
Volkswagen: The shortage will last until 2024.
There are a number of problems with the production and supply of semiconductors in the coming years.
Volkswagen‘s chief financial officer, Arno Adlitz, expressed some scepticism in an interview with the Saturday edition of the German newspaper Boersen-Zeitung. He argued that the global supply chain will soften at the end of this year.
Despite this positive element, tight supply will continue due to sustained high demand from many sectors. It also may be seen for at least a few years.
One of the main reasons for this disruption is anything related to Russia and the war in Ukraine. Recently, they have increased production, but by then it was too late as all the materials had run out. In addition, both Audi and Volkswagen tried to source supplies from new suppliers, but had a hard time convincing them due to the potential loss of profits from doing so.
In addition, he said, companies that can’t make sure their supply chain is covered with batteries will be at a disadvantage when competing to be the most electric.
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Author: PC-GR
The World of Technology