Estimate: Chips Will Comprise 20% of Auto Components by 2030

Ohioans know the Buckeye State perennially ranks among the nation’s top states for manufacturing automobiles and auto components. Intel’s recent selection of Ohio for its new chip manufacturing site will help ensure our state remains a global leader in transportation equipment manufacturing.

Intel estimates that by 2030, more than 20% of the components going into a vehicle will be semiconductors — a five-fold increase from 2019. The increase in chip use is tied to the industry’s shift to electric and connected vehicles. 2/2/2022

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