“We expect it will get better gradually from the third quarter, although some chips will do so from the fourth quarter,” says a Hyundai exec, “we already ordered chips for 2021 and 2022.”
Hyundai says it will strengthen the cooperation it has with various Semiconductor suppliers and will diversify its supply chains.
Hyundai sold 1 million vehicles in Q2 – 831,000 of them overseas, up 46.5% from the year before.