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, Dec. 4, 2020.

Qilai Shen | Bloomberg | Getty Photographs

BEIJING — Chinese language electrical automobile start-up Nio stated Friday it’s shutting a manufacturing unit for 5 days because of the international scarcity in semiconductors.

The manufacturing halt starting March 29 will scale back Nio’s first-quarter deliveries by at the least 500 automobiles, the corporate stated.

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 twenty,500.

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

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

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