European carmakers will be required to buy chips from at least two suppliers in certain cases and to incorporate supply chain resilience into their procurement decisions, according to a draft law the European Commission is expected to present next month.
After a series of supply chain shocks, the EU is set to impose mandatory measures on the likes of Volkswagen, Stellantis and Renault to prevent excessive dependence on a single chip supplier, most notably from China, according to two EU officials.
