Many tire OEMs have increased prices in CY-2021, ranging from 3-10% depending on type of tire and size. Higher commodity prices and increased ocean freight rates are being passed on to end users as OE profit margins compress.
Tackling the Challenges of EV Transitions
Fleet electrification is a new industry business model and a milestone event. Five global fleet experts discuss how they’re handling the hurdles in the early days of their EV transitions.