Sales of electric vehicles (EVs) in Chinese have grown an average of 80% a year for the past six years, reaching 50% of global EV sales.
Amidst the COVID-19 pandemic, the federal government is making strategic decisions to accelerate the return of manufacturing to the US, but the absence of a strong labor base, high levels of automation and decreased levels of productivity may largely limit these efforts.
North America can look to Asia for outcome data on contact tracing, factory hygiene protocols and government actions to stop the spread of COVID-19.
Wuhan's viral outbreak will reverberate through the global supply chain. Business leaders need to prepare.