Electrification technology in reshaped supply chains for ubiquitous EVs
With the rapid rates of electric vehicle adoption continuing in major markets globally, legislative agendas supporting aggressive transitions to phase out mainstream internal combustion engine (ICE) usage, and supply chains gearing up accordingly, the narrative around electrification technology is shifting toward one of maturity and scale.
Key themes are emerging as this seismic shift unfolds. A battle for ownership of the vehicle's propulsion system is playing out between the vehicle manufacturers themselves and the suppliers so urgently seeking viable long-term product portfolios. In particular, margins for suppliers are being squeezed as original equipment manufacturers look to navigate the most cost-effective path through supply chain constraints and the implementation of expensive new technologies. Meanwhile, economies of scale and potential raw material constraints in the critical underpinning battery technology challenge the fundamental viability of the shift, while demands for longer range and a seamless charging process mean acceptance from mainstream consumers is not guaranteed.
Download the full whitepaper and learn more about the outlook for electrification technology from our S&P Global Mobility Supply Chain & Technology team of experts. Topics covered in the whitepaper include:
Maturing electrification technology in 2023
Supply chain challenges constraining mass adoption of electric vehicles
Regulation as a stimulus and a target: Too much, too soon?
Key themes by domain:
- Propulsion technology and the struggle to own it
- Charging infrastructure for 179m plug-in EVs in 2030: what they need and where they need it
- Achieving acceptable EV range and the importance of optimized Thermal Management
- Sustainable Battery technology: Is there enough raw material to
go around?
Download Whitepaper
This article was published by S&P Global Mobility and not by S&P Global Ratings, which is a separately managed division of S&P Global.