Shortage of computer chips is leading to the closure of auto factories.

A shortage of computer chips is leading to the closure of auto factories, according to a recent report. The report, from market research firm IHS Markit, says that a lack of the microchips is forcing companies to reduce or suspend production of electric and hybrid cars.

The shortfall is being blamed on a rise in demand for computer chips for use in vehicles, as well as a shortage of qualified engineers to design them. The problem is especially pronounced in China, where the auto industry is growing rapidly.…