Chinese electric-car maker Nio has fallen behind on both producing and delivering thousands of vehicles over the past month as COVID-19 restrictions disrupted output at its two factories, according to people familiar with the matter.
Production at the plants in Hefei, Anhui province, have also been impacted by delays in the supply of some components, the people said, asking not to be identified because the details are private.
U.S.-listed Nio tried to operate so-called closed-loop systems at the factories -- which require workers to stay on site, allowing production to continue even if a lockdown is in place -- but those efforts failed due to a lack of parts, one of the people said.
The disruptions have meant a loss of around 7,000 electric vehicles in production, meaning deliveries have dropped by about 5,000, one of the people said.
Nio on Tuesday reported 10,059 deliveries for October, down 8 percent on September’s numbers. Production at both factories has now partly resumed, the people said.
A representative from Nio declined to comment. Chinese publication 36kr earlier reported the COVID curbs had impacted Nio’s production.
In line with China’s COVID Zero policy, Hefei, in central China, shut many indoor facilities, including cinemas, gyms, internet cafes and bars, when virus cases cases emerged.
