Yusin Hu / DigiTimes: IT news from Asia
Chinese EV makers foray into semiconductor and battery – Chinese EV makers are investing in semiconductors and battery packs in order to resolve persisting material shortages. About 10% of the 1,000 car chips used in a NIO vehicle are undersupplied, said NIO CEO William Li in a conference call recently. It was the low-end semiconductors that are running short, …