SUPPLIER EYE

Happy trails to 2021! While vehicle dealers made record profits, most of the industry is overjoyed to place this chip-starved, labor-deprived, and cost-escalated year in the rearview mirror. Despite the constant supply line interruptions and the erratic schedules impacting vehicle output the world over, it was a critical year for the future of the battery-electric vehicle.

Virtually every global vehicle OEM significantly built upon or upwardly revised investment plans for future propulsion battery and BEV production and development. Billions in capital are now devoted to the foundation for the BEV's future.