BEIJING — Chinese language electrical automotive start-up Nio stated Friday it’s shutting a manufacturing facility for 5 days as a result of global shortage in semiconductors.

The manufacturing halt starting March 29 will cut back Nio’s first-quarter deliveries by at the least 500 autos, the company said.

That places anticipated deliveries for the primary three months of the 12 months at 19,500, versus the beforehand introduced forecast of 20,000 to twenty,500.

Even with the discount, Nio is on observe for extra automotive deliveries to begin 2021 than rivals Xpeng and Li Auto.

World automakers have introduced manufacturing halts as a result of a scarcity in semiconductors. The extremely specialised provide chain for chips has suffered from the impression of the coronavirus pandemic and commerce tensions between China and the U.S. that started beneath the Trump administration.