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ELM Electronics, OBD-II Chip Maker, Shuts Doors
June 24, 2022 – After more than 24 years of business, ELM Electronics is set to close its doors on June 30, 2022.
ELM Electronics has been a part of the electronics and integrated circuits industry since its founding in 1998. They manufacture a wide variety of circuits and devices, with their most popular product being their ELM327 microcontroller for use in on-board diagnostics.
Reason for Closure
ELM announced their intention to close back in October of 2020, citing COVID-19 as their primary reason. In a statement, they stated, “Foremost is that life is very precious and our time here is very limited.”
Impact of ELM Closure on Automotive Industry
With the closure of ELM, the automotive industry will be forced to find alternate options for their ELM327. The ELM327 is used by both professional mechanics and DIYers, due to its ability to communicate with any OBD-II (Onboard Diagnostics II) vehicle.
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Closures of industry staples such as ELM Electronics can send ripples through the market and cause a lasting impact on your BOM.
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