Supply Chain Shifts

The conversation explores the significant rise in mentions of onshoring, reshoring, and nearshoring since the onset of COVID-19, highlighting a potential shift away from decades of globalization. While one perspective suggests this could signal a lasting megatrend towards more localized supply chains, another posits that current geopolitical events may only create a temporary change before reverting to traditional practices. The future of supply chains remains uncertain, with implications for industries like batteries and hydrogen.