when will chip crisis finish in automotive industry ?
The exact timing of the chip crisis in the automotive industry ending is difficult to predict. However, several factors may influence when the crisis may come to an end: Production resumption: As chip production resumes, there will be more chips available for the automotive industry. Many chipmakers are ramping up production, but it may take some time to reach pre-pandemic levels. Prioritization of chip supply: As automakers compete with other industries for chip supply, it may take some time for them to receive an adequate amount of chips. However, as chip manufacturers increase production and prioritize the supply of chips to the automotive industry, the chip crisis may start to ease. Consumer demand: With the COVID-19 pandemic receding, consumer demand for cars is picking up. This demand is likely to continue in the coming years, which may help drive chip production for the automotive industry. Alternative technologies: Automakers may also look to alternative technologies that...