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Chip shortage slams brakes on car sector
Zhang Hongpei Published: Jan 13, 2021 09:33 PM
The automated production line at a car factory in Shenyang, Northeast China s Liaoning Province. Meng Wei, spokesperson from National Development and Reform Commission said recently that China s auto production and sales will reach about 25 million in 2020, and China s auto industry is expected recover to the previous year s level. Photo: IC
After rebounding from the fallout of the COVID-19 pandemic at a speed beating most carmakers original expectations, China s auto industry now faces a new dilemma - tightening supplies of semiconductors, which serve a key role as a vehicle s brain from controlling acceleration to steering and braking.
BEIJING, Jan. 13 (Xinhua) The number of automobiles sold in China totaled 25.31 million last year, down 1.9 percent from 2019, data from an industry associat
BEIJING, Jan. 13 (Xinhua) China auto market saw a forecast-beating performance in 2020 despite the impact of the COVID-19 epidemic, thanks to policy support