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Chip shortage: Nio temporarily closes factory

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Published: March 28th, 2021,
Last updated: March 2nd, 2022

Due to a shortage of semiconductors, Nio halts production at one of its plants in Hefei for five days starting today. This makes the EV maker the first „high-profile casualty“ in the Chinese auto industry to be hit by the chip shortage, Bloomberg reports.

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Technology Car Industry Electromobility