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Original Article, W. Azeez, World Economic Forum, May 12, 2021 While global car sales took a pandemic-related hit last year, electric vehicles (EVs) bucked the trend. The number of EVs registered across the globe expanded massively in 2020, according to the International Energy Agency (IEA) – and this is set

Original Report, O. Alexy et al., McKinsey & Company, May 21, 2021 The shift to electric powertrains will ripple back to affect the machine-tool industry. Powertrain equipment demand made up more than 40 percent of the automotive industry’s share of global transportation equipment demand in 2019. Given the significance of

Original Article, M. Robinet, May 3, 2021 Suppliers face critical decisions on a daily basis. Crises come and go. Dealing with erratic production schedules driven by semiconductor supply shortages and coping with rising prices for strategic materials such as steel and resin underscore the cyclical challenges of the auto business.

Original McKinsey Report, Various Authors, mckinsey.com, April 6, 2021 General Motors’ January announcement that it would join other automakers by selling only zero-emission vehicles (in its case, by 2035) was one of the most well-publicized examples of something that has become crystal clear over the past few years: the momentum

Original Article, G. Da Re, Invest Canada Ontario is a great place to make great things. It already makes some of the best-selling cars on the road and continues to be recognized for a commitment to quality. Ontario has a deep well of advanced manufacturing know-how and skilled talent for