Monday, December 5, 2022
News Semiconductors: The Shortage Might Come to an End Soon, Says Musk

Semiconductors: The Shortage Might Come to an End Soon, Says Musk

Elon Musk believes the chip shortage could be over soon

The automotive industry has been dealing with this semiconductor shortage for quite some time now, and this plague that affects the assembly of thousands of vehicles across the globe doesn’t seem to be going away any time soon.

Fortunately, according to Tesla‘s founder, the crisis could be over sooner than expected. Indeed, Elon Musk, on the occasion of the Italian Tech Week, was reassuring on the duration, alleging that the crisis was going to be “short-lived” thanks to the construction of factories for the manufacture of these famous electronic chips necessary for the operation of the latest vehicles.

According to him, the crisis should not continue beyond 2022. The production capacity (of these semiconductors) should be reached next year. He also pointed out that Tesla has worked around the chip shortage by replacing the chips with alternative chips and rewriting the firmware to integrate the replacement technology into the vehicles to maintain production.

It will be interesting to follow the evolution of this crisis over the next few months, as not everyone shares Elon Musk’s vision. Several stakeholders believe that the problem could drag on until 2023, notably because of very strong market demand and limited supply.

This is the case of Daimler‘s president, Ola Källenius, who believes that the shortage could last until 2023, although not as severe as in recent months. The CEO likened the COVID-19 crisis to a traffic jam that will take time before things get moving again.

Trending Now

Hyundai Announces U.S. Battery Partnership With SK On

Hyundai will get batteries from SK On from 2025 New US EV plant expected to open that year Hyundai has signed a new agreement...

Honda will Make a Hydrogen-Powered SUV Based on the CR-V in 2024

This model will be built at the company’s Performance Manufacturing Center in Ohio. It will be the first hydrogen vehicle that can also...

Lightyear Begins Production of the First Solar-Powered Car

The first production unit of the Lightyear 0 rolled off the assembly line yesterday. About 150 pre-orders have been received according to the...

The 2023 Honda Pilot will Start at $50,650 in Canada

The new Pilot will be offered in five trim levels. Every new Pilot comes with an expanded suite of driver assistance features and...

BMW M CEO Says There is Room for an M4 CS: Report

Last M4 CS was a farewell to that generation of the M4 Could offer 540hp, CSL carbon goodies BMW might be planning another go...


Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.