China's car industry is accelerating its push for self-reliance, driven by a surge in demand for semiconductor chips that has sparked concerns over reliance on foreign suppliers. Chinese carmakers, including giants like Geely and SAIC, are investing heavily in domestic chip production to mitigate the risks of supply chain disruptions and trade tensions. This move is part of China's broader efforts to reduce its dependence on imported technology and strengthen its national semiconductor industry. As the global chip shortage continues to impact the automotive sector, China's carmakers are seizing the opportunity to boost their domestic capabilities and drive growth in the sector.
Chinese carmakers’ hunger for chips boosts national self-reliance drive Financial Times
