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Renesas Electronics resumed operations at the clean room that was damaged by fire last month, as the key manufacturer of automotive microchips moves closer to restarting production this month.
Volta Trucks CEO Rob Fowler says that companies delivering goods in large cities no longer have to choose between sustainability and profitability. They can have both in a vehicle that is designed to be safer for vulnerable road users.
The White House is set to hold a virtual summit on the issue on Monday that is expected to include top auto executives, including Ford CEO Jim Farley and GM CEO Mary Barra.
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The auto industry's "just-in-time" sourcing is incompatible with the way the global semiconductor industry works. That may have to change in the future, experts said.