Global mineral shortages are the problem EV forecasts need to begin considering
Good morning! It’s Global Movie Day, & it's all about the supply and chain reaction of entertainment! Here are some of the best movies you can watch tonight that commemorate the industry:
“The Martian” (2015) - This film showcases the logistics of space exploration, including the supply chain management required to keep an astronaut alive on Mars.
"Senna" (2010) - This documentary focuses on the life of legendary Formula One driver Ayrton Senna and highlights the role of the supply chain in the high-stakes world of motorsports.
"Moneyball" (2011) - This film is based on the true story of the Oakland Athletics baseball team and their innovative approach to talent acquisition, including a data-driven supply chain management strategy.
"The Pursuit of Happyness" (2006) - This movie follows the story of a struggling salesman and his quest to provide for his family. It highlights the importance of hard work, perseverance, and supply chain management skills in achieving success.
"Jerry Maguire" (1996) - This classic film stars Tom Cruise as a sports agent who starts his own firm. It showcases the cutthroat nature of the sports industry and the supply chain management skills required to succeed.
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The production of EVs relies heavily on minerals such as lithium, cobalt, nickel, and copper, which are in limited supply globally. As more and more countries set ambitious goals for the adoption of EVs, demand for these minerals is increasing, leading to shortages and price spikes. Countries with ambitious EV goals are exploring alternative sources of minerals, investing in the recycling and reuse of existing minerals, and developing more sustainable mining practices. However, these efforts are still in the early stages, and overcoming the global mineral constraints will require significant investment and collaboration among countries, mining companies, and automakers.
Check out today’s featured article from Visual Capitalist to read about the lack of consideration of global mineral constraints that could throw a wrench in green energy plans. What are some solutions for increasing the mineral supply so that countries around the world can meet their electrification goals? ☕️
Featured Article:
Visualized: The EV Mineral Shortage | Visual Capitalist
“Global forecasts for EV rollouts vary, with countries around the world pledging to go all-electric by 2035 and 2040.”
Electric Vehicles & Regulations 🔋
Is the suggestion of turning privately-owned EVs into public electric grid storage a pipe dream?
With massive electrification goals, states are going to require a lot of electricity. While solar, water, and wind-generated power are great options that fall within green energy initiatives, these resources are not always readily available. Some environmentalist groups are suggesting that users of electric vehicles can help by supplying electricity to the grid when vehicles are idle - a method called “vehicle-to-grid” technology (V2G).
V2G technology does allow for EVs to support the electrical grid by injecting energy back into it when demand is high, helping to balance the grid and prevent blackouts. By allowing EVs to act as mobile energy storage units, V2G technology can increase the efficiency of the electrical grid and reduce the need for large, centralized power plants. It also provides EV owners with the opportunity to earn revenue by selling unused energy stored in their vehicle's battery back to the grid. By reducing the need for large, centralized power plants and allowing for more efficient use of energy, V2G technology can help reduce greenhouse gas emissions and support a cleaner energy future.
However, there are several technical challenges. Implementing V2G technology requires significant investments in technology and infrastructure, and it can be challenging to integrate it into existing electrical grid systems. Repeatedly charging and discharging an EV battery as part of V2G operations can lead to the degradation of the battery over time, reducing the overall lifespan of the vehicle. V2G technology is still in the early stages of development, and the cost of implementing it can be high. Additionally, the regulatory environment for V2G technology is still evolving, and there may be legal and regulatory barriers to widespread adoption.
Ports & Driver Issues 🚛
Port of LB renews push for single truck appointment system
The Port of Long Beach in San Pedro Bay is looking to incorporate a single, interoperable truck appointment system to help improve efficiency. A single, interoperable truck appointment system can streamline the process of scheduling appointments for trucks to enter the port, reducing wait times and increasing the overall efficiency of the supply chain. By reducing wait times and improving the flow of trucks into and out of the port, a single, interoperable truck appointment system can help to reduce congestion and improve the movement of goods through the port.
Additionally, with a single, interoperable truck appointment system, trucking companies and other stakeholders in the supply chain will have a better understanding of when trucks are scheduled to enter and exit the port, allowing them to plan and coordinate more effectively. The Port of Long Beach is a major hub for international trade, and by improving the efficiency and predictability of the trucking process, a single, interoperable truck appointment system can help to improve customer service and increase customer satisfaction. By reducing congestion and wait times, a single, interoperable truck appointment system can help to reduce emissions and improve air quality in and around the port, making it a more environmentally friendly place to do business.
Let’s Get Global 🌎
Its Complicated Theranos GIF By HULU via GIPHY
🇨🇳 The relationship status of China and the United States is “complicated”. China's rapid economic growth and increasing global influence have led to heightened competition with the United States, particularly in areas such as trade, technology, and investment. The U.S. and other countries have expressed concerns about China's practices with respect to intellectual property, such as theft of trade secrets and forced technology transfers - not to mention the elevated concerns regarding China’s human rights record. China's military expansion in the South China Sea and its aggressive actions towards Taiwan have raised concerns about its intentions and increased tensions with the U.S. and its allies in the region. Additionally, the U.S. and China have fundamentally different political systems and ideologies, and tensions have been heightened by a growing perception in the U.S. that China is a strategic competitor that poses a threat to American interests and values.
🇸🇻 El Salvador, Guatemala, and Honduras win $300 million investment in Target infrastructure. The massive retailer is expanding its relationship with vendors in Central America as part of Vice President Kamala Harris’ “Call to Action for Northern Central America”. The White House unveiled the announcement of a nearly $1 billion investment in the infrastructure of Central America and nearly 50 companies and organizations are getting involved. Along with Target, Columbia Sportswear, Nestle, and Nextel are launching big investments into the region in partnership with VP Harris. Over the last decade, there have been a mass migration of people from Central America coming to the United States and this initiative could help address some of the issues in Central America by providing jobs for the region.
iLevel With You 🏡
More topics for the average American household to consider…
♻️ Clean energy transition depends on American support. Burning fossil fuels such as coal, oil, and natural gas releases harmful pollutants into the air, including particulate matter, nitrogen oxides, and sulfur dioxide, which can contribute to respiratory and other health problems. Clean energy sources such as wind and solar power do not produce these pollutants and can help to improve air quality and public health. The continued use of fossil fuels contributes to climate change, which is causing global temperatures to rise and leading to more frequent and severe weather events such as hurricanes, droughts, and wildfires. The transition to clean energy sources can help to reduce greenhouse gas emissions and slow the pace of climate change. Additionally, the clean energy sector is growing rapidly and creating new job opportunities in fields such as renewable energy development, energy efficiency, and electric vehicle manufacturing. Supporting the transition to clean energy can help to create jobs and stimulate economic growth in communities across the country.
Get Smart 🧠
Ramp up that brain power for these advanced topics…
🎉 Logistics Plus Inc. wins again for workplace positivity. For the sixth consecutive year, the leading worldwide provider of transportation, logistics, and supply chain solutions has won the prestigious award Certified™ by Great Place to Work®. According to a survey of 430+ employees in the United States, 94% of employees say Logistics Plus is a great place to work. Sarah Lewis-Kulin, vice president of global recognition at Great Place to Work, praised the company’s efforts to maintain its status and recognized the challenge it is to meet employee satisfaction.
The Workday Dash is an aggregation of articles regarding the transportation logistics, trucking, and supply chain industries for November 28, 2024, from iLevel Logistics Inc.