AI memory shortage is now increasing the price of cars — GM warns of vast cost increases, BYD hikes driver assistance prices 20%

A tightening memory chip supply is raising automotive costs, with GM warning that new vehicle prices will rise slightly this year.

BYD has increased the price of its driver-assistance features by 20% as demand for memory components grows.

Hyundai is calling for stronger domestic chip supply chains as automakers face rising needs for DRAM and other memory chips.

The shortage could delay deliveries and make vehicles less affordable for buyers.