Displaying items tagged: MichAuto

A $125,000 grant from an association representing the state’s automotive, mobility and technology cluster will support an effort to attract high-tech talent to West Michigan.

For more than two years, global supply chain disruptions have delayed orders of the ubiquitous semiconductor chips found in products as diverse as home appliances, video game consoles and high-grade weapons. The small but integral components manage the flow of electric currents of devices in an exponentially electrified world.

Magna International Inc. CEO Seetarama Kotagiri got right to the point in discussing the implications of an increasingly electrified vehicle fleet on the global automotive supply chain.

As the consumer vehicle market gradually transitions to electrified models, automotive experts say the commercial fleet segment has the potential to transform the sector more rapidly.

As major automakers and government officials pledge ambitious electric vehicle targets over the coming decade, Michigan’s automotive suppliers are adapting to a business environment that’s swiftly changing yet still firmly rooted in internal combustion engines. 

Automotive industry professionals don’t see much reason for optimism in the near future, but their outlooks become more bullish as time moves on.

A bipartisan group of state lawmakers wants Michigan to be a national leader in building out a connected network of electric vehicle charging stations, a key barrier to adoption as automakers plan more electric models for customers.