Manufacturing

Mazda and Nippon Steel boost collaboration on supply chain

Mazda Motor Corporation and Nippon Steel Corporation announced that their joint efforts in co-creation have been applied to the All-New MAZDA CX-5, which was unveiled in July. Working together, the two companies managed to develop an optimized body structure quickly, showing a new way for automakers and material suppliers to work together. The automotive sector is undergoing rapid transformations. The factors such as electrification, advanced technologies, regulations related to the environment, geopolitical tensions, increased prices of raw materials, and the transition to software-based vehicle design are all altering the parameters of value and risk assessments. Mazda is of the opinion that the supply chain should adopt a more collaborative and creative approach in order to keep pace with the changes. Mazda’s 2030 Management Policy focuses on cutting costs and making…