SOUTHFIELD, MI—The rapid growth of the hybrid and electric vehicle segment could potentially cause material demand to outpace supply from 2025, claims a new report from IHS Markit.
Over the next decade, tens of millions of batteries will be necessary to keep up with skyrocketing demand for electric vehicles. A new breed of supersized battery factories must deploy state-of-the-art automation while harnessing advanced supply chain strategies.
The automotive industry is evolving toward new types of tire technology to meet the unique challenges of electric and autonomous vehicles. Long-time suppliers such as Bridgestone, Continental, Goodyear, Michelin and Pirelli, which have made rubber products since the dawn of the horseless carriage era, are scrambling to adapt to 21st century demands.
Battery thermal management is a huge challenge in electric vehicles. In addition to increasing the risk of fire, high temperatures can have a direct influence on range. By efficiently controlling EV temperature levels, battery range can be maximized.
GREER, SC—Proterra Inc. is investing $76 million to build a new assembly plant here to make batteries for electric commercial vehicles, such as buses and delivery trucks. The 327,000 square foot factory is expected to employ more than 200 people over the next several years.
The Schaeffler Group is a family-owned German auto parts manufacturer that supplies automakers around the world. Like many companies, it is shifting its product portfolio to electric vehicles.