Nov 18 (Reuters) – General Motors (GM.N) aims to tackle the global semiconductor shortage with new designs built in North America, President Mark Reuss said on Thursday.
Reuss told an investor conference GM is working with seven chip suppliers on three new families of microcontrollers that will reduce the number of unique chips by 95% on future vehicles.
Most of GM’s future investment in the new microcontroller families “will flow to the U.S. and Canada,” Reuss said.
Register now for FREE unlimited access to reuters.com
Reporting by Paul Lienert in Detroit
Our Standards: The Thomson Reuters Trust Principles.