**General Motors Company (GM)** has been enhancing its supply chain resilience, focusing on securing battery raw materials and rare earths, primarily from North America. GM reports minimal impact from the recent fire at Novelis’ aluminum plant and has secured alternative suppliers, anticipating no significant disruption. Although challenges with semiconductor supplies in China persist, the company remains cautiously optimistic and is proactively assessing risks.
**Ford Motor Company (F)** faces significant supply chain disruptions due to the Novelis incident, projecting a fourth-quarter EBIT headwind of $1.5 to $2 billion and a free cash flow impact of $2 to $3 billion.
**Honda Motor Co., Ltd. (HMC)** aims for electric and fuel cell vehicles to account for 100% of its global sales by 2040 and plans to lower battery costs by over 20% in North America by 2030, with a focus on forming strategic partnerships for lithium-ion batteries and initiating in-house production.
