Hot Spots-6 Yuan Chip Black Market To 5000? Related Company Emergency Response

     On October 9, media reports, the recent ideal car from black market bought thousands of pieces of electronic parking (EPB) chip, the normal price of EPB chip is about 6 yuan/piece of ideal car purchase price of about 5000 yuan/piece, beyond the normal price of more than 800 times.

    China securities journal reporter to ideal auto verification, the company denies.

     The company deniedIdeal car to the China securities journal reporter said it did in the case of chip lack assure you chip supply. Each car companies will choose buy spot chips in formal channels. Ideal car will try to pick up the car for the user to provide adequate preparation and service.

     On October 8th, ideal auto release about "ideal ONE delivery plan communication" file. Company said that because of the influence of Malaysia suffered outbreaks, under the influence of force majeure, millimeter wave radar chip supply shortages, affected the ideal ONE, the production and delivery on time.

    Was scheduled for October and November delivery of users, can choose after forward before delivery "1 + 2 Angle of millimeter wave radar" version 3 radar, company plans to in December to during the Spring Festival after the completion of millimeter wave radar.

     Models for installation only 3 radar, automatic folding and crossing vehicles ahead early warning is not available, other ADAS functions can be normal use. If the user doesn't select "3 snow model", need to wait until December to mention 5 radar full version models.

    On September 20, the ideal car third quarter deliveries outlook announcement. Company said that affected by Malaysia COVID - 19 outbreak, millimeter wave radar supplier by the company adopts the special-purpose chip production seriously. Due to the supply of the chip back less than expected, the company is expected in the third quarter of 2021 delivery quantity of about 24500 cars, a 25000-26000 before the car delivery quantity is lower.

Affected by the lack of core ideal auto sales appear a sharp drop in September, in September sales is only 7094, fell 24.8%, after the ideal car with the ideal ONE, only ONE car in July and August win the monthly sales volume champion building cars new forces.

      As building cars in September to wei and xiao peng vehicle of the forces of the new sales have been broken. Wei to September sales to 10600 vehicles, xiao peng sales to 10400 vehicles.

       According to chip shortage problem, the ideal car Shen Yanan co-founder and chief executive officer said recently: "be affected by shortages of chip supply continued, the ideal car deliveries fell in September. We are taking more measures to ensure the supply of spare parts, hope to pick up the car as much as possible to shorten the user waiting period.

    Chip supply is expected to increase slowlyIron core has become a pain spot of the world's automakers.

    Since this year, many automakers intermittent shut down or cut production. Chinese automobile circulation association, according to data released in September 2021, the car dealer inventory early warning index is 50.9%, approaching from the line, the depressed range. Auto chip price has been bid up, some enterprises of markup percentage as high as 4543%

    On September 24, tesla CEO elon musk, said chip shortage is a short-term problem, not a long-term problem, global iron core problem is expected at the end of next year. There are many fabs is under construction, chip production capacity will be released next year.

     Chinese automobile circulation association, said in October sales season, lack of core problem has not been alleviated. However, the auto chip gap peak has in the past, the future chips will be slow to ascend, but to bus terminal sales also need three to five months.

     Sealand securities, said the fourth quarter of the domestic automobile chip supply will remain under pressure, or to a certain extent, restrict some oems capacity, but at the end of September to the boom of market continued ascension trend remains the same, is expected to China's automobile production volume year-on-year growth of 10% in the whole year of 2021, according to by cib forecast, All of 2021 China's new energy vehicle sales are expected to exceed 3 million vehicles.