2021 was a year of reckoning across various industries due to the worsening chip crisis. Chip and component supplies ran dry, exposing weaknesses in supply chains, while manufacturers scrambled to adjust product lines.
Tesla remains king of EVs thanks to exponential growth, despite the chip crisis: Strong sales in China and Europe propelled growth, but safety worries and expensive recalls taint Tesla’s rise.
Ford to offer EV charging, telematics as a service: Covering EV pain points can help Ford gain a foothold in the commercial EV market and lead to wider adoption by government and businesses.
Intel shifts offshore to Malaysia to expand chip fabs: Facing rising competition back home, America's largest chipmaker could benefit from foreign incentives to expand its chip production.
GM’s Silverado EV truck on track for 2023 production: 400-mile range in a full-size electric truck could accelerate shift to EVs—if pricing and battery concerns are addressed.