vertically integrated
Vertically integrated means a company makes many of the parts it needs itself instead of buying them from other companies. This can help them control costs and quality better.
Vertical integration refers to a company's strategy of controlling multiple stages of production or supply chain processes. In the automotive industry, this can mean a manufacturer produces its own components or batteries, reducing reliance on external suppliers.
Hear It Discussed
"So we, you know, we think, so one of the problems is if you're vertically integrated, you commit to a tech. But the tech's evolving at such a pace that whatever you commit is outdated the second..."
Is The Longbow Speedster The Future Of British Roadsters? — Carmudgeon w/ Cammisa & DTS — Ep 236 The Carmudgeon Show
"...it's all vertically integrated at BYD. They tend to make every nut, bolt, washer and battery."
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"So like the innovation really is happening at the supplier level, unless you're Tesla, in which case you're very vertically integrated or BYD."
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Episodes Mentioning "vertically integrated"
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