{"componentChunkName":"component---src-templates-blog-post-js","path":"/blog/semiconductor-shortage-to-cost-carmakers-110bn-in-2021/","result":{"data":{"site":{"siteMetadata":{"title":"No Frills News"}},"contentfulNfnPost":{"postTitle":"Semiconductor shortage to cost carmakers $110bn in 2021","slug":"semiconductor-shortage-to-cost-carmakers-110bn-in-2021","createdLocal":"2021-05-14 14:31:02.652860","publishDate":"2021-05-14 09:12:44+00:00","feedName":"Connected Car","sourceUrl":{"sourceUrl":"https://www.cityam.com/semiconductor-shortage-to-cost-carmakers-110bn-in-2021/"},"postSummary":{"childMarkdownRemark":{"html":"<p>The current global shortage of semiconductors is on track to cost the world’s automakers $110bn in revenue this year, almost twice previous estimates.\nConsultants at Alix Partners said that 3.9m fewer vehicles would be manufactured in 2021 as a result of the shortfall, weighing on car firms’ earnings.\nRead more: What’s causing the current global shortage of semiconductor chips?\nOne by one the world’s car giants have come out to warn that the shortage, caused by a surge in demand for the chips, would hit their production plans.\nThe average car contains 1,400 of the chips, but this figure can be three times higher for electric vehicles.</p>"}}}},"pageContext":{"slug":"semiconductor-shortage-to-cost-carmakers-110bn-in-2021"}}}