NITI Aayog On Why Semiconductor Chips For Vehicles Will Cost 2X By 2030

Tuesday, 15 April 2025Newsdesk
NITI Aayog On Why Semiconductor Chips For Vehicles Will Cost 2X By 2030
As cars become more connected and intelligent, the role of electronics and semiconductors in the automotive industry is growing rapidly.

New Delhi 15 April 2025

As per news report of NDTV,The cost of semiconductor chips used in vehicles is expected to double from the current average of USD 600 to USD 1,200 per vehicle by 2030, according to a new report by NITI Aayog. The increase is attributed to the growing use of advanced technologies in automobiles, including electric powertrains and smart driving features.

Source - NDTV

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