Global electric vehicle (EV) market penetration is forecasted to reach some 20% by next year, a DHL automotive industry trends report (pdf) said last week. Battery factories in Hungary are undergoing expansions, and investments are increasing in production facilities and charging infrastructure in Mexico, the report finds.
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Catering to growing logistics demands: DHL is looking to adapt its logistics supply chains to develop solutions for the storage and transportation of batteries to meet growing global EV demand. The firm is looking to support both car manufacturers and logistics providers with end-to-end logistics solutions for batteries, electric motors, and automotive parts. The firm will do so through its global network of EV Centers, with hubs in the US, China, Mexico, Indonesia, the UAE, Italy, and the UK, says the report.
What they said: “Automotive companies have to optimize their logistics processes to meet the increasing demands of this rapidly changing industry. This requires more resilient supply chains that can cope with both unexpected peaks in demand and bottlenecks, such as shortages of critical components, delays in transportation, or disruptions in raw material supplies,” DHL Global Auto-Mobility Sector President Fathi Tlatli said.