Headlines continue to be negative with the US President of VW resigning earlier this month. As chip supply restores, lithium battery supply is expected to pose a greater obstacle for the automotive industry. There is currently a disconnect between capacity and demand, threatening vehicle production. New technology may well combat supply issues; the development of a solid-state battery is said to offer increased cycle life and can be manufactured faster. The ongoing global chip shortage is affecting production volume and is causing delayed deliveries as the demand for EVs increases. As tech giants enter the market, there is more competition to produce cars with impressive features.
- It stores a true/false value, indicating whether this was the first time Hotjar saw this user.
- Skoda boss Thomas Schäfer has predicted semiconductor supplies to improve in the second half of 2022.
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