China faces 1 mn EV shortage due to shortage of chips in 2022

Beijing, 31 December : .

Chinas global chip shortage will cause a partial shutdown of the electric vehicle industry in China for the first half 2022.

There will be at least one million fewer electric vehicles than the demand, which is expected to increaseSouth China Morning Post reports that the companies are capable of producing enough semiconductors and microcontroller units, as well as high-end chips with AI processors (AI), to supply 4 million new energy vehicles in China by 2022.In a report, the CPCA stated that "the shortage of automotive chips has hindered growth of the automobile market has not yet eased." The bestselling models need to have chips in order to increase their production and finish their backlog.Covid-19s resurgence in Southeast Asia during this summer has disrupted the production of several chip findries.The report stated that China is feeling the effects of disruptions.

Car owners are encouraged to switch to pure electric, plug in hybrid, and fuel-cell vehicles to achieve carbon neutrality by 2060.Due to a shortage of supply, Teslas Model 3 and Model Y cars, made in Shanghai, were shipped with USB ports.

These can be used only for charging.The global shortage of chips is causing concern among the South Korean tech company Samsung.

They believe that there will be a second half to 2022.The president of Samsung Mobile, TM Roh discussed the issue during a meeting that included senior executives as well as executives from more than 30 major component supplier companies, according to TheElec.

Samsung has taken multiple measures to reduce the shortages.Samsung will push for chip findries to sign annual agreements to ensure that the production capacity of its chips is secure.

According to Qualcomm CEO Cristiano amon, the shortage of chips is slowly improving and will improve in the coming year.na/svn/ksk #China #chips #Beijing #Samsung #QualComm.