Todd Burke, president of global business development at electronic components distributor Smith, reviews the conclusions of the company’s 2024 Preview Market Intelligence Report on the semiconductor industry.

The funds include $50 million for small- and medium-sized companies to retool existing facilities into making parts for the EV supply chain.

Implementing advanced technologies such as an MES allows businesses to alleviate the immediate challenges associated with staffing shortages, and lay the groundwork for long-term workforce resilience.

The U.S. must figure out how it will develop a domestic mining network that can supply car manufacturers with the materials they need to make vehicles and batteries.

BlueCruise uses cameras that monitor the driver's attentiveness, and prompts the driver to take back full control of the vehicle if they lose focus.

While some retail supply chain leaders may initially feel hesitant about investing in achieving RAIN-tagging compliance, doing so can deliver significant upside potential.

The hub will include an EV plant, a battery plant, and a processing plant for the key materials needed to make batteries.

The latest advances in battery recycling, including by leading U.S. battery recycler Redwood Materials, are shrinking EVs’ footprint.

Four months after President Xi Jinping flagged a proposal to help households and businesses upgrade old machinery, details are still trickling out.