The Russia-Ukraine conflict has caused semiconductor companies to stay alert for the price hike due to the material shortage, like inert gases. The automobile industry is also devastated by the prolonged chip shortage and an imminent material shortage of palladium, used in automotive catalytic converters, and nickel, used for electric vehicles. Overall, the conflict has made production cost soaring for manufacturers in both industries. Well-known carmakers, Volkswagen and Renault SA, even face production stoppages due to Ukraine supply issues. The following are the latest EV news on editors' choice for the month.
DIGITIMES Asia launched a brand-new EV channel, which is freely accessible for all visitors. Welcome to join our EV Weekly mailing list to stay tuned for our future updates!