Taycan Production Halted Due to Supply Shortages Related to Russian Invasion
Porsche is stopping production of its flagship electric vehicle, the Taycan, as a result of the Russian invasion of Ukraine. While many companies, including Porsche, its parent company Volkswagen, and fellow supercar manufacturer Lamborghini are ceasing business with Russia, the Taycan production halt isn’t for moral reasons.
A vital element of the Taycan comes from Ukraine
According to Inside EVs, the production of electric cable harnesses in Ukraine has come to a temporary halt as a result of the Russian invasion. Porsche is not a massive volume manufacturer. However, the sales numbers of the Taycan have rapidly been increasing. Due to the production halt, though, a part shortage of necessary harnesses is forcing Porsche to pause production of the Taycan.
This shortage is expected to reach between 50,000 and 100,000 units, equating to around 200 Taycan models a day that Porsche will not produce at its Stuttgart-Zuffenhausen plant in Germany. Furthermore, this adds to the list of two other Porsche plants in Zwickau and Dresden in Germany that have already ceased production of Taycan EVs due to the lack of supplies.
Porsche is currently continuing to produce its non-electric vehicles for the time being, though. Additionally, Porsche resumed production at another one of its facilities in Leipzig, Germany, due to improvements in supply.
However, there’s a decent chance that overall production for all vehicles will soon begin to slow down.
The war between Russia and Ukraine is likely to create another chip shortage.
The war in Ukraine is likely to create a supply shortage of microchips. Not unlike the shortage that came as a result of production halts from the Covid-19 Pandemic. This is because neon, a gas used in lasers and essential to the production of semiconductors, is largely supplied by Ukraine. Ukrainian exports are slowing due to the ongoing conflict. Many fear that the world will likely take a considerable hit in the availability of microchips. This will again cause production slows for all sorts of industries, including automotive.
Not long ago, there was light at the end of the tunnel for the chip shortage and lack of vehicle inventory. Now, though, it’s looking like this situation will prolong much longer than anticipated. This is wildly unfortunate, as experts already predicted that the shortage would extend into 2023. Unfortunately, this affects much more than just the Taycan. It is likely to slow the production of all makes and models.
As more companies begin to join the ongoing sanctions of Russia, their invasion seems to show no signs of slowing. Automotive powerhouses like Ferrari, Lamborghini, Volkswagen, and others have already paused business with Russia. Recently, Porsche joined other automakers in donating to help those suffering in Ukraine.
Ultimately, the Russian economy is going to take a devastating blow. However, it isn’t just Russia that is being affected by its government’s actions. Of course, citizens of Ukraine are experiencing the worst of it all. Unfortunately, though, the impact of this ongoing invasion is going to affect the majority of the world.