Tesla's Chinese rival Nio suspends production on chip shortage

Tesla's Chinese rival Nio suspends production on chip shortage

3 years ago
Anonymous $hYN7Hy7o7J

https://www.reuters.com/article/us-nio-semiconductors/teslas-chinese-rival-nio-suspends-production-on-chip-shortage-idUSKBN2BI16N

Chinese electric vehicle maker Nio Inc on Friday became the latest automaker to temporarily suspend production because of a global semiconductor chip shortage that has shut down plants and resulted in major losses for the sector.