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Bad news about Nio that you should consider
$NIO Inc (NIO.US)$ Nio (NYSE:NIO) has temporarily paused production at two plants in Hefei, Anhui province amid local Covid prevention and control requirements, CnEVPost reported on Tuesday citing local media outlet 36kr.
Since mid-October, the Chinese EVmaker's production has started to face challenges amid Covid curbs. According to the report, Nio's JAC-NIO F1 plant was originally planned to shut down production for 3-5 days, but then the lockdown time was extended leading to greater impact on the overall production and delivery pace.
Since mid-October, the Chinese EVmaker's production has started to face challenges amid Covid curbs. According to the report, Nio's JAC-NIO F1 plant was originally planned to shut down production for 3-5 days, but then the lockdown time was extended leading to greater impact on the overall production and delivery pace.
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71229336Bedbugguy : Good catch that’s what brought it down today
Big Ern Pem : much appreciate the eye...good looking out