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Home » Further Reading

Further Reading: How does Shanghai's auto industry fare under Covid?

Phate Zhang/CnEVPost Apr 13, 2022 19:11 GMT+8

NIO Shanghai provided online service guidance and skills training for service specialists from April 1 to April 3, and conducted 39 live online events since March.

Further Reading: How does Shanghai's auto industry fare under Covid?-CnEVPost

Since entering a phased Covid lockdown on March 28, Tesla Giga Shanghai has been shut down to date, and deliveries in the city have been halted for all car companies, including NIO (NYSE: NIO, HKG: 9866).

Shanghai is one of the most important cities in China's auto industry, what impact has Covid had on the car companies there and how are they responding? Local media Caijing provides a good description.

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The following is the main content of the article.

Covid lockdown has had a big impact on Shanghai-based SAIC, which has reduced or even suspended production at its SAIC passenger car unit, SAIC GM and SAIC Volkswagen plants.

Before Shanghai entered the lockdown, SAIC Volkswagen had arranged for some workers to produce in a closed loop within the plant in Anting. After the Covid situation became more serious and parts supply was disturbed, SAIC Volkswagen Shanghai plant suspended production.

SAIC Volkswagen sold 1.343 million new vehicles in 2021, excluding Skoda, accounting for more than 15 percent of Volkswagen Group's global sales.

Tesla (NASDAQ: TSLA) suspended production at its Gigafactory in Shanghai from March 28. Based on an average daily production capacity of 2,000 cars, this will affect the production of nearly 20,000 Tesla vehicles, further lengthening Tesla's delivery cycle.

But did the Shanghai auto industry come to a complete halt during the Covid lockdown? The answer is no.

The car companies in Shanghai are maintaining limited production by including online offices, coordinating and communicating with each other, while ensuring safety.

NIO Shanghai provided systematic online service instruction and skills training for service specialists from April 1 to April 3. A total of 39 online live events were conducted in the NIO Shanghai region from March to the present, covering car use, maintenance and car purchase.

If you wish to know more, you can copy the original Chinese text into Google Translate.

Original Chinese version: https://mp.weixin.qq.com/s/D2E2qKOpwCoH6UIDJ4xyiA

Google Translate at: https://translate.google.com/

Further Reading is a new section of CnEVPost that aims to share good articles we see that are worth reading.

BREAKING: NIO suspends production as Covid hits its supply chain

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Phate Zhang/CnEVPost
Phate is the founder and main author of CnEVPost. He has been reporting since 2009, mainly on macroeconomics and capital markets. Contact via: [email protected]
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