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Chip Shortage Could Slow Electric Vehicle Rollouts

An automotive chip shortage has led to production cuts around the globe, just as many carmakers are gearing up to expand their fleets of electric vehicles.

The shortage is a result of pandemic-related constraints on supply chains and other factors. And it could prolong the world’s sluggish transition to electric vehicles if chips remain scarce in the coming months, experts say.

“If we’ve got an ongoing chip shortage for an extended period of time, that means those [electric] vehicles can’t get built, and they can’t get sold, and we continue to have more older vehicles staying on the road longer,” said Sam Abuelsamid, an analyst at the market research firm Guidehouse Insights. “So that’s definitely a problem.”

Read more at Scientific American

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