While auto manufacturers may be anxious to obtain more semiconductors, they’re not so eager to talk when it comes to the Biden administration’s push for their chip data.
Commerce Secretary Gina Raimondo recently threatened to use the Defense Production Act to get automakers to hand over information regarding their chip inventories versus their actual production needs.
Raimondo believes that having such data can help curb hoarding and create a more equitable approach to divvying up chips from strained manufacturers.
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But providing unprecedented access to such information may do little to help vehicle manufacturers in the midst of a global economy hungry for the latest electronics that don’t use older chips typically sourced for vehicle production.
