NASTF’s Donny Seyfer breaks down the entanglements of trying not to fall behind in the industry while simultaneously dealing with timely issues like Right to Repair legislation.
The move is a sign that companies from outside the semiconductor business are looking to help alleviate the shortage that is hurting the auto industry.
Three plants previously unaffected by semiconductor supply problems will be idled or have output reduced for one or two weeks, including a factory in Tennessee and another in Michigan.
Biden’s proposal includes $174 billion for electric vehicles, including hundreds of thousands of charging stations, tax incentives for electric cars, and government fleets that are all electric.