The European Automobile Manufacturers’ Association (ACEA) on 16th October issued a statement calling for a quick resolution of critical chip supply disruptions from a major chipmaker caused by major geopolitical factors. Nexperia, a Dutch chipmaker, said that it can’t guarantee supply of European car manufacturers after China imposed an export ban in retaliatory action, potentially disrupting the automobile industry in Europe. ACEA said that it deeply concerned by potential significant disruption to European vehicle manufacturing if the interruption of Nexperia chips supplies cannot be immediately resolved.

This dramatic escalation of global trade tensions was caused by the Dutch government’s seizure of Chinese-owned semiconductor firm Nexperia after U.S. threatened to sanction the compan

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