The automaker's plants and production lines in Japan are scheduled to operate normally for the first time in seven months.

The Nissan Z car, a 400-hp, twin-turbo symbol of the struggling Japanese automaker's revival, is the latest product launch to be derailed by global supply chain woes.

EV production should account for about 40 to 50 percent of Honda's total output in North America in 2030, or around 800,000 battery-electric vehicles.

The industry is settling into the new year acknowledging that it's not out of the woods yet on chip shortage disruptions.