Chinese language EV start-up Nio shuts manufacturing unit for five days resulting from chip scarcity

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Chinese language EV start-up Nio shuts manufacturing unit for five days resulting from chip scarcity

Workers make checks at an inspection line throughout a media tour of the Nio Inc. manufacturing facility in Hefei, Anhui province, China, on Friday


Workers make checks at an inspection line throughout a media tour of the Nio Inc. manufacturing facility in Hefei, Anhui province, China, on Friday, Dec. 4, 2020.

Qilai Shen | Bloomberg | Getty Photographs

BEIJING — Chinese language electrical automotive start-up Nio mentioned Friday it’s shutting a manufacturing unit for 5 days as a result of world scarcity in semiconductors.

The manufacturing halt starting March 29 will scale back Nio’s first-quarter deliveries by not less than 500 automobiles, the corporate mentioned.

That places anticipated deliveries for the primary three months of the 12 months at 19,500, versus the beforehand introduced forecast of 20,000 to 20,500.

Even with the discount, Nio is on observe for extra automotive deliveries to begin 2021 than rivals Xpeng and Li Auto.

International automakers have introduced manufacturing halts resulting from a scarcity in semiconductors. The extremely specialised provide chain for chips has suffered from the influence of the coronavirus pandemic and commerce tensions between China and the U.S. that started underneath the Trump administration.



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