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"Gold, Nine and Silver Ten" has just passed, but it does not seem to work this year, and the new energy sector is affected by policy subsidies, and sales have declined for four months in a row. According to data released by the China Automobile Association, in October, China's new energy production and sales completed 95000 and 75000 respectively, down 35.4% and 45.6% respectively from January to October, and the production and sales of new energy vehicles completed 983000 and 947000 respectively, up 11.7% and 10.1% respectively over the same period last year.

In this environment, as the head of the new power, car companies have bucked the trend. Weimar's cumulative sales in October were 2056, up 54.47% from the previous month and 1169% from the same period last year. The cumulative delivery volume of Xilai in October was 2526, up 25 per cent from the previous month and 61 per cent from a year earlier, a new high in 2019.

The car market is declining as a whole, and the traditional new energy manufacturers led by BYD and BAIC New Energy are also falling at the same time, while Weimar and Weimar, the two new power leaders, can stabilize the base, or even go up against the market. Although the new power does not account for a large share of the domestic new energy market, this achievement should be encouraged. The new power car companies that the industry is most concerned about are often questioned: the new power car companies will be the first to fall in the market decline. but now we have to re-examine it.

There is no more exciting news for the new power than to rise against the trend. However, the new power still has to face more pressure, not only to be squeezed by traditional car companies, but also not as well-funded as traditional car companies.

I do not know how many times NIO has been forced to save costs by layoffs, selling fleets, and so on, and it has disappeared that Li Bin, CEO of Lulai, privately sold shares and then reinvested in Ziwei to save himself. in the face of the departure of the chief financial officer, Ulai still has to face financing difficulties, and no capital means it is difficult to survive. Li Bin also said that NIO will build NIOSpace as planned and expand its sales network to promote further sales.

From the perspective of subdivided model sales, the ES6, the second model, has become a sales burden for NIO. Due to the lower benchmark price, sales of the ES6 have continued to rise since its launch, delivering 2220 vehicles in October and a total of 6829 vehicles. ES8, the first model of NIO, delivered 306 vehicles in October, compared with 8038 for the whole year.

Weimar is also under unprecedented pressure. In August this year, Geely was sued by Geely for infringing trade secrets, with a maximum amount of 2.1 billion yuan. Once Geely wins the case, the high compensation also means that Weimar will fall. However, due to the difficulties in handling the case and the very open-minded attitude shown by Weimar, "there is no infringement, and we believe that the court will make a fair ruling on the authenticity of the facts, the validity of the evidence, and so on." At present, there is still no specific information on the case.

However, it has been learned that the strategic cooperation between Weima Motor and State Grid involves technology research and development, data exchange, charging services, energy Internet and other fields. Weima Automobile, namely passenger Bank App, will be connected to the national network with 90, 000 self-built charging piles. At the same time, Weima launched the Weima EX5 520 Guodian special edition model, users will enjoy free charging of public charging posts for 3 years, starting from 181680. These partnerships have also led to a gradual increase in Weima's sales.

It is worth mentioning that in the new energy sales list in October this year, car-building new power Ulai ES6 and Weimar EX5 both appeared in the top 10, ranking eighth and 10th respectively.

The vigorous growth of new things is bound to have a certain impact on traditional things. Faced with the risk of potential crisis and even elimination, traditional things will try every means to fight back. Now, the automobile industry is at a critical time when the old and new forces change.

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