Title: AI Boom Drives Up Car Costs: Smart Vehicle Parts in Short Supply

**Article:** Chinese makers of smart vehicles are facing a new challenge. A global shortage of key components is colliding with rising raw material prices, which are being driven by the artificial intelligence (AI) boom. The problem centers on two essential parts: printed circuit boards (PCBs) and multilayer ceramic capacitors (MLCCs). These small components are what make vehicles “intelligent,” enabling features like advanced navigation and driver assistance. According to industry officials and analysts, it will take at least a year for global suppliers to increase production of these parts enough to meet demand. Until then, carmakers will likely see higher costs and potential delays. “The components, though small, play a key role,” said one industry official, highlighting how a minor part can have a major impact on the final price of a vehicle. For now, Chinese automakers must absorb these costs or pass them on to buyers, as they race to stay competitive in the smart car market.