FTI cites China’s rare earth controls
Electric vehicle (EV) manufacturers may encounter another chip shortage following China’s recent decision to restrict the export of two metals as a result of the US-China trade dispute, says the Federation of Thai Industries (FTI).
Beijing’s announcement of trade controls from Aug 1 on some gallium and germanium products, which are used in the chip and EV industries, is expected to disrupt global supply chains and intensify the trade war with Washington, according to media reports.
The Chinese government said the restriction is…
