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According to a speech at the Detroit Economic Club (Detroit Economic Club) on Monday, Raimondo will urge Congress to pass 52 billion dollars to increase the production of semiconductor chips in the United States and promote the government's efforts to ease supply chain tensions.
The continuing chip shortage is unbearable for dealers, forcing up car prices and causing an estimated $210 billion in production losses to global carmakers, a pressure that is expected to ease over time.

 
"We are at a turning point and we have to make a choice," Raimondo told reporters in an interview.

 
"if we really want to restore America's leadership in the global economy, we must start by rebuilding the semiconductor industry."

 
Raimondo is expected to attend the round table, along with Congressman Debbie Dingell, D-Dearborn, Sen. Gary Peters, D-Bloomfield Township, Sen. Debbie Stabenow, D-Lansing, UAW Chairman Ray Curry and others.
"Michigan should understand what a healthy and dynamic manufacturing industry means to a state's economy and what happens when manufacturing is on the brink of destruction," Raimondo said last week. "
She believes the new $1 trillion infrastructure law will help Michigan's manufacturing and re-employment, but she says more money is needed to consolidate the US's dominant position in the emerging electric car market.
The Senate passed a bill in June to provide $52 billion for domestic chip manufacturing, including a provision spearheaded by Peters to set aside $2 billion for mature process chips for cars.
However, the bill has not yet been considered in the House of Representatives.
Raimondo said the money is crucial to achieving Biden's goals, and Biden hopes that half of all new cars sold by 2030 will be electric vehicles, which use more chips than gasoline and diesel cars.
"We have to achieve this goal, which is necessary for the economic competitiveness of the United States, it is necessary if we are to achieve our climate change goals, and it is necessary to create jobs," she said. "

 
"this is non-negotiable.
So the question becomes how can we achieve these goals?
I'm telling you now that if Congress doesn't quickly fund the Chip Act, we won't be able to achieve these goals.
"

 
In September, the Commerce Department asked automakers, chip companies and other companies in the semiconductor supply chain to submit data on their inventory, sales and chip usage in order to identify bottlenecks and improve transparency.
The requirement is voluntary, but Raimondo warns that the government may invoke the Defense production Act (Defense Production Act,DPA) to force companies to comply if necessary.

 
Several companies have expressed concern that they will be forced to provide sensitive proprietary information, or that the requirement sets a precedent that could be replicated in other countries.
Raimondo said that if the Chip Act is passed, it will not affect those companies that will receive the funds required by the Act.
She added that 150 companies from around the world had responded to the request, which she said "exceeded my expectations", but said she could not comment on the quality of the response because her team was still evaluating the data.
"it's too early to say whether we need to invoke DPA," she said.
This is still an option for us. "
"this kind of supply chain planning, monitoring and management is very valuable for the automotive industry because it will enable us to predict problems before they turn into crises," she said. "
"this will enable us to make strategic investments in the right place in the supply chain, so frankly, car companies no longer have to face the situation they are facing."