Tuesday, September 7th 2021
Intel CEO Predicts Chips Will Cost 20% of Future Cars' Bill of Materials by 2030
Intel CEO Pat Gelsinger predicts that chips and semiconductors will make up as much of the car's bill-of-materials (BOM) as the engine (or main propulsion) itself. This change will happen as early as in 2030, said Gelsinger, speaking at a keynote address, at the IAA Mobility 2021 show in Munich. Gelsinger's prediction is backed by internal research conducted by Roland Berger, and McKinsey.
As of 2019, chips barely made 4% of a vehicle's BOM, confining mainly to the ECU and an optional infotainment system. By 2030, electronics will take over a more complex set of roles, including full automation, and AI that can drive anywhere. A fully automated vehicle, or AV, will be next big thing in personal transport. Gelsinger predicts a $115 billion TAM (total addressable market) size for automobile semiconductors by the end of the decade.
As of 2019, chips barely made 4% of a vehicle's BOM, confining mainly to the ECU and an optional infotainment system. By 2030, electronics will take over a more complex set of roles, including full automation, and AI that can drive anywhere. A fully automated vehicle, or AV, will be next big thing in personal transport. Gelsinger predicts a $115 billion TAM (total addressable market) size for automobile semiconductors by the end of the decade.
73 Comments on Intel CEO Predicts Chips Will Cost 20% of Future Cars' Bill of Materials by 2030
Most things actually do go wrong for a while before they get better.
Some of the increased degrees of electronic sophistication are driven by customer demand, confirming with increased safety and environmental standards, and some are driven by marketing.
Unless governments and industry address the supply issue by building more capacity or returning mothballed production capacity the problem will deteriorate.
I note that Australia is noticeably absent from the Semiconductor fabrication plant industry. For a 'first world nation that is a surprising outcome. CSIRO has some explaining to do.
Read this
www.aumanufacturing.com.au/the-terrible-trickiness-of-growing-an-australian-semiconductor-sector
2)Don't tell me you started to drive when Sweden was driving left(!), or is it just experience from former British colonies?
Battery's to cost a insane amount of many too, and replacements OMG. Just another way to get you to replace your car more often and drum up the cost.
I'm not that old no, but I did live in the UK for nearly a decade and I've also driven in Australia and New Zealand. Yeah, the whole battery pack issue is the one thing that really irks me with electrical cars. It needs to be much easier to swap that bit out for more modern battery technology as it progresses if nothing else. As always, the next breakthrough is just around the corner...
[SIZE=4]Solid State Batteries - Autumn 2021 mass production in Japan. Is it FINALLY happening?[/SIZE]
WiP.
I sold my old 1976 Chevy pick up truck a few years ago to a guy and he said everything still works on it even the keyed door locks and vent dampers, hand crank windows, etc etc
and yes it does have electric start and power steering and it used to have an 8 track player lol
Keep in mind that Arjeplog about 350km south of the northern border of Sweden, so it's not even that far north... 65th parallel if you want to compare to some place in Canada.
There are several bigger towns further north than Arjeplog in all of the Nordic countries, well, maybe not Iceland and only if you count Greenland as Denmark.
As for latitude Timmins sits at only 48N and I have seen it snow here every single month in my lifetime. :|
Attawapiskat sits at 58N and it’s past the tree line lol
The (north) central region of North America gets shockingly cold. You'll want a car that'll last you.
And with a global shift towards fossil fuel free vehicles, governments are already involved, so one more little thing isn't going to make any difference.
Just like there are charging standards, even though they aren't global, there should be "easily" swappable battery standards. I don't expect this to be something you can do on your own, it's not a Gogoro scooter we're talking about here after all, but something a qualified mechanic should be able to do in a day at the most.
With all the talk about the environmental impact of producing cars, you'd think this one would make a lot of sense, as it'd give electric cars a much longer life span.
fortune.com/2021/09/17/chip-makers-carmakers-time-get-out-semiconductor-stone-age/
Further Shortages incoming.
Because we(Intel) say so in other words