Structural weaknesses and flawed practices inside the automotive industry have played a part in the pandemic-induced semiconductor shortage.
What’s at stake?
Beefing up semiconductor production capacity alone won’t solve the supply chain crisis afflicting automotive OEMs and EV startups. The players must look at their internal processes and program management — or lack thereof — for answers.
Since the onset of the Covid-19 pandemic, the automotive industry has been one of the segments hit hardest and longest by the global semiconductor shortage.