Covid

Shopping centers, department stores, supermarkets, convenience stores and other commercial outlets will be gradually resuming offline operations in an orderly manner.

Among Tesla's suppliers facing problems is wiring harness maker Aptiv after an infection was found among its employees, according to the report.

CATL's Shanghai plant, located in Shanghai Lingang, near Tesla's factory, resumed production on April 18.

Tesla is aiming to run two shifts at its Shanghai plant from May 16 to produce 2,600 vehicles a day, according to Reuters.

Edison Yu's team expects some spillover in May related to suppliers slowly returning to production, with June likely to be the first normal month.

A total of 60 companies in Anting town, Shanghai's Jiading district, have been selected for the first whitelist of companies returning to work and production, with Nio among the list.

Nio is actively integrating its upstream supply chain and production is gradually resuming at JAC-Nio's Hefei advanced manufacturing base, Xinhua's report said.

CATL, a battery supplier to Tesla, has a battery module assembly plant located a few blocks from Giga Shanghai.

In the first two weeks of April, Chinese passenger vehicle wholesale sales averaged 24,000 units per day, down 44 percent year-on-year and down 48 percent from the average for the first two weeks of March.

Li Auto said it is actively working with supply chain companies to restore capacity in an effort to keep delivery delays to less than three weeks.