The automotive industry is undergoing a major transformation from petrol and diesel cars to electric vehicles with significant implications for the Western auto supply chains.
Morgan Stanley’s global director of research Katy Huberty told clients in a note Tuesday that her global Autos research desk forecasts a complete “re-wiring” of the EV battery supply chain “through the lends of a multipolar world” will require $7 trillion in investment by 2040. Our global Autos team led a broadly collaborative analysis that revisited the investment implications of the EV battery supply chain, which they first explored in November 2021 (The New Oil: Investment Implications of the Global Battery Economy).
A key enhancement in their new work: They viewed the battery supply chain through the lens of a Multipolar World. They conclude that if the West wants to drive EV adoption to meet decarbonization goals, while also mitigating national security concerns, a […]
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