Auto parts suppliers face a unique set of challenges as we shift to EVs: Flavio Volpe
Flavio Volpe, president of Automotive Parts Manufacturers’ Association, Appointee, Order of Canada, joins BNN Bloomberg and says suppliers have seen their operating costs soaring and profit margins dwindling. He says suppliers accustomed to the demands and rhythms of ICE vehicle production, find themselves grappling with the unpredictable demands and costs of EV production.