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The supply chain crisis has further intensified? The cost of the car industry is facing haze electric vehicles soaring

The supply chain crisis has further intensified? The cost of the car industry is facing haze electric vehicles soaring

It was reported on May 13 that the Spanish "News" website recently reported that two years after the outbreak, the crisis in the automotive industry not only did not resolve it, but also may intensify the factors that have been added in recent months. The shortage of control measures and key components recently adopted by China has exacerbated the supply chain crisis, which affects production. At the same time, the industry is facing the rise in decades.

BMW CEO Oliver Zipze said: We are still at the peak of core lack.

I hope that we will be relieved before next year, but we will still face the basic shortage of 2023.

The chief financial officer of Volkswagen Group is even more pessimistic, saying that it can not be fully restored in 2024 to normal production. It is reported that the shortage of chip is just a beginning of the crisis that continues to this day. Automotive manufacturers are now facing the shortage of other components. For example, Ukraine occupies most of the cables, and the country’s factories have been suspended due to war.

The same is true of Russian factories, but it is to be attributed to sanctions implemented by Western countries, including prohibiting exporting semiconductor products to Russia. The automotive industry is facing haze, and investors have withdrawn.

Affected by the fluctuations in the Russian -Ukraine conflict, the stock price of the automobile company fell with the market, and it was greater. The European Stock Automobile and Accessories Index fell nearly 16%this year, while the European Stock 600 index was only slightly higher than 5%. Since January this year, Renault Motor’s stock price has fallen by more than 30%in Russia, and the stock price of Ford Motors and General Motors in the United States has also plummeted.