Volkswagen, BMW, Mercedes and GM raise alarm as Europe vs Chinese chip company Nexperia battle continues
New Chinese export restrictions on chips and automotive components, prompted by the Dutch government’s seizure of Chinese-owned chipmaker Nexperia, are troubling Europe’s automotive supply chain, escalating tensions in the tech rivalry between China and the West. Volkswagen, Europe’s largest carmaker, warned employees on Wednesday that production stoppages could occur due to potential chip shortages. “In…