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Stellantis Forms $11B 'Ecosystem' To Avoid EV Supply Chain Risks

19 Jul 2023 | Abstracted from Electrek

"Stellantis announced it has entered into agreements worth over $11.2 billion (€10 billion) for semiconductors through 2030...The average EV requires easily over 1,000 chips, with some upward of 5,000 or more.

"The automaker has started to engage with major chipmakers, including Qualcomm, Onsemi, Infineon, and NXP Semiconductors, to optimize its EV platform and technology."

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