Crisis as a Catalyst for Change: The emerging electric-vehicle value chain: Helping executives understand areas of growth and identify key risks in the transforming electrification supply chain

Some have described the global shortage of semiconductors that has shut down automotive manufacturing and will cost automakers and suppliers billions of dollars as nothing more than a classic supply chain management problem. More precisely, however, what the current shortage, COVID-19 and prior disruptions such as the 2011 tsunami in Japan continue to expose are significant vulnerabilities in a global supply chain that continues to expand. With that growth, it has become more concentrated and more competitive as multiple industries vie for similar materials and components.