Automotive Chip Shortage 2024 Fixed Income

Automotive Chip Shortage 2024 Fixed Income. In short, the dearth of supply of semiconductor chips that hobbled vehicle production for most of 2021 and 2022 has faded into the background — with some exceptions — according to recent analysis by s&p global mobility. The world will have lost 11.3 million units of production in 2021 because of the chip shortage, according to autoforecast solutions.

To address the semiconductor chip shortage, the automotive industry is exploring several innovative technologies and solutions. The semiconductor shortages that have plagued the automotive industry may persist in some form through as late as 2026.