China is looking to build one or two iron ore mines overseas to bring in over 20% of its imports by 2025. They will also ban new steel capacity at home and increase its top five steel mills' output to 40% of total output.
The US Department of Commerce ruled that tires from South Korea, Taiwan, Thailand, and Vietnam will be subject to preliminary antidumping duties from 5% to 217%.
Tariff exclusions that shielded many American companies from paying extra taxes on imports from China are set to expire today.
Japan's new "green growth strategy" is to eliminate gasoline-powered vehicles in the 15 years. The strategy is part of its goal to eliminate its net carbon emissions by 2050.
Following a suite of initiatives rolled out in April, more than 1,700 Japanese owned companies and manufacturers have pulled out of China. The $2.35B in Tokyo subsidies is encouraging companies to head home or expand elsewhere in Southeast Asia.
Britain's Parliament resoundingly approved a new trade deal with the EU this week.
Apart from changes in trade, Brexit will have other effects on UK residents, such as how they travel and where they can work.
The UK has also signed a trade deal with Turkey. One focus of the negotiation was protecting automotive supply chains.
Despite reaching a draft UK-EU trade deal last week, there is still concern that more manufacturers may shut down their UK plants.
Analysts believe the ocean container demand spike will continue past the Chinese New Year and into the spring.