NIO (NYSE: NIO) Becomes the Latest Automaker To Fall Victim To the Ongoing Chronic Chip Shortage as It Has Temporarily Halted Production and Cut Delivery Targets
https://wccftech.com/nio-nyse-nio-becomes-the-latest-automaker-to-fall-victim-to-the-ongoing-chronic-chip-shortage-as-it-has-temporarily-halted-production-and-cut-delivery-targets/
NIO (NYSE:NIO) has now become part of a growing list of global automakers that have been impacted by the ongoing chip shortage, resulting in supply chain upheavals.
According to the statement released by NIO just moments ago, the company has now temporarily suspended “the vehicle production activity in the JAC-NIO manufacturing plant in Hefei for five working days starting from March 29, 2021 …”