Why Europe's fight with Chinese chip company Nexperia has 'worried' GM, Honda, Volkswagen and other auto companies
China's new export restrictions on automotive chips, following the Dutch government's intervention in Nexperia, have sent shockwaves through global automakers like GM and Volkswagen. The move, a response to "serious governance shortcomings" at Nexperia, threatens to disrupt vehicle production as companies warn of potential shortages lasting only weeks, with sourcing alternatives taking months.
China's new export restrictions on automotive chips, following the Dutch government's intervention in Nexperia, have sent shockwaves through global automakers like GM and Volkswagen. The move, a response to "serious governance shortcomings" at Nexperia, threatens to disrupt vehicle production as companies warn of potential shortages lasting only weeks, with sourcing alternatives taking months.
