Ukraine crisis set to stall switch to electric fleets as supply of key manufacturing materials collapses


 

Concerns over the transition to EVs are rising after an index measuring the underlying strength of global supply chains indicated that it would breach the ‘high-risk’ threshold before the end of March. The Achilles Supply Chain Resilience Index (ASCRI) had already fallen prior to the conflict in Ukraine, thanks largely to shortages of vital materials and soaring costs. For the three months ending December 2021, the index indicated a score of 44.9 – less than five points higher than the […]