Automakers say magnesium shortage not a problem, for now

StreetInsider2021-11-08

BERLIN/LONDON (Reuters) - European automakers reeling from a global chip shortage have in recent days hastened to assure shareholders that shortages of magnesium are not, for now, a risk to their ...

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精彩评论

VaanWu
2021-11-08
VaanWu
Tell me your opinion about this news...
- VaanWu:
  K
Andersonkana
2021-11-08
Andersonkana
Good newd
CFloe
2021-11-08
CFloe
Great
Alexsj2021
2021-11-08
Alexsj2021
Like pls
Grest
2021-11-08
Grest
Is there any other supply issue?
Jaymand
2021-11-08
Jaymand
Ok

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But part manufacturers supplying automakers with key components are heavily reliant on magnesium, which can be used by itself or combined with aluminium to reduce the weight of cars.\nMaking vehicles lighter is particularly useful for extending the driving range of electric vehicles, crucial for Europe's energy transition plans.\nChip shortages have already extended delivery times for new cars, sometimes up to a year. Without a speedy recovery in China's magnesium exports those queues could lengthen, an auto industry source said.\nAuto firms Stellantis and BMW say they do not see an imminent problem with supplies. Others in the sector say their inventories and magnesium already in transit will see them through to early 2022.\nBut Volkswagen's head of purchasing in an earnings call said a shortage was expected.\n\"We cannot forecast right now if the shortage on magnesium, which will happen definitely according to planning, will be bigger than the semiconductor shortage,\" Volkswagen's Murat Aksel said.\nChina's magnesium output is about 50% of normal levels, industry sources said, as soaring coal prices and energy rationing prompted smelters to cut or shut down operations.\nChina has allowed some magnesium producers to resume output, but not by enough to significantly ease the shortage. 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newd","listText":"Good newd","text":"Good newd","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/845458172","repostId":2181772408,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":845463886,"gmtCreate":1636361750458,"gmtModify":1636361750554,"author":{"id":"3574941433887716","authorId":"3574941433887716","name":"CFloe","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"Great","listText":"Great","text":"Great","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/845463886","repostId":2181772408,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":845482297,"gmtCreate":1636361202175,"gmtModify":1636361202564,"author":{"id":"3578806965809804","authorId":"3578806965809804","name":"Alexsj2021","avatar":"https://static.tigerbbs.com/118ce3f5ead4a1ff38f3cc0783c1ccbc","vip":1,"crmLevel":4,"crmLevelSwitch":0},"htmlText":"Like pls&nbsp;","listText":"Like pls&nbsp;","text":"Like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/845482297","repostId":2181772408,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":845482091,"gmtCreate":1636361117134,"gmtModify":1636361118055,"author":{"id":"3581503320247876","authorId":"3581503320247876","name":"Grest","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"Is there any other supply issue?","listText":"Is there any other supply issue?","text":"Is there any other supply 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