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The Era of Cheap and Plenty May Be Ending



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Ford Motor, which has grappled with pandemic supply chain issues, is working on making its own batteries — including in America. “In the medium and long term, securing raw materials, processing, precursor and refinement and setting up battery production here in the U.S. and around the world is a big work statement for us,” Jim Farley, the company’s chief executive, said on an earnings call last week.Companies are also beginning to face pressure to price in the true cost of carbon emissions from shipping parts, which could prompt them to move factories closer to consumers.Scott N. Paul, president of the Alliance for American Manufacturing, said economic and political risks along with ca …

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