Nissan Boss Warns No End in Sight to Global Chip Shortage

Nissan Boss Warns No End in Sight to Global Chip Shortage

BBC News

November 29, 2021

Nissan Motors CEO Makoto Uchida won’t predict the end to the current global microchip shortage but admits it has become a major headache for automotive manufacturers. Semiconductor scarcities are also impacting home appliances and communications equipment, just as consumers double-down on durable goods purchases. “We have a semiconductor shortage as an industry and how we recover from that is critical,” he told the BBC. Uchida made his comments during a promotion of Nissan’s vehicle electrification strategy. The company plans to introduce 23 electrified models by 2030.

Read more here.