The Upload

The innovation race is on to create next-generation battery technology as the industry seeks to develop batteries that are cheaper, faster to charge, and less vulnerable to raw material shortages.

It is not a question of if but rather when will the next black swan event hit the globalized supply chain. And it is critical that companies learn from the last couple of years and develop an agile supply chain network that delivers value, reduces risk, and is not just driven by cost.

Electric power seems especially well-suited for commercial vehicles. Unlike cars, there’s less range anxiety because these vehicles are driven along fixed or planned city routes all day and then return to garages at night for charging.