{"id":580360,"date":"2022-12-21T14:10:24","date_gmt":"2022-12-21T14:10:24","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2022\/12\/21\/theres-more-pain-ahead-for-the-global-auto-industry-productivity-really-takes-a-nosedive-around-holiday-season\/"},"modified":"2022-12-21T14:10:24","modified_gmt":"2022-12-21T14:10:24","slug":"theres-more-pain-ahead-for-the-global-auto-industry-productivity-really-takes-a-nosedive-around-holiday-season","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2022\/12\/21\/theres-more-pain-ahead-for-the-global-auto-industry-productivity-really-takes-a-nosedive-around-holiday-season\/","title":{"rendered":"There\u2019s more pain ahead for the global auto industry + Productivity really takes a nosedive around holiday season"},"content":{"rendered":"

The global auto industry is preparing for semiconductor shortages to last until the end of<\/strong> 2023<\/strong>, driven by an increase in electric vehicle demand and \u201cmore connected functions\u201d in regular fuel cars, the Financial Times<\/a> reports. Advanced power chips known as silicon carbide chips (SiC) \u2014 which are specifically used for EVs \u2014 are expected to see a 14% compounded annual growth rate by 2030, the salmon-colored paper reports. Semiconductor manufacturers plan to expand plant capacity, but current production rates are struggling to keep up with the demand of long-term supply agreements. This shortage is piling onto the preexisting supply tightness caused by covid-19 lockdowns, which disrupted chip production and global supply chains<\/a>, and is expected to take years to be resolved.<\/p>\n

<\/a> It\u2019s the most wonderful time of the year \u2014 to not work: <\/strong>Across the globe as Christmas and New Year\u2019s draw nearer, employees are likely to have checked out of work between 16-19 December, with their focus pulled to holiday planning, the Financial Times<\/a>reports. And it\u2019s not just the staff that have mentally clocked off \u2014 companies with lighter end-of-year workloads are using the slower pace to offer staff incentives, like bonus Christmas shopping days. Packed Christmas markets and bars are an indication that many are embracing the distraction of Christmas despite the cost-of-living crisis, the FT says.<\/p>\n","protected":false},"excerpt":{"rendered":"

The global auto industry is preparing for semiconductor shortages to last until the end of 2023, driven by an increase in electric vehicle demand and \u201cmore connected functions\u201d in regular fuel cars, the Financial Times reports. Advanced power chips known as silicon carbide chips (SiC) \u2014 which are specifically used for EVs \u2014 are expected […]<\/p>\n","protected":false},"author":1,"featured_media":580361,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7215],"tags":[144,633,356,638,1120,645],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-580360","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-for-your-commute","tag-automotive","tag-enterprisepm","tag-evs","tag-for-your-commute","tag-office-life","tag-semiconductors","wpautop","entry"],"acf":{"mongo_id":"ec0e7af3-1342-4438-aad6-a501f10b6488","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2022\/12\/763.jpg","photo_position":"above","related_issue":[580355],"teaser":"","voice_url":""},"yoast_head":"\nThere\u2019s more pain ahead for the global auto industry + Productivity really takes a nosedive around holiday season - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2022\/12\/21\/theres-more-pain-ahead-for-the-global-auto-industry-productivity-really-takes-a-nosedive-around-holiday-season\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"There\u2019s more pain ahead for the global auto industry + Productivity really takes a nosedive around holiday season\" \/>\n<meta property=\"og:description\" content=\"The global auto industry is preparing for semiconductor shortages to last until the end of 2023, driven by an increase in electric vehicle demand and \u201cmore connected functions\u201d in regular fuel cars, the Financial Times reports. Advanced power chips known as silicon carbide chips (SiC) \u2014 which are specifically used for EVs \u2014 are expected […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2022\/12\/21\/theres-more-pain-ahead-for-the-global-auto-industry-productivity-really-takes-a-nosedive-around-holiday-season\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2022-12-21T14:10:24+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2022\/12\/763.jpg?fit=%2C&ssl=1\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/12\/21\/theres-more-pain-ahead-for-the-global-auto-industry-productivity-really-takes-a-nosedive-around-holiday-season\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/12\/21\/theres-more-pain-ahead-for-the-global-auto-industry-productivity-really-takes-a-nosedive-around-holiday-season\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"There\u2019s more pain ahead for the global auto industry + Productivity really takes a nosedive around holiday season\",\"datePublished\":\"2022-12-21T14:10:24+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/12\/21\/theres-more-pain-ahead-for-the-global-auto-industry-productivity-really-takes-a-nosedive-around-holiday-season\/\"},\"wordCount\":234,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/12\/21\/theres-more-pain-ahead-for-the-global-auto-industry-productivity-really-takes-a-nosedive-around-holiday-season\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2022\/12\/763.jpg?fit=%2C&ssl=1\",\"keywords\":[\"automotive\",\"EnterprisePM\",\"EVs\",\"FOR YOUR COMMUTE\",\"office life\",\"semiconductors\"],\"articleSection\":[\"FOR YOUR COMMUTE\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/12\/21\/theres-more-pain-ahead-for-the-global-auto-industry-productivity-really-takes-a-nosedive-around-holiday-season\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2022\/12\/21\/theres-more-pain-ahead-for-the-global-auto-industry-productivity-really-takes-a-nosedive-around-holiday-season\/\",\"name\":\"There\u2019s more pain ahead for the global auto industry + Productivity really takes a nosedive around holiday season - 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This time it\u2019s with electronic devices and car production, which have been hit by a shortage in semiconductors \u2014 the building blocks of microchips that power\u2026","rel":"","context":"In "Macro picture"","block_context":{"text":"Macro picture","link":"https:\/\/enterpriseam.com\/egypt\/category\/explainers\/macro-picture\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/2\/525.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":552874,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/10\/05\/nobel-prize-for-chemistry-goes-to-lego-bricks-for-molecules-chinas-semiconductor-industry-is-getting-a-harder-time-from-the-us\/","url_meta":{"origin":580360,"position":1},"title":"Nobel Prize for Chemistry goes to: Lego bricks for molecules + China\u2019s semiconductor industry is getting a harder time from the US","author":"enterpriseam admin","date":"5 October 2022","format":false,"excerpt":"The Nobel Prize in Chemistry 2022 went to Carolyn R. 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The average monthly payment for a new car in the US has nearly doubled since 2019, while the price to buy outright has increased by 30%, with the same trend holding when it comes to\u2026","rel":"","context":"In "FOR YOUR COMMUTE"","block_context":{"text":"FOR YOUR COMMUTE","link":"https:\/\/enterpriseam.com\/egypt\/category\/for-your-commute\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/wp-content\/uploads\/2023\/02\/Cars__1600.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":583503,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/03\/02\/the-us-wants-to-reshape-the-global-semiconductor-industry-in-its-favor\/","url_meta":{"origin":580360,"position":4},"title":"The US wants to reshape the global semiconductor industry in its favor","author":"enterpriseam admin","date":"2 March 2023","format":false,"excerpt":"The US wants to beat China on chips: Rising geopolitical tensions with China have the US scrambling to onshore the manufacture of more parts and products. Nowhere is that more apparent than with semiconductors, or chips, which are a key component of everything from cars to computers, smartphones, appliances, and\u2026","rel":"","context":"In "Tech"","block_context":{"text":"Tech","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/tech\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/12\/chip.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":543411,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/01\/31\/fossil-fuel-giants-are-continuing-their-polluting-streak-with-plastic-production-chipmakers-could-have-a-booming-decade-if-all-goes-well\/","url_meta":{"origin":580360,"position":5},"title":"Fossil fuel giants are continuing their polluting streak with plastic production + Chipmakers could have a booming decade if all goes well","author":"enterpriseam admin","date":"31 January 2022","format":false,"excerpt":"How are fossil fuel giants going to cope with the switch to green energy? Flooding emerging economies with plastic: The fossil fuel industry is leaning into plastic production to stay afloat over the next several years as the energy transition drives down demand for oil and gas, CNBC reports, which\u2026","rel":"","context":"In "FOR YOUR COMMUTE"","block_context":{"text":"FOR YOUR COMMUTE","link":"https:\/\/enterpriseam.com\/egypt\/category\/for-your-commute\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/1\/551.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/580360","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=580360"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/580360\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/afternoon\/580355"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/580361"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=580360"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=580360"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=580360"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=580360"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=580360"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}