"Electric cars require 2,000 chips each, but chips are already in short supply globally, adding urgency for Congress to endorse subsidies for semiconductor production, Gina Raimondo says"
"DETROIT — The United States won’t meet the Biden administration’s goal of widespread electric-vehicle adoption without urgent investment in domestic semiconductor manufacturing, Commerce Secretary Gina Raimondo said.
Demand for computer chips is already far outstripping supply, a problem that will intensify with widespread adoption of electric cars, which require more chips per vehicle, Raimondo told journalists before meeting with automakers and delivering a speech about the chip shortage Monday in Detroit.
She urged Congress to pass the Chips Act, which would authorize $52 billion in subsidies for domestic semiconductor manufacturing and research. The Senate passed the bill in June, but the House has not yet cleared it.
The Biden administration is aiming to make half of all new vehicles sold in 2030 zero-emissions vehicles, including electric, plug-in hybrid or fuel cell electric vehicles."