NIO ET7

Chinese EV manufacturer NIO announced it will halt production at its JAC-NIO facility for five working days. The facility in Hefei, the capital of the Anhui Province, will suspend vehicle production beginning Monday, March 29. NIO has now become the next victim of a continuing global semiconductor shortage.

NIO today unveiled an impressive new electric car, the NIO ET7, with a massive battery pack and the potential to be fully autonomous.