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Global News Impacting Chinese Tech

Tesla and SAIC seek help from Shanghai – TOPALLMEDIA

News Snapshot:

The automotive supply chain impacted by the effects of the heat wave The high temperatures hitting southwest China continuously and the ensuing power crisis appears to be starting to impact the automotive supply chain, although analysts are downplaying the impact on the industrial sector as a whole. Shortage of parts from suppliers Some of Tesla’s and SAIC’s major parts suppliers located in Sichuan are unable to produce at full capacity due to supply restrictions put in place for the industry sector. Tesla and SAIC should thus be confronted with shortages of parts from their equipment manufacturers. The following should affect…

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