The pain of "lack of core" EV hurts the most
The pain of "lack of core" EV hurts the most
"Lack of cores" is the biggest challenge currently facing the global automotive industry. Comparing the above figures, it is not difficult to imagine that hybrid and pure electric vehicles should be the hardest hit areas for "lack of cores". In this context, the Ministry of Industry and Information Technology guided the China Automotive Chip Industry Innovation Strategic Alliance and other institutions to launch the "Automotive Semiconductor Supply and Demand Docking Handbook".
The "Handbook" includes 568 products from 59 semiconductor companies, covering 10 major products including computing chips, control chips, power chips, communication chips, sensor chips, information security chips, power chips, driver chips, memory chips, and analog chips. There are 53 sub-categories of products, accounting for 80% of the 66 sub-categories of automotive semiconductors, of which a total of 246 products have been applied in cars, accounting for 43% of the total number of products included.
According to IHS Markit's forecast, the chip shortage will lead to a reduction of 250,000 units in the first quarter in China, the largest auto market, and 100,000 units in Europe, while auto production in North America, Japan and India will also be affected to varying degrees. Now this core shortage war will continue, and we can feel from another aspect that the semiconductor industry and the automotive industry are more and more closely integrated.
Epilogue
In Deloitte's report on five major trends in China's new energy vehicle market, it is mentioned that pure electric vehicles and fuel cell vehicles will jointly dominate the development of China's new energy vehicle market. Pure electric models will be the mainstream products in the passenger car market, and hybrid models are just a transition. With the rapid improvement of technology, cruising range and convenience of charging will no longer be an obstacle for users to purchase, and intelligent, networked, and user-friendly functional design will become the key to differentiated competition of new energy vehicle products.
The next few years will be an exciting year for technological innovation in the electric vehicle space, as electric vehicles gain momentum. Deloitte estimates that by 2024, electric vehicles will account for 10% of the total vehicle market. The rise of electric vehicles is irresistible. At present, electric vehicles may not be a perfect technology, and innovations around key technologies such as VCU, MCU, BMS, and charging solutions will continue.
