Project to build German EV microchip factory put on hold

Project to build German EV microchip factory put on hold

Electric, hybrid and low-emission cars, Environment, Motoring, Self-driving cars, Technology, Germany, Business, World news Business | The Guardian

​US firm Wolfspeed and German car parts supplier ZF postpone plans over doubts over viabilityA project to build a €3bn factory making microchips for electric vehicles once hailed as part of a “return of the industrial revolution” in Germany has been put on hold, as the crisis in the country’s hi-tech manufacturing industry deepened.US company Wolfspeed and German car parts supplier ZF have postponed plans to build an EV chip factory, adding to problems caused by a delay to two large-scale factories by US chip giant Intel and potential factory closures being considered by German carmaker Volkswagen. Continue reading… 

US firm Wolfspeed and German car parts supplier ZF postpone plans over doubts over viability

A project to build a €3bn factory making microchips for electric vehicles once hailed as part of a “return of the industrial revolution” in Germany has been put on hold, as the crisis in the country’s hi-tech manufacturing industry deepened.

US company Wolfspeed and German car parts supplier ZF have postponed plans to build an EV chip factory, adding to problems caused by a delay to two large-scale factories by US chip giant Intel and potential factory closures being considered by German carmaker Volkswagen.

Continue reading… 

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