Reuters
China EV maker Nio suspends production due to supply chain disruptions
Chinese electric vehicle (EV) maker Nio said on Saturday it has suspended production after the country’s measures to contain the recent surge of COVID-19 cases disrupted operations at its suppliers. “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,” the company said on its mobile app. “Due to the impact of this Nio has had to halt car production.”