Europe could end reliance on China for battery production by 2027
Europe is well-positioned to nearshore its entire battery production by 2027, ending reliance on China ...
Confident hi-tech companies, which are continuing to see growth, are increasingly looking to ‘right-shoring’ to better respond to demand. With ever-changing customer requirements as well as new technologies, the companies are trying to build more flexible supply chains and thinking more holistically about strategy, transport cost and delivery times. The analysis is founded on the UPS Change in the Supply Chain survey.
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