{"id":459666,"date":"2022-01-01T09:15:51","date_gmt":"2022-01-01T03:45:51","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=459666"},"modified":"2022-01-01T09:52:25","modified_gmt":"2022-01-01T04:22:25","slug":"china-stares-at-1-mn-ev-shortfall-due-to-chip-shortage-in-2022","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/china-stares-at-1-mn-ev-shortfall-due-to-chip-shortage-in-2022\/","title":{"rendered":"China stares at 1 mn EV shortfall due to chip shortage in 2022"},"content":{"rendered":"<p>The global chip shortage is set to send China&#8217;s EV industry into partial freeze in the first half of 2022, as there will be a shortfall of at least 1 million electric cars amid the soaring demand.<\/p>\n<p>According to South China Morning Post, the companies can produce enough semiconductors, microcontroller units and high-end chips with artificial intelligence (AI) processors for 4 million of the new energy vehicles (NEVs) in China in 2022. <\/p>\n<p>&#8220;The shortage of automotive chips that had hindered the growth of the car market has yet to ease,&#8221; the CPCA said in a research report.<\/p>\n<p>&#8220;The bestselling models still need chips to reinforce their production, and get their backlog of orders executed.&#8221;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The global chip shortage is set to send China&#8217;s EV industry into partial freeze in the first half of 2022, as there will be a shortfall of at least 1 million electric cars amid the soaring demand. According to South China Morning Post, the companies can produce enough semiconductors, microcontroller units and high-end chips with artificial intelligence (AI) processors for 4 million of the new energy vehicles (NEVs) in China in 2022. &#8220;The shortage of automotive chips that had hindered the growth of the car market has yet to ease,&#8221; the CPCA said in a research report. &#8220;The bestselling models [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,232],"tags":[],"class_list":["post-459666","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-power-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/459666","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=459666"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/459666\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=459666"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=459666"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=459666"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}