Study of Supply Chain of Electric Vehicle Components
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Abstract
The move to electric vehicles (EVs) is a significant step in the direction of sustainability and a reduction in carbon emissions within the automotive sector. However, in order to evaluate the overall sustainability and efficiency of the electric vehicle industry, it is necessary to have a comprehensive grasp of the complex supply chain dynamics that are responsible for the manufacture and distribution of EV components. This article presents a complete examination of the supply chain analysis of electric vehicle components. It covers a wide range of phases, beginning with the procurement of raw materials and continuing all the way through the assembly of the car and beyond. The first thing that we do is investigate the origin of essential raw materials for electric vehicle components, such as lithium, cobalt, nickel, and rare earth metals, as well as the environmental and ethical concerns that are related with these materials. Following that, we go into the manufacturing processes that are involved in the production of essential components such as batteries, electric motors, power electronics, and charging systems. We highlight the importance that multi-tiered supplier networks and localization initiatives play in this process.
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