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Global News Impacting Chinese Tech

Tesla and SAIC seek help from Shanghai

Source: google.com google.com
News Snapshot:

The automotive supply chain impacted by the effects of the heat wave Continued high temperatures in southwest China and the ensuing power crisis appear to be starting to impact the automotive supply chain, although analysts are downplaying the impact on the sector industry 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 are thus expected to face parts shortages from their OEMs. The following should affect vehicles coming off…

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