$NIO Inc.(NIO)$ Horizon Robotics chips maker to help NIO with its chips shortage problem......https://www.youtube.com/watch?v=OR8n1SgNgCw&ab_channel=FinancialHealth
NIO: It is estimated that approximately 19,500 vehicles will be delivered in the first quarter
* ANNOUNCES TEMPORARY SUSPENSION OF PRODUCTION FOR FIVE WORKING DAYS. * NIO TO TEMPORARILY SUSPEND VEHICLE PRODUCTION ACTIVITY IN JAC-NIO MANUFACTURING PLANT IN HEFEI. * NIO - EXPECTS TO DELIVER APPROXIMATELY 19,500 VEHICLES IN Q1 OF 2021, ADJUSTED FROM PREVIOUSLY RELEASED OUTLOOK OF 20,000 TO 20,500 VEHICLES. * SUSPENSION FOR FIVE WORKING DAYS STARTING FROM MARCH 29, 2021 DUE TO SEMICONDUCTOR SHORTAGE. * OVERALL SUPPLY CONSTRAINT OF SEMICONDUCTORS HAS IMPACTED COMPANY'S PRODUCTION VOLUME IN MAR