The production line of new-energy vehicles in the Yunnan provincial capital of Kunming in southwest China on December 3, 2020. Photo: Xinhua
The production line of new-energy vehicles in the Yunnan provincial capital of Kunming in southwest China on December 3, 2020. Photo: Xinhua

China’s EV industry may go into partial freeze in 2022 as global chip shortage leaves 1 million vehicles short of vital components

  • Global foundries can produce enough semiconductor chips and microcontrollers to supply 4 million electric cars in China, according to an industry guild
  • That leaves a shortfall of 1 million vehicles in a market where demand may jump to 5 million units in 2022, the China Passenger Car Association said

Topic |   Electric cars
The production line of new-energy vehicles in the Yunnan provincial capital of Kunming in southwest China on December 3, 2020. Photo: Xinhua
The production line of new-energy vehicles in the Yunnan provincial capital of Kunming in southwest China on December 3, 2020. Photo: Xinhua
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