According to the analysis report from the market, the chip shortage situation has become worsen by the aggravate epidemic situation in Malaysia.

Affected by that, the automakers in China might have to cut their output to react recently, and some of the market participants predicted that the production of automobiles in China would decline 500,000-700,000 units in August.

Although the market was pessimistic about the chip supply recovery, the market still believed the total sales of automobiles in the world would become better than 2020 this year.