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The epidemic triggered a chain reaction: Ideal Car lowered its sales forecast due to chip shortages

According to Singapore's Lianhe Zaobao website, due to the impact of the epidemic, the production of special chips for millimeter wave radar suppliers of ideal companies has been seriously hindered. Because chip supply recovered less quickly than expected, Ideal estimated that the sales forecast it had set earlier would decline.

Citing a report from the Economic Observer Network, Ideal Auto said it would continue to monitor market conditions and work closely with supply chain partners to minimize the impact of chip shortages on production.

An insider of Ideal Cars said, "(Chip shortage is) a common problem in the industry, (other car companies) models using 5-generation millimeter wave radar will be affected, and other (problems) can not respond for the time being." ”

According to reports, public information shows that baiqi jihu αT, Weipai's new flagship SUV "Mocha" and Xiaopeng P7 are equipped with Bosch's 5th-generation millimeter-wave radar.

The epidemic triggered a chain reaction: Ideal Car lowered its sales forecast due to chip shortages

As for when the impact of the epidemic in Malaysia on the company's chip supply will end, the above-mentioned person revealed: "This depends on the epidemic situation (development) in Malaysia and the capacity planning of suppliers. ”

Previously, Ideal Auto CEO Li Xiang had publicly said that due to the epidemic, especially the current situation in Malaysia, Ideal Auto was fighting for supply every day, and the situation was no better than its peers. For vehicle capacity, the epidemic is still a huge risk factor.

In August this year, Weilai Automobile, another leading company among China's new domestic car-making enterprises, also experienced a decline in sales affected by the epidemic. In the same month, due to the interference of the epidemic, the Nanjo Quanxing plant, a single supplier of A and B pillar interior panels for NIO ES6 and EC6, was shut down, which had a significant impact on the production of ES6 and EC6 in late August. NIO delivered a total of 5,880 units, down 25.9% month-on-month.

Ideal Has high expectations for its sales targets this year, and has repeatedly said that it will strive to exceed 10,000 units per month by September. According to the data, in September this year, the ideal car delivered a total of 9433 vehicles, which is only less than 600 units away from the expected target. However, with the blockage of the millimeter wave radar supplier's special chip, Ideal Automobile had to lower its sales forecast.

Source: Reference News Network

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