Auto manufacturers could face potentially significant supply chain disruption when it comes to batteries for electric vehicles, according to an insurance broker.
Standing in a sunny office in Indochine International’s brand-new factory, Raghav Pattar, vice president of this Chinese apparel manufacturer, is ebullient. It’s November, barely six months since the Hawassa Industrial Park opened, and already he has 1,400 locals at work.
The appetite for electric cars is driving a boom in small-scale cobalt production in the Democratic Republic of Congo, where some mines have been found to be dangerous and employ child labor.
Reclining comfortably on a bed outside his mud home, 75-year-old farmer Mohammad Khoso watches life go by. His family is now the center of everyone’s envy in the southern Pakistani village of Murid Khoso — they have electricity.
As the Arabian Gulf region aims for a larger role in the global logistics market, which it is estimated will be worth $15.5tr by 2024, Saudi Arabia is upping its own logistics game and becoming a credible competitor to Dubai in the process.