Supply Chain Research

Ford Motor and SK Innovation have launched a joint venture to build electric vehicle batteries in North America with a rollout through the middle of the 2020s. While Ford’s EV supply chain is still ramping up, its traditional supply chain may be struggling in part due to semiconductor availability. Mexican imports of parts for Ford dropped by 60.7% year over year in March. The setting up of battery production is consistent with the Biden administration’s critical supply chain policies. A review of the latter is set to be published in June, potentially revealing new incentives. In the mea...