European carmakers face EU pressure to diversify chip suppliers

Euronews: European carmakers will be required to buy chips from at least two suppliers in certain cases and to incorporate supply chain resilience into their procurement decisions, according to a draft law the European Commission is expected to present next month.

After a series of supply chain shocks, the EU is set to impose mandatory measures on the likes of Volkswagen, Stellantis and Renault to prevent excessive dependence on a single chip supplier, most notably from China, according to two EU officials…

Subscribe
Notify of
guest
0 Comments
Oldest
Newest Most Voted
Inline Feedbacks
View all comments
×