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EV manufacturer NIO to temporarily halt production due to semiconductor shortage

Chinese electric vehicle maker NIO Inc. will temporarily suspend vehicle production activity in the JAC-NIO manufacturing plant in Hefei, China due to semiconductor shortage. Founded...
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Building resilience as manufacturing requirements become more complex

The industrial machinery and heavy equipment manufacturing sector is critical not only for its direct outputs, machines, and equipment that pave the way for construction, agriculture and manufacturing but also for its crucial role in economic development and innovation.