China ’s electric car startup Nio will exclude down for five days due to the global semiconductor shortage , the company announced on Friday in apress release . The five mean solar day shutdown will start on Monday and will entail the company raise slightly fewer cars this year than it had planned .
“ The overall supplying restraint of semiconductors has impacted the companionship ’s yield volume in March 2021 , ” Nio said in a statement . “ The Company ask to fork over approximately 19,500 vehicles in the first quarter of 2021 , adjusted from antecedently released outlook of 20,000 to 20,500 vehicle . ”
Nio makes several dissimilar fashion model , including a seven - seater electric SUV , a two - seater sports cable car , and has design to produce a minivan in 2022 . But Nio is n’t the only car caller around the world feeling the catch from the computer chip shortage . CNBC estimates the global machine industry as a whole will lose as much as$60 billionfrom the deficiency of chips this year as it ripplesaround the world .

Visitors look at vehicles at the NIO flagship store in Beijing on Thursday, Aug. 20, 2020.Photo: Ng Han Guan (AP)
https://gizmodo.com/chip-makers-warn-of-continued-gadget-shortages-through-1846197483
Nio , headquartered in Shanghai , was founded in 2014 and has incur billions from Formosan investor seem to capitalise on the electric vehicle market . The Chinese government activity has also adorn heavily in electric vehicles by hard subsidizing the manufacture . It ’s unclear how the global chip shortage will impact Nio ’s design to blow up into western countries in the coming years .
China is the largest EV market in the world , though Norway outpace China in EV sale as a share of the country ’s total car market . An gauge 1.3 million electric vehicle were sold in China last year , representing around 40 % of all EVs sell around the humankind , accord to research byCanalys . The U.S. marketplace stand for just 2.4 % of all EV sales in 2020 .

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