Electric, Hybrid Cars to Face Long Waiting Periods as Carmakers Deal With Chip Shortage

Electric, Hybrid Cars to Face Long Waiting Periods as Carmakers Deal With Chip Shortage

Leading carmakers are grappling with a huge backlog of around 6.5 lakh units, with chip shortages continuing to crimp their manufacturing activities and leading to long waiting periods for customers. The country’s largest carmaker Maruti Suzuki alone has a backlog of around 3.4 lakh units while Hyundai and Mahindra &…