Volkswagen, BMW, Mercedes and GM raise alarm as Europe vs Chinese chip company Nexperia battle continues
New Chinese export restrictions on chips and automotive components, triggered by the Dutch government's intervention in Nexperia, are causing concern for Europe's automotive supply chain. Volkswagen has warned of potential production stoppages due to chip shortages, while BMW and Mercedes-Benz are working to secure supplies amid escalating tech tensions.
New Chinese export restrictions on chips and automotive components, triggered by the Dutch government's intervention in Nexperia, are causing concern for Europe's automotive supply chain. Volkswagen has warned of potential production stoppages due to chip shortages, while BMW and Mercedes-Benz are working to secure supplies amid escalating tech tensions.
