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Global supply shortage of chipsets & electronics hits Ola Electric, company pushes delivery schedule by 3-5 weeks

20 Nov 2021, 13:30 IST20 Nov 2021, 13:30 ISTRelevance: 75%
Global supply shortage of chipsets & electronics hits Ola Electric, company pushes delivery schedule by 3-5 weeks

📊Executive Summary

Ola Electric is facing a global supply shortage of chipsets and electronics, leading to a delay in their delivery schedule by 3-5 weeks. The company plans to start test rides for its electric scooters in various cities starting November 27, 2021, but the ongoing shortage may impact their production and availability of future models. This situation highlights the critical need for procurement teams to monitor the availability of electronic components and adapt their sourcing strategies accordingly....

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Classification

Industries

Automotive
Consumer Electronics

Components

Semiconductors & ICs
Passive Components

Regions

India

Topics

Supply Shortage
Semiconductor

Risk Categories

Supply Shortage
Lead Time Increase