Daimler Truck CEO says he is extra involved about chips than Covid – Information by Automobilnews.eu

Daimler Truck CEO says he is extra involved about chips than Covid

A Mercedes-Benz tremendous lorry leaves the Daimler manufacturing facility in Sindelfingen, Germany, 08 December 2015.

Daniel Maurer | Getty Photos

Daimler Truck CEO Martin Daum revealed Friday that he is extra anxious concerning the world semiconductor scarcity than he’s concerning the financial influence of the coronavirus pandemic.

“I am extra involved about semiconductors than Covid for the time being,” Daum informed CNBC’s “Road Indicators Europe.” “Vans are essential to maintain our system alive, even within the depth of the disaster.”

Daum mentioned he would not see Covid as a serious danger to Daimler Truck for the time being. “The dangers are the provision scenario, particularly on the semiconductor facet,” he mentioned.

The manager mentioned that truck producers usually “estimate the market” after which set targets for market share. “Then you have got a sense for what your manufacturing quota is,” Daum mentioned.

“Today, you name your semiconductor suppliers, ask what number of you will get and that is principally your manufacturing program as a result of you realize each single truck you construct will promote.”

Automotive chipmaker Infineon is struggling to satisfy demand for its semiconductors, in line with the corporate’s CEO, Reinhard Ploss. “The automotive, but in addition different verticals, are very tight presently on provide,” Ploss informed CNBC’s “Squawk Field Europe” on Wednesday.

“We’re far-off from matching the demand,” he mentioned, including that demand is consistently rising as a result of there is a backlog increase. “The issues are rising and piling up over time.”

Infineon opened a brand new 1.6 billion euro ($1.8 billion) semiconductor manufacturing facility in Villach, Austria, in September as a part of an effort to satisfy demand for its merchandise. It mentioned chips from the plant will primarily be used to satisfy demand from the automotive trade, information facilities and renewable power era of photo voltaic and wind energy.

Analysts have mentioned that the transfer towards electrical autos is not serving to the semiconductor scarcity as they’ll require as much as 10 instances as many chips as conventional autos.

However electrical autos being manufactured by Daimler Truck don’t require “considerably increased” numbers of semiconductors in comparison with inner combustion engine equivalents, Daum mentioned.

“I’d say it is lower than 10% in order that’s not the decisive level,” he mentioned.

Daimler Truck CEO says he is extra involved about chips than Covid – Information by Automobilnews.eu


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