Supply Chain Now

The Buzz: Tackling Tariffs and Trade Dynamics

7 snips
Dec 6, 2024
In this engaging discussion, guest host Koray Kose, an expert in the automotive industry and supply chain operations, dives into the implications of Rivian's $6 billion federal loan and its impact on the EV market. He explores the intersection of politics and trade tariffs affecting the automotive sector, while highlighting the rise of agentic AI in supply chains. Koray also emphasizes the critical need for cybersecurity amidst increasing threats and touches on the importance of consumer awareness regarding modern slavery in supply chains.
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ADVICE

Bridging the Digital Divide

  • Support organizations like Elevate Our Kids that address the digital divide by providing laptops and internet access.
  • Early access to technology equips future generations for responsible tech use, benefiting everyone.
ANECDOTE

Rivian's Losses and Government Loan

  • Rivian is losing nearly $40,000 per vehicle produced, raising concerns about its long-term viability.
  • Despite this, the US government issued a $6 billion loan to Rivian, sparking debate and controversy.
INSIGHT

Political and Economic Implications of Rivian Loan

  • The $6 billion loan to Rivian may be influenced by political factors, especially considering Tesla's support for a different political outcome.
  • The investment aims to boost the local economy, but questions remain about its payback terms and Rivian's ability to avoid bankruptcy.
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