Suppliers in the automotive industry have a dilemma: continue to develop systems for traditional cars or gamble on electric vehicles which make up only a fraction of global sales.
Driving around Brisbane recently Anthony Hayley felt his trusty old car stutter. There were a few more worrying clanks and bangs in the days to come, then it died completely. But then came the real shocker: he was told there was no chance of getting a replacement for nine months – if he was lucky.
Thomas Ziegler, leader of Moore Global’s automotive group, considers the impact the shift from combustion engines to battery powered vehicles will have on the global supply chain.
Welcome to this issue of Moore Global’s Transfer Pricing Brief, with a special focus on the Latin American Region.