What is the recovery status of automotive chips?
2 Answers
Automotive chip shortages are expected to take about a year to recover. Automotive chip shortages: How long will the automotive chip shortage last? This is a topic of global concern, with various reports and opinions circulating in the media. It is said that the shortage of automotive chips will persist until 2023. Reports related to chip shortages: According to relevant media reports, the automotive industry's revenue losses increased significantly in 2021. Global automakers reduced production by 3.9 million vehicles, leading to rising prices of used cars. General Motors and Ford are expected to suffer substantial losses this year. An ordinary car can contain up to 1,400 chips, and with increasing automation, this number is expected to grow further.
The supply of automotive chips is much more relaxed than last year, but a full recovery is still not in sight. Recently, while helping some friends in the auto parts wholesale business take stock, I found that the lead time for mainstream automotive-grade chips from Infineon and NXP has shortened from six months to two or three months. However, chips for autonomous driving used in high-end models are still in short supply. Last week, a customer ordered a new energy vehicle with lidar, and the salesperson quietly mentioned that they had to wait for the chip assembly, delaying the delivery by two weeks. Automakers have become smarter now, stocking up to three times the pre-pandemic levels and signing five-year long-term contracts with chip manufacturers. If it were this time last year, dealerships would even dare to mark up the price of display models.
