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No batteries included8/25/2023 Yes, it’s incredible to see the need for energy storage as the world turns over to a decarbonized industry, to a carbon-neutral industrial base. Joining me today are Stefano Piscitelli, the vice president of group construction at Northvolt Evan Horetsky, a partner in McKinsey’s Stockholm office and Mark Bakker, an associate partner in our Amsterdam office. This episode of McKinsey Talks Operations investigates the role of gigafactories in the global economy’s move toward reducing carbon emissions, and why construction of these sites is just as important as the products they produce in achieving net zero. That’s a lot of batteries, and therefore a lot of factories, known as gigafactories, to make them, with 30 planned in Europe alone. And with all these new EVs rolling out into our roads, they need batteries to power them. In 2021, some 6.5 million electric vehicles were sold, which was up almost 110 percent from the year before. And one of the major shifts leading the way in that revolution is the move to electric vehicles. There’s a green revolution happening in Europe and across the world. And last, we’ll discuss why empowering the workforce with skills and capabilities is key to success. We’ll look at how to connect the boardroom strategy to the front lines, ways to increase performance, and where and when to infuse operations with technology. Each episode considers the challenges companies and economies are facing and the opportunities leaders can seize for competitive advantage. An edited transcript of their conversation follows.ĭaphne Luchtenberg: McKinsey Talks Operations is a podcast where the world’s C-suite leaders and McKinsey experts cut through the noise and uncover how to create a new operational reality. This episode of McKinsey Talks Operations, featuring Stefano Piscitelli, vice president of group construction at Northvolt, and Evan Horetsky and Mark Bakker, a partner and associate partner, respectively, at McKinsey, looks at how demand for batteries has changed the opportunities to use digital twins in the planning, construction, and operation of gigafactories and the role of a new approach to construction to ensure that both the factories and their products are sustainable. With more than 30 planned in Europe alone, companies are working fast to develop the construction and operating playbook for these highly technical sites. These vehicles need to be powered by lithium batteries, which are built in specialist facilities called gigafactories. As economies move toward more sustainable transport options, more electric vehicles (EVs) are rolling off production lines than ever before.
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