As car manufacturers unveil new electric vehicles at the Munich car show, the global shortage of chips and rising raw material costs is casting a shadow over the event
Forced to shut down plants last year, carmakers now face increasing competition from the consumer electronics industry for chip deliveries. That problem has been compounded by a series of supply chain disruptions during the pandemic.
Cars have become increasingly dependent on chips - for everything from computer management of engines for better fuel economy to driver-assistance features such as emergency braking. Speaking during the launch of a couple of electric vehicles on Sunday evening, Ola Källenius, CEO at premium German carmaker Daimler AG
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