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
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.