Automakers seeking greater control over EV battery raw materials like graphite, lithium
June 18, 2021 The auto industry is bleeding from a dearth of semiconductors, used for example in heads-up displays, sensors, cell phone integration, and to enhance engine performance. According to AlixPartners, a consulting firm, the global chip shortage will cost automakers US$100 billion in lost revenue this year, and affect the production of 3.9 million vehicles. The chip crunch is attributed to a number of factors. The pandemic prompted semiconductor factories to shut down early last year,...
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