The chips are down - the week

Blog By : Adil KharmizModern vehicles are as reliant on computer chips as they are on their engines and chassis. Most come fitted with a number of chipsets to handle on-board functions, power infotainment systems, and to monitor and perform driving functions including advanced driver assistance systems (ADAS) and semi-autonomous operation in limited circumstances. The electronic content in modern vehicles is estimated to account for some 30% of a bill of materials, with the prospect of increasing to 50% by 2030. As a result, automotive production is as reliant on computer chips as the consumer electronics industry. So, one guess what automakers are running short of?By: Adil Kharmiz