China EV Maker Nio Suspends Production

Share post:

Chinese electric vehicle manufacturer Nio has halted car production to curb the spread of COVID-19.

“Since March, due to reasons to do with the epidemic, the company’s supplier partners in several places including Jilin, Shanghai, and Jiangsu suspended production one after the other and have yet to recover. Due to the impact of this Nio has had to halt car production,” the company said on its mobile app.

After production ceased, the company also said that it would postpone the delivery of electric vehicles to users, and that it would work with suppliers and the Chinese government on further steps.

The leading automakers are currently suspending car production, with many claiming that this will have a negative impact on their targets and revenues for the year.

In China, where thousands of positive cases are reported every day, it is important to take the necessary measures to protect human lives.

The sources for this piece include an article in Reuters.

Featured Tech Jobs


Related articles

Mob vandalizes and burns self-driving car in San Francisco

In a startling incident in San Francisco's Chinatown, a mob vandalized and set ablaze a Waymo self-driving Jaguar...

Canadian government bans Flipper Zero device aiming to prevent car thefts

In an assertive response to the rampant rise in automotive thefts, the Canadian government has announced an impending...

Tesla’s stock nosedives, making it the worst performing stock in S&P 500

Tesla, the electric vehicle giant once celebrated for its market-defying success, has hit a significant slump, becoming the...

GM struggles with software bugs in electric vehicles

General Motors (GM) is currently grappling with significant software issues in its electric vehicle (EV) lineup, leading to...

Become a member

New, Relevant Tech Stories. Our article selection is done by industry professionals. Our writers summarize them to give you the key takeaways