Nio's EV production suspension is now happening. The sudden manufacturing postponement of the giant Chinese electric carmaker happened as the citywide lockdown in Shanghai, China continues.
This photo taken on January 9, 2021 shows the NIO ET7, the flagship sedan for the Chinese electric car manufacturer, during its launch ceremony in Chengdu, in China's southwest Sichuan province. (Photo by STR / AFP) / China OUT
As of press time, China's largest city is still suffering from the increase in COVID-19 infection cases. Because of this, officials decided to implement stricter health protocols.
Now, various automakers, including Nio, are also affected by the ongoing COVID-19 restrictions in Shanghai.
Nio EV Production Suspension Begins!
According to Reuters' latest report, Nio decided to halt its electric car production because of the disrupted operations at its suppliers.
NEW YORK, NY - SEPTEMBER 12: A vehicle from electric car maker NIO sits outside of the New York Stock Exchange (NYSE), September 12, 2018 in New York City. The Shanghai-based electric car company opened for trading at $6 per share.
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The issue began when the recent COVID-19 surges forced Shanghai officials to conduct strict health protocols. Nio said, via its mobile app announcement, that its supplier partners were already affected by the COVID-19 measures ever since March.
The EV maker added that its partners in locations such as Jiangsu, and Jilin were already halting their operations.
"Due to the impact of this Nio has had to halt car production," added the Chinese automaker. While Nio's production postponement is just starting, Tesla Gigafactory Shanghai's suspension still continues.
However, the South China Morning Post reported that Shanghai officials are already planning to ease the citywide lockdown. Although this is the case, Nio and Tesla Giga Shanghai productions' resumption is still uncertain.
Nio Battery Swap Station To Expand in Europe, US
Although Nio's EV production is experiencing several issues, the Chinese EV developer is still making efforts to improve its business.
Electrek reported that Nio is now talking with other automakers so that its battery swap stations will be licensed, allowing them to expand in Europe and the United States.
Nio said that it plans to have more than 1,000 battery swap stations outside China by 2025. The EV maker wants these stations to focus on the U.S. and Europe.
But, before interested automakers take advantage of the Chinese EV developer's battery swap tech, they are still required to adopt the company's battery pack tech.
Meanwhile, Tesla Gigafactory Texas will soon start producing the popular Cybertruck.
On the other hand, some rumors claimed that the first Lexus EV Sports will be similar to Tesla Model S, having a yoke steering wheel.
For more news updates about Nio and other EV makers, always keep your tabs open here at TechTimes.
Related Article: [UPDATE] Tesla Gigafactory Shanghai Suspension Worsens; Friday Reopening Uncertain
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Written by: Griffin Davis
