Chip Shortage
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Chinese regulator takes steps to help automakers cope with chip shortage
In the face of a growing chip shortage, the industry's regulator in China is taking action in addition to car companies finding their own ways to deal with it.
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Tesla's Shanghai plant reportedly halted production for days in Aug due to chip shortage
One particular shortage was related to the availability of electronic control units, which largely caused delays in the output of Tesla's Model Y.
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Behind auto chip shortage: Some dealers multiply offers by 10 times
The reason for the rise in auto chip prices is speculation by dealers on the one hand, and automakers spending high prices to buy chips in bulk for fear of discontinuing production on the other.
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Chinese official media report highlights BYD's semiconductor business amidst chip shortage concerns
BYD avoided suffering the impact and seize the growth opportunity during the period when many car companies had to reduce or stop production, the report said.
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Chip shortage to cut global car production by up to 7.1 million units this year, IHS Markit says
The shortage of chips will lead to a reduction in global auto production of 6.3 million to 7.1 million units this year, with a possible reduction of 2.1 million units in the third quarter alone, IHS Markit said.
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Chip shortage's impact on China's auto industry expected to last until next spring
The impact of the chip shortage on China's auto industry will continue into next spring due to the Covid-19 outbreak in Malaysia, China Securities Journal said on August 20, citing industry sources.
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Toyota said to cut its global car production plan in September by 40%
Toyota originally aimed to build fewer than 900,000 vehicles in September, a figure that has been reduced to 500,000.
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Chip shortage fears resurface, does Nio need to worry?
Bosch on Wednesday announced closure of its Malaysian factory which supplies Nio, TSLA, Audi, VW, BMW & others. Audi Production may be closed due to this.
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Auto chip shortage fears return as Malaysia's Covid-19 outbreak worsens
The tight supply of automotive chips, which had eased in recent months, seems to have returned.
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Chinese market regulator probes auto chip distribution firms for suspected price gouging
A semiconductor index in Shanghai extended its decline to more than 6 percent on the news.
