BY esmina martins

Auto Companies Gear-Up as the Chip Shortage Glides By

Auto Companies Gear-Up as the Chip Shortage Glides By

The semiconductor chip shortage has been an automaker's worst nightmare for far too long...

Semiconductor Microchips/Google

Not only did it decrease overall revenue, many cars had to lose some of their best features due to it too.

Chevrolet Silverado/Google

BUT THINGS ARE FINALLY LOOKING UP

does this mean the shortage has ended

?

NO. NOT YET ANYWAY

Though the shortage hasn't been put completely behind us, it is getting better...

Toyota Hyryder/Google

There was a point at which we thought automakers would have to postpone launces...

Mercedes AMG EQS/Google

But is now unnecessary as automakers will be able to launch their quota of vehicles by FY23

Audi Q3/Google

most of the passenger vehicles are said to be ev's or sports cars