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Global Automotive Chip Ecosystem Market Report 2021: Key Issues that Auto OEMs Face Pertaining to Chip Demand and Supply – Vertical Integration as a Long-term Solution | News

DUBLIN, July 26, 2021 /PRNewswire/ — The “The Global Semiconductor Chip Shortage Crisis and Its Effects on the Automotive Industry” report has been added to ResearchAndMarkets.com‘s offering.

This study takes a deep dive into the auto chip ecosystem and the best practices adopted by some OEMs to deal with the crisis; it also recommends risk mitigation strategies to handle future crises.

From an automotive and transportation standpoint, this study provides a global outlook of the ongoing crisis and analyzes its impact on OEMs, Tier I companies, and semiconductor manufacturers.

The rising trend of the electrification of vehicles has increased automakers’ dependency on semiconductor chips, making them a critical component in new-gen cars. Toward the end of 2020, the global shortage of semiconductor chips forced many OEMs to temporarily suspend vehicle production or reduce the working shifts in their factories.

Leading OEMs such as Honda, Toyota, Ford, GM, and

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China’s Electric Automotive Technique Is Beginning To Go Global And The U.S. Is Lagging Behind

Transport infrastructure consists of the mounted installations, including roads , railways , airways , waterways , canals and pipelines and terminals corresponding to airports , railway stations , bus stations , warehouses , trucking terminals, refueling depots (together with fueling docks and gas stations ) and seaports Terminals may be used both for interchange of passengers and cargo and for maintenance. China’s push into electrical autos began simply over a decade in the past, spearheaded by a former engineer for Audi named Wan Gang. Whereas greater than 30 billion yuan ($four.fifty four billion) in subsidies attracted many worthless start-ups, a handful survived. Nio listed in New York in 2018 and has climbed more than 340% since. Li Auto and Xpeng went public in the U.S. this year and their shares are up more than sixty five% and 35%, respectively.

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The global chip shortage is leaving car makers stuck in the slow lane

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This May, car manufacturers produced less than 55,000 vehicles, only half as much as two years ago.


Monty Rakusen / Getty Images

The production of cars in the UK has more than halved compared to the same period before the COVID-19 pandemic, due at least in part to an on-going shortage of chips that are needed to power everything from engine management systems to in-car entertainment. 

According to the Society of Motor Manufacturers and Traders (SMMT), this May car manufacturers produced almost 55,000 vehicles in the UK – a number that, at first glance, seems healthy in comparison to the meagre 5,314 cars that were produced in the same month of the previous year.  

But 2020’s statistics have to be put in context: with the COVID-19 pandemic rapidly gathering pace, factory lines came to a halt as most manufacturers decided to close their facilities altogether, in line with government guidance.

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motormindz Expands Global Industry Consulting Presence to over 32 countries for “Boots on the Ground” Expertise

TROY, Mich., April 21, 2021 /PRNewswire/ — motormindz, Inc., the automotive industry’s premier venture consultancy, today announced a strategic global expansion to over 32 countries across North and South America, the UK, Europe, the Middle East, Africa, and the Asia Pacific regions.

“This move is a key component of our global strategic plan and marks the transition from the formation of geo focused strategic partnerships, to a formalized infrastructure aimed at providing a single-source, end-to-end global solution for our clients,” said Jeff Van Dongen, CEO of motormindz.

The global expansion will provide local resources to advise and assist motormindz’ clients worldwide, bringing a boots on the ground perspective to the unique challenges and opportunities that exist in each geographic region.

“The expansion provides an opportunity for our clients to not only access a native approach to each region, but also tap into motormindz’ entire global network of automotive industry executives,

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