It is projected that globally, the shortage will cost the industry $61 billion, and through the first quarter of this year, one million fewer vehicles will be produced worldwide. The first signs of a semiconductor shortage appeared late last year, and now, a month and a half into 2021, the scope of the impacts is coming into view. Plants across North America are seeing production schedules adjusted to properly allocate the limited number of microchips —which are made up of semiconductors—reaching automotive assembly plants. As the New York Times noted recently, a new car or truck can have as many as 100 of the chips on board as essential components in everything from touchscreens to transmissions. Supplier Issues Hurting Restart of Car Production General Motors, Ford , Stellantis, Toyota , Volkswagen , Honda , Nissan , and Subaru have all had to adjust production as a result of the scarcity of semiconductors. By and large, the automakers are prioritizing their high-margin vehicles, such as trucks and SUVs, and cutting production of high-inventory vehicles—but nonetheless, that hasn’t prevented vehicles such as the Ford F-150 from seeing production cut back. Ford has adjusted production schedules at five of its North American plants, including at the Michigan Dearborn Truck Plant, Kansas City Assembly, Chicago Assembly, Louisville Assembly, and Oakville Assembly in Ontario, Canada. Those five plants assemble many vehicles, including the Ford Explorer , F-150 (in both Dearborn and Kansas City), Escape , and Edge , as well as the Lincoln Corsair , Nautilus , and Aviator . U.S. Automakers to Extend Production Shutdown At Ford’s crosstown rival, General Motors, the semiconductor shortage has had similar effects. Production at three plants has been adjusted, including Fairfax Assembly in Kansas City, CAMI Assembly in Ingersoll, Ontario, and San Luis Potosí Assembly in Mexico. These three plants are responsible for the Cadillac XT4 , the Chevrolet Malibu and Equinox , and the GMC Terrain . Two other plants, Ramos Arizpe Assembly in Mexico and Wentzville Assembly in Missouri, are building partially assembled vehicles; once the needed microchips are again available, those vehicles will be finished. These plants are responsible for the Chevrolet Colorado and Blazer as well as full-size Chevy and GMC vans. Because automakers are prioritizing their high-inventory vehicles, the shortage hasn't yet been reflected in the selection of vehicles reaching dealer lots. Nonetheless, this could change, and buyers could end up not being able to find the cars that they want, Kristin Dziczek, VP of research at the Center for Automotive Research, told Car and Driver in January. In North America, Stellantis—now the owner of FCA and Peugeot—has seen a number of plants adjust production including Toluca Car Assembly in Mexico, Brampton Assembly in Ontario, Belvidere Assembly in Illinois, and Windsor Assembly in Ontario.https://www.caranddriver.com/news/a35567273/semiconductor-shortage-halting-production/
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Gates pushed back on Texas Governor Greg Abbott's claim that frozen wind turbines were to blame for the massive power failure. Gates said America's dependence on renewable energy sources isn't high enough to worry about their stability — the problem was natural gas plants that were not weatherized. "This is not because of renewable dependency," Gates told Cooper. "This is natural gas plants, largely, that weren't weatherized. They could've been. It costs money, and the trade off was made, and it didn't work out, and it's tragic that its lead to people dying." He argued that because climate change is the root cause of extreme weather events, green energy must be the future to prevent even worse disasters than the ones unfolding now across the globe. "It is ironic to blame renewables and not realize that were going to have to be dealing with this unless we get the whole world to reduce omissions," Gates said. He also spoke to Cooper about Covid-19, climate change and the need for innovation in order to lower carbon emissions. Gates painted a grim picture for the what the world will look like without well-funded research and development for green innovations, a cause he has dedicated himself to. Natural ecosystems and the ability to farm in some parts of the world will be destroyed, leading to war and instability, he said. That's why Gates wants this research and development funding to triple to $35 billion. He said many people aren't aware of the emissions generated by manufacturing and farming, and that we need to commit to finding unique approaches to meet market demand for these industries. The deadline for all of this: 2050 , Gates said. "2050 is literally the soonest it could get done given the scale and the number of things you have to change," Gates said. The world needs a massive breakthrough, and Gates is looking for one. He said he's faced many dead ends in his investments , which have an 80% failure rate.https://www.cnn.com/2021/02/20/business/bill-gates-anderson-cooper-interview-texas/index.html