Mainly imported from Germany! China's own automotive chips account for only 4.5 percent of global production capacity.
Recently, \"lack of core\" has become the biggest problem in the global automotive industry. IHS Markit, the world's leading data provider, predicts that due to a global shortage of automotive chips, vehicle production will be about 672,000 fewer than initially expected in the first quarter of 2021. Total car production will be cut by 964,000 by the end of this year. At present, auto giants including General Motors, Volkswagen, Toyota and Ford have been affected by the chip shortage and forced to face production cuts. So, the global automotive industry into the chip crisis, will bring China what opportunities? In the long run, the automotive industry is moving towards electrification, intelligence and networking, and the demand for chips will be increasing.