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04 Jan
14:58

Electrical steel bottlenecks seen throttling e-car production

While global car production is suffering from the shortage of semiconductor chips, the production of electric vehicles faces the additional obstacle of insufficient capacity of electrical steel, according to analytics agency IHS Markit. Manufacturers of diverse machineries are struggling to negotiate supply contracts with steel mills for 2022, particularly for electrical steel, says John Anton, director of pricing and purchasing at IHS Markit. Carmakers have been …
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