NuAxiSemiconductor trade intelligence
Skoda to exit China market by mid-2026
What happened
Skoda Auto, a subsidiary of Volkswagen Group, announced it will cease new car sales in China by mid-2026 due to a 90% sales decline. This decision is driven by intense competition from Chinese EV manufacturers. The shift in demand will impact the automotive semiconductor supply chain in China.
Impact and signal
Low impactImpact score: 25/100
Affected components and suppliers
Automotive SemiconductorsMCUInfotainment Chips
Skoda AutoVolkswagen Group
demand-dropoem-exitautomotive-chips
Source and time
Source: Evertiq · 4/2/2026 · View original source
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