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02 Sep
11:11

Nio revises Q3 production guidance on further supply disruptions

Chinese smart EV company Nio has reduced its production guidance for the third quarter by up to 6%, as supply chain constraints continued to hit manufacturing levels in August, Kallanish reports. Despite reaching a new all-time high in terms of orders, Nio experience further supply disruptions with some parts factories shutting down in areas of China and Malasia due to the pandemic. This resulted in lower production levels in the month, particularly of the ES6 an…
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