Wednesday, September 6, 2023

Volkswagen Group Faces Chip Shortage With Special Committee

The Volkswagen Group anticipates the vehicle chip company to be about 3 times bigger than it is today by 2030, so the group is taking preventative measures to reduce the unfavorable effect of any future lacks. Volkswagen itself will purchase chips straight from the makers, rather of leaving them to external manufacturers who make parts for Volkswagen. With this, the group follows the example of Stellantis, to name a few.

From ‘ the chip scarcity is reducing ‘, to ‘ the chip scarcity will quickly no longer be a concern ‘ and once again to ‘ hazard of chip lack far from gone ‘: the lack of semiconductors– or chips– has actually been keeping the cars and truck market hectic for about 3 years now. And although the issues are less than they were, brand-new problems are hiding. That is not extremely unexpected: the variety of chips in cars and trucks is still increasing quickly and in the coming years, when more electrical vehicles with more software-controlled parts enter into production, the need for chips will increase substantially. According to Volkswagen, the automobile chip organization is now worth about $50 billion a year, and by 2030 it will be close to $150 billion.

Numerous more chips– and it stays to be seen whether the chip market can keep up with the growing need. In Germany, to name a few, brand-new chip factories are being developed, likewise thanks to an aid, to satisfy the high need. New chip factories– and brand-new chips by meaning– are rather complicated, which implies that production capability can not just be prepared and recognized. It might for that reason simply be that the size of the chip scarcity will increase once again at a particular point.

That is why cars and truck makers are taking steps therefore is Volkswagen, following a fine example of Stellantis. That group currently revealed last month that it will from now on buy chips straight from chip producers, in order to have a much better grip on stocks and supply. The Volkswagen Group will now do the very same. A long time earlier, the group even established a different branch (the Semiconductor Sourcing Committee, SCC) that attempts to protect the supply of chips for the whole group (!)

The SCC purchases chips straight from no less than 10 items, in order to disperse them itself amongst the producers who produce parts for Volkswagen. Formerly, those producers normally supplied the chip supply themselves, however that brings a lot of unpredictabilities for the future, Volkswagen should have believed. It is among the possible methods to manage the chip lack, much like developing various parts that all utilize the very same kind of chips or parts that can be made with various kinds of chips.

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  • See: Volkswagen Acquires EUR652 Million Stake In XPeng To Boost Its EV Game

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