GM still intends to build another battery plant in the U.S. to support its electric-vehicle ambitions, the company said in a statement that didn’t specify a partner.

A maker of emergency vehicles has managed to surmount its own set of supply chain emergencies.

Like other automakers, GM was buoyed by steady demand and a rebound in fourth-quarter production even as higher financing costs flash a warning sign for 2023.

Once worth more than $1 trillion, Tesla lost more than 65% in market value in a tumultuous 2022.

The South Korean carmaker, which makes the popular Ioniq 5 and EV6 electric cars, said it would reach its targets in part by optimizing its production processes, logistics and sales by region.

In 2022 alone, companies announced more than $73 billion in planned projects — more than three times the previous record, set in 2021.

The world’s No. 1 automaker produced 833,104 vehicles last month, an increase of 1.5% from a year earlier.

Companies must incorporate supply chains into their strategies not only as an opportunity to cut costs, but also as a competitive differentiator.

Manufacturers at the start of their modernization journey have the most to gain from upgrades to their data management and automation processes.

Imagine an individual sitting on their living room couch and wearing VR goggles, not to play a video game but to carry out a day’s work of production.