Reported 3 days ago
Hyundai Motor has secured a rare earths stockpile that can last approximately one year, insulating the company from current global supply chain disruptions linked to China's export restrictions. An insider revealed that Hyundai's proactive measures to diversify supply chains enable it to maintain stable production of electric and hybrid vehicles, outperforming competitors like Ford and BMW. The automaker also capitalized on a brief period when China relaxed its export limits to boost its inventories.
Source: YAHOO