What was one of the initial concerns for the automotive industry regarding chip shortages?
Chip Crisis Worsens for Automakers

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5 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The rise of electric vehicles
Outdated chip technology
Increased demand for luxury cars
Lack of skilled labor
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How much financial loss did Alixpartners estimate for the automotive industry due to chip shortages in 2021?
$61 billion
$300 billion
$110 billion
$210 billion
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What market change has been observed due to the chip shortage?
Shift to electric vehicles
More investment in public transport
Increase in secondhand car market
Decrease in car prices
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a necessary change for the automotive industry to address the chip shortage?
Focus on luxury car models
Closer ties with semiconductor companies
Expansion into new markets
Increase in car production
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which company was highlighted as a key participant in the recent car show?
NVIDIA
Ford
Tesla
Intel
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