Apr 08, 2021 11:45 AM (GMT+8) · EqualOcean
South Korea's auto industry has also been hit hard by a shortage of chips, South Korea's Radio International reported Tuesday. On the 7th local time, Hyundai Motor's Yushan No.1 Factory in South Korea, which produces Kona and ioniq5 models of electric vehicles, entered a one week shutdown. The reason is the serious shortage of electric vehicle chips, resulting in the shortage of core parts for the ioniq5 electric vehicles with a reservation of 40000. In addition, Hyundai is also negotiating with trade unions to close the Yashan plant in South Korea, which is mainly used to produce Sonata and yazun cars.