EV Industry Blog

Discover why should-costing is transforming supplier negotiations for automotive procurement professionals. In the fiercely competitive automotive industry, understanding the true cost of components isn't just beneficial—it's essential. Should-costing, a methodical, bottom-up analysis of what parts should cost based on materials, labor, overheads, and fair margins, provides procurement teams with a robust, data-driven foundation for supplier negotiations.

With the electric vehicle (EV) industry at the forefront of technological innovation, production is escalating at an extraordinary pace. As this sector continues to expand, the significance of reliable suppliers has become paramount for maintaining seamless operations.

The February 2025 explosion at Parker Lord’s Pennsylvania factory sent shockwaves through global supply chains, exposing the fragility of just-in-time manufacturing and highlighting the urgent need for supply chain resilience. Here's what happened and how businesses can prepare for future disruptions.

As the electric vehicle (EV) industry continues to grow, collaboration between EV companies and their suppliers is becoming increasingly vital. Collaborative innovation—where companies co-develop solutions with their supply chain partners—has emerged as a key driver of success in the competitive eMobility market.

The electric vehicle (EV) industry is experiencing rapid growth, driven by advances in technology, environmental concerns, and supportive governmental policies. Understanding the intricate EV supply chain is crucial for industry stakeholders.

As the electric vehicle (EV) industry rapidly evolves, the complexity of its supply chain increases significantly, making supplier risk management a critical focus for businesses. With the demand for electric vehicles surging, this blog will explore how to identify and mitigate supplier risks.