Elm Analytics - Automotive Supply Chain Risk Digest #261 - February 4 - 10, 2022
automotive-risk-digest.elmanalytics.com
CLOSING Honda has reportedly ended vehicle production at its assembly plant in Sayama, Japan, as part of its shift to EV production. The plant will still produce some vehicle parts. EXPANDING Volvo will spend $1B to revamp its Torslanda plant in Sweden to produce EVs. As Volvo's oldest and largest plant, it will begin mega-casting aluminum body parts. The process, also used by Tesla, creates less scrap with fewer component pieces.
Elm Analytics - Automotive Supply Chain Risk Digest #261 - February 4 - 10, 2022
Elm Analytics - Automotive Supply Chain Risk…
Elm Analytics - Automotive Supply Chain Risk Digest #261 - February 4 - 10, 2022
CLOSING Honda has reportedly ended vehicle production at its assembly plant in Sayama, Japan, as part of its shift to EV production. The plant will still produce some vehicle parts. EXPANDING Volvo will spend $1B to revamp its Torslanda plant in Sweden to produce EVs. As Volvo's oldest and largest plant, it will begin mega-casting aluminum body parts. The process, also used by Tesla, creates less scrap with fewer component pieces.