UNICEF to lead Supply Chain for COVID-19 Vaccine
With several vaccines looking promising, UNICEF, in collaboration with PAHO Resolving Fun will be leaders in supplying vaccines for over 92 low income countries. The country's vaccine costs will be supported by COVAX's commitment to “guarantee rapid, fair and equitable access to COVID-19 vaccines for every country in the world, rich and poor”. As well as this, UNICEF will also serve as procurement coordinator to support procurement by 80 higher-income economies. These economies are participating in COVAX’s facility agreement and will finance the vaccines using their own finance budgets.
The COVAX facility is a global collaboration to support and streamline the development, production and equitable access to COVID-19 tests and vaccines. COVAX is co-led by GAVI, the Coalition for Epidemic Preparedness Innovations (CEPI) and WHO.
COVAX aims to guarantee fair and equitable distribution and access of COVID-19 vaccines. They offer doses for at least 20% of countries’ populations, vaccines as soon as they are available and in the long term, the rebuild of disrupted economies.
Manufacturing plays an important role in the distribution of vaccines and COVAX intends to build manufacturing capacity now. This means, reaching the highest capacity that a manufacturing operation can reach to meet an immediate increase in customer demand. COVAX believes reaching capacity is necessary in order to; produce early doses for clinical studies, scale up processes to industrial scale, stockpile vaccinations in bulk and repurpose facilities for successful products.
As it stands, UNICEF is the largest single vaccine buyer in the world, procuring more than 2 billion vaccinations annually for routine immunisation. It is the top procurement provider of Gavi, the Vaccine Alliance, which has helped more than 760 million children with life-saving vaccines in the last 20 years.
This extreme global effort couldn’t be possible without the support of the world’s largest procurement companies and partnerships including UNICEF, Gavi, WHO and PAVO. All 4 companies have begun critical preparations for vaccine readiness.
They have worked alongside partners and governments to prepare for the vaccine. These efforts include:
- Planning with manufacturers to plan availability of safe injection equipment.
- Working with WHO to develop support for the handling and distribution of vaccines.
- Supporting manufacturers to plan for vaccination delivery as quickly as possible.
Canoo Awards Manufacturing Contract to VDL Nedcar
Canoo, a trailblazing company in the electric vehicle (EVs) manufacturing industry, has officially announced owned and contract manufacturing plans that will ensure the company manages to deliver on its promise to consumers of production and delivery of vehicles in Q4, 2022.
During the company’s first Investor Relations Day, Chairman & CEO of Canoo, Tony Aquila, named VDL Nedcar as its contract manufacturing partner. VDL Nedcar, which I’m sure many of you will already have heard of, is the only independent Vehicle Contract Manufacturer in the Netherlands and has enjoyed fifty years of growth under owners, including Mitsubishi Motors and Volvo cars. According to the report, Nedcar will manufacture the Lifestyle Vehicle for the United States and European Union markets, while Canoo builds a US-based mega micro-factory.
"We conducted an exhaustive search, invested significant amounts of time and resources that span the globe, in our search for our Phase 1 contract manufacturer. VDL Nedcar is the right partner," said Tony Aquila, Investor, Chairman and CEO of Canoo, Inc. "They are the top trusted European manufacturer building high-quality products for leading OEMs, and they significantly outcompeted the other contenders. VDL is also independently owned by the van der Leegte family of entrepreneurs - which aligns with our commitment to support businesses that form the backbone of communities. This strategic partnership will enable us to deliver vehicles to market while we build our Phase 2 factory in Oklahoma. It also strongly positions us for geographic expansion in Europe and builds a lasting relationship with VDL Groep of companies. Our investment will help us scale quickly and fulfil our mission to bring affordable, purpose-built EVs to Everyone."
Canoo and VDL have already gotten to work on vehicle manufacturability and production planning so that Canoo can successfully lay the groundwork for its upcoming US manufacturing operations expansion, which will be completed in Oklahoma in 2022. The Nedcar facility currently expected to produce around 1000 units for both the US and European markets in 2022, with an additional 15000 targeted for the following year.
"Canoo's bold approach to designing and building electric vehicles makes them an ideal partner as we work together to shape the future of mobility," said John van Soerland, CEO of VDL Nedcar. "This partnership advances our strategic vision to provide a contract manufacturing solution and expand our expertise in the EV arena."
Currently, Canoo is entering its GAMMA phase of development and is on track to start production soon. The company intends and expects to launch its Lifestyle Vehicle in Q4 2022, closely followed by the Multi-Purpose Delivery Vehicle and Pickup Truck.
Watch this space.