Nio earnings call: Chip shortage, ET7, LFP batteries, and more
William Li is confident about Nio's position in the market, saying that in the high-end market there is no brand that can compete fully with…
Great Wall Motor becomes latest carmaker hit by chip shortage
Great Wall Motor admitted that its chip supply is tight and production at its plants has been affected to some extent, but denied that…
Nio president says long-term preparations must be made for chip shortage
With many black swan events happening in the world that are affecting chip supply, "we have to be prepared for the long term, which is a…
FAW-Volkswagen Audi to reportedly cut production by 30% in April due to chip shortage
The chips that caused FAW-VW Audi to reduce production are mainly door controller, gateway controller, center display, and electronic…
GAC forms task force to explore alternatives to key chips
GAC held a meeting with chip suppliers in January and ordered chips for the year according to its annual demand plan, it said.
SAIC says it is taking steps to reduce impact of chip shortage
Although the chip shortage will continue for some time, SAIC has the advantage of a strong industry chain system and will work with the…
Auto expert now expects chip shortages to take nine months to a year to ease
From traditional car companies like Volkswagen to emerging car companies like Nio, all are facing the impact of chip shortages this year. Now…
SAIC reportedly cutting production by 200,000 vehicles due to chip shortage
The figure is equivalent to 3.6 percent of the company's sales of 5.6 million vehicles last year and 3.2 percent of this year's sales target…
Chinese car makers cut production by 5% to 8% in Jan-Feb due to chip shortages
Chinese vehicle manufacturers cut production by 5 to 8 percent in the first two months of the year due to chip shortages, a Chinese official…
Chip shortage has led to 1.157 million vehicle production cuts worldwide
The global auto production cut is expected to be more than 2 million vehicles in 2021.