Nio Increases ES6 Production With Double Shifts After 5-Day Pause, New Report Reveals
Portfolio Pulse from Ramakrishnan M
Chinese electric vehicle manufacturer, Nio Inc, is increasing the production of its ES6 model after a five-day pause. The company's factory in Hefei, Anhui province, is now producing at least 300 ES6 vehicles daily, with some workshops transitioning to double-shift production schedules. This increase in production is in response to a temporary production line halt at Nio’s F1 plant from July 29 to Aug. 2, aimed at upgrading the manufacturing process. Despite the disruptions, Nio delivered a record-breaking 20,462 vehicles in July.
August 21, 2023 | 12:28 pm
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Nio Inc is increasing the production of its ES6 model to compensate for a temporary production line halt. Despite the disruptions, the company delivered a record-breaking 20,462 vehicles in July.
The increase in production of the ES6 model shows Nio's ability to quickly adapt to disruptions and maintain a high level of output. This could potentially increase investor confidence in the company's operational efficiency and resilience, which could positively impact the stock price in the short term.
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