China

Tight chip supplies could persist for as long as a decade

China imports the vast majority of the chips used in car production and scaling up won’t come easy. There are more than 100 different sorts of chips used in a light vehicle, helping to control everything from steering to communication, speed adjustments and power transmission. (BLOOMBERG)
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By:
Bloomberg
January 21, 2021 02:02 PM

China’s automotive-chip shortage could persist for as long as a decade, but it has little to do with the current supply glitches snarling production, according to the official who oversees the nation’s key new energy vehicle technology development platform.

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