"We hope the chip supply crisis will bottom out this summer and expect to see an improvement in this situation within the second half of the year," Woellenstein, told.
At Volkswagen, which aims to overtake Tesla as the world's largest electric vehicle (EV) maker by 2025, battery EVs accounted for just 3% of global sales last year.
The deal, announced on Friday, comes as automakers around the world scramble for access to lithium and other electric vehicle (EV) metals as internal combustion engines are phased out.
Nissan's announcement today is a major vote of confidence in the UK and our highly-skilled workers in the northeast, and it's a pivotal moment in our electric vehicle revolution securing its future for decades to come.
The president agreed to a scaled-down infrastructure package earlier this month worth $1.2 trillion with a bipartisan group of senators that does not include many of his policy priorities, like the tax credits and rebates, federal funding of pre-kindergarten or community college.