This audio is auto-generated. Please let us know if you have feedback.
Electric vehicles may have a lot less complexity and moving parts compared to internal combustion engine powered vehicles, but the reverse is true when it comes to an automaker’s supply chain.
While the ICE vehicle manufacturer has close control over much of its supply chain, the EV automaker is not so lucky, Vitaliano Tobruk, Moody’s supply chain industry practice lead, said in an online interview with WardsAuto.
A June 1 Moody’s analysis said the auto industry is facing several major structural pressures making supplier risk more interconnected and harder to assess through traditional, point-in-time approaches.
“In the past companies were also able to plan with stability, demand was predictable, and so this means that supply chain didn't change direction too often,” Tobruk said.
