Hey, Your Top Automobile News for May 13, 2021

Your Daily Automobile updates From Around The World [  The Automobile News]( You Might Like [Learn more about RevenueStripe...](     [The Global Chip Shortage Is Starting To Have Major Real-World Consequences]( - As technology has advanced, semiconductor chips have spread from computers and cars to toothbrushes and tumble dryers — they now lurk beneath the hood of a surprising number of products. - But demand for chips is continuing to outstrip supply, and car makers are no longer the only companies feeling the pinch. - Many companies — particularly those in China who have been hit by sanctions — are boosting their stockpiles of in-demand chips to try to ride out the storm, but that’s making chips even harder to get hold of for other firms. The severity of the global chip shortage has gone up a notch over the last few weeks and it’s now looking as though millions of people will be impacted. As technology has advanced, semiconductor chips have spread from computers and cars to toothbrushes and tumble dryers — they now lurk beneath the hood of a surprising number of products. But demand for chips is continuing to outstrip supply, and car makers are no longer the only companies feeling the pinch. Alan Priestley, an analyst at Gartner, told CNBC that the average person on the street is bound to be impacted by the chip shortage in one form or another. [Read Full Article](   [Explained: Delhi’s Ambitious Plan To Switch To Electric Vehicles And The Infrastructure Needed]( Chief Minister Arvind Kejriwal had in 2020 described the policy as a step towards reducing pollution levels in the city. In August 2020, the Delhi government launched the Delhi Electric Vehicle Policy with an aim to drive the transition to Battery Electric Vehicles, so that they contribute to 25 per cent of the total new vehicle registrations by 2024. Chief Minister Arvind Kejriwal had then described the policy as a step towards reducing pollution levels in the city. An aspect of this policy is the creation of EV charging infrastructure to support this transition. Delhi’s power minister Satyendra Jain announced last week that in the first phase, the government aims to install 500 Electric Vehicle (EV) charging points at 100 locations, and, as per the Delhi EV Policy, new constructions shall have EV chargers in 20 per cent of its parking spaces, and those with more than 100 parking spaces shall reserve 5 per cent for such chargers. What are the EV charging bays to be built in Delhi? In phase 1, 100 electric-vehicle (EV) charging bays and battery swapping stations, each with the capacity to charge 5 vehicles are set to come up in 100 locations, most of them in land owned by the Delhi Metro Rail Corporation (DMRC). These shall be within 3 km of each other and come with a minimum output of 3.3 KW. [Read Full Article](   [Here’s How EV Startup Arrival Plans To Tear Up The Rule Book]( Following last year’s merger with blank-check company CIIG Merger Group, the company’s value now stands at a whopping $5.4b. EV startup Arrival intends to redefine vehicle production with modular designs and micro-factories – but can it succeed amid stiff competition from larger and more established brands? Britain’s Arrival is the new kid on the EV block. Founded in 2015 by Russian entrepreneur Denis Sverdlov, the company has already signed deals to build commercial vehicles for UPS and Uber and attracted major investment from two big hitters in the auto industry, Hyundai and Kia. Since March, Arrival has been trading on Nasdaq following last year’s merger with blank-check company CIIG Merger Group, and its value now stands at a whopping $5.4b. For any established vehicle manufacturing company, this would seem quite normal, but Arrival has achieved all this without selling a single vehicle and before having a production-ready factory. [Read Full Article]( You Might Like [Learn more about RevenueStripe...](     Connect with the automobile news on social media platforms  [Facebook]( [Twitter]( [Linkedin]( You received this email because you operate or create content for a website/service and based on your website it seemed like this could be important information to you and your users. This newsletter is managed by [Postbox Consultancy Services Pvt. Ltd](.C-4/5, IBD Emporia, Kolar Road, Bhopal, Madhya Pradesh, INDIA, 462042 Want to change how you receive these emails? [Update your preferences]( or [Unsubscribe](