Nio suspends assembly in China because of chip shortage
By Marcus Williams2021-03-30T07:48:00
Chinese electric vehicle (EV) start-up, Nio, has been forced to temporarily suspend operations at the plant it shares with state-owned carmaker JAC in Hefei because of a shortage of semiconductors. The line stoppage will last five days between March 29-April 2.
Chinese electric vehicle (EV) start-up, Nio, has been forced to temporarily suspend operations at the plant it shares with state-owned carmaker JAC in Hefei for a week because of a shortage of semiconductors. However, it has also announced an expansion of activities with its partners in Hefei, JAC Motors, with the set up of a new joint venture for EV and parts production.