Our aim is to offer guidance on the ever-changing decision-making processes in the electronics sector and become the "go-to" guide for industry professionals looking to source top components.
SDVerse, a US joint venture, unveiled the world’s first B2B online marketplace for software products in the automotive industry in Detroit on 30th September 2024. FEV, a global engineering services provider, supports the platform’s founding members General Motors, Magna, and Wipro as a launch partner with more than 30 of the company’s software products. These
When it comes to sourcing automotive-grade electronic components, engineers must be mindful not only of the availability of parts but also of their quality, reliability, and compliance with strict safety standards. The components used in vehicles, whether for engine control units (ECUs), infotainment systems, or advanced driver assistance systems (ADAS), are crucial to the overall
The automotive industry is navigating an unprecedented semiconductor shortage, driven by a confluence of factors ranging from the COVID-19 pandemic to geopolitical tensions. For procurement professionals tasked with ensuring continuity in production and product innovation, understanding where and how to source these chips is an important part of their roles. Direct sourcing from manufacturers Sourcing
Last month, we examined if the EV push could be unraveling. This month, I’ll explore evidence that indicates EVs are picking up momentum globally. In this counterpoint article, let’s forget about the new EPA regulations and mandates for now while taking in adoption rates, what’s driving EV demand, rapid technology advances, and just how easy
We’ll explore the evidence that suggests it is. Stay tuned for January’s piece, when we’ll dive into the technology working to make it happen. There’s increasing evidence that the Biden Administration’s EV push may unravel. The administration’s regulations seem to necessitate an increase in EV sales from 8.5% to 67% of all U.S. auto sales
The automotive industry has faced significant challenges due to the impact of the COVID-19 pandemic on semiconductor chip availability, causing widespread disruptions across the sector and the global economy. However, as we approach mid-2023, the situation has stabilized, and the auto industry has adjusted to a new normal. While the shortage of semiconductor chips that
There’s an unprecedented supply chain transformation happening in the automotive industry. On the electric vehicle side (EVs), experts estimate that manufacturers will spend more than $1.2 trillion through 2030, creating millions of electric vehicles. However, the existing supply chain for internal combustion engines (ICE) still won’t disappear. There are two separate supply chains, and while
According to a recent Reuters article, Global supply chain stress at 18-month low in July, NY Fed’s index at its lowest level since January 2021. However, that is not across the board. A major exception is the automotive industry supply chain. There are few industries as complex as automotive regarding supply chains. Normal supply and
In a recent Fox Business report, Elon Musk cites major industry-wide supply chain price pressure for raw materials and semiconductors for a string of price hikes on his Tesla Model 3 and Model Y. Tesla instituted production suspensions earlier this year based on parts shortages. Tesla is not alone. Expectations are that the automotive segment
