When it comes to the electric vehicle supply chain, researchers believe China has a running head start on the rest of the world.
To compete, the U.S. will need to develop an infrastructure that can support mineral refining, but this would take a regional effort, says Rob Handfield, professor of operations and supply chain management at Poole College.
“Mexico has low-cost labor. Canada has a lot of natural resources, including…lithium and copper and other minerals,” Handfield says. “And the U.S. has a lot of capital to invest in.” However, producing electric vehicles will still require a global supply chain.
Read more on Marketplace.
- Categories:
