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Chips shortage could impact Q4 EV volumes

Posted on - 09 Sep 2021

Category - Data update

While it hasn’t been stated as yet, we are concerned that the semiconductor chip shortage, which has caused a number of major OEMs to idle production capacity over the summer, could impact EV production at a key point in the year. That is because Q4 is seasonally the strongest period for EV sales, particularly in China. Any disruption of the supply chain in the coming weeks could impact that. While EV sales are already on track for a record year, based on YTD data alone, the potential exists for an absolutely amazing year if they run in line with seasonal...

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