Supply chain quality issues will impact 2021 production volumes
Nilar International expects to report lower than planned production volumes in 2021, primarily caused by quality problems in the supply of raw materials and certain components and by Covid-19 related production restrictions. Variances in raw materials and components have led to significant temporary adjustments in the battery production process causing bottlenecks. In addition, Covid-19 related production restrictions lowers production volumes. As a result, the planned 2021 production volume previously communicated of 40 MWh, is not expected to be achieved.Nilar is rapidly expanding its