GM partners with New York-based chip manufacturer GlobalFoundries
📝 GM partners with New York-based chip manufacturer GlobalFoundries.
This partnership will expand the automaker’s growing electric vehicle supply chain network with an exclusive contract. As more consumers around the world seek out electric vehicles, GM has been ramping up the production of its electric models to meet this demand. Expanding its supply chain network helps ensure that GM can obtain the necessary components and raw materials to produce these vehicles in larger quantities. Additionally, by diversifying its supply chain and working with more suppliers, GM can reduce its dependence on any one supplier or region.
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