European carmakers face Nexperia chip supply shock
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As if European carmakers needed more reminders of their dependency on China, new ones keep popping up. The industry is bracing for production stops after chip supplier Nexperia warned that a spat between the Netherlands, where the firm is located, and the firm's Chinese owners could hit supply. They're also preparing for a squeeze on raw materials key for electric motors after new figures from China's customs office released last week showed China's rare-earth exports fell 31% in September
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