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On July 18, the 50000th vehicle of Xilai Automobile was mass-produced at the advanced manufacturing base in Hefei, which was a milestone for this independent new force car manufacturing enterprise. Since the first production car went offline on May 27th, 2018, the first production car has created a new speed in the industry with users from 1 to 50000 days, the company said. However, although NIO Automobile has created a "highlight moment" for new car-building forces in China, its gross profit margin has not yet turned positive, and it is still in the awkward situation of "losing one at a time."

Sales rose 179.1 per cent to 3740 vehicles in June, with ES6 and ES8 delivering 2476 and 1264, respectively, according to data released by Ullai. In addition, as of June 30, NIO has delivered a total of 14169 cars.

As the leader of the new power of car building, the sales of Lulai Automobile has always been at the top of the list of the new power of car building in China, and the smooth introduction of financing projects has also given the "worst" of 2019 a respite. But at the same time, when to get rid of the dilemma of "selling one car at a loss" has still become the focus of Lulai cars.

According to the NIO financial report, the net profit of shareholders belonging to listed companies in 2019 was-11.296 billion yuan, an increase of 17.2% over the same period last year. In the first quarter of this year, the net profit of Lulai Automobile was-1.692 billion yuan, with an overall gross profit margin of-12.2%. Eye-catching sales results can not help it to achieve profitability, gross profit margin is negative, so that Xilai car into "sell a loss" dilemma.

The new car-building forces that are crazy about spending money are quickly beaten out of their original shape under the interference of the epidemic, and most of the unmass-produced car brands are facing elimination and issuance. Obviously, it is not easy for Lulai Motors to live in this market environment. However, although Wei has been in the awkward situation of "losing one car at a time" for a long time, it is much better than most car brands.

According to statistics, at present, there are nearly 40 new car-building forces in China, but only 8 have sales data this year, and most of the rest are always on the road of financing, facing the fate of being eliminated at any time. In addition to the good development of Xilai Automobile, Xiaopeng Automobile, Weima Automobile and ideal Automobile, other car brands such as New Special Automobile, Future Automobile, Skyline Automobile, Singularity Automobile and so on are hovering on the brink of life and death. In the past month, the news of the withdrawal of the three car brands such as Sailin, Boxun and Baiteng has been exposed.

Independent new power car enterprises have entered the stage of rapid elimination in the market, and some brands without technical strength, brand reputation and user accumulation will be eliminated. The overall market share of new energy vehicles is not large, and it has indeed ushered in a major reshuffle.

This year is known as the "year of life and death" of the new power of car building. if you want to spend the year of life and death smoothly, you must make a profit as soon as possible, otherwise no matter how much financing will be exhausted. In this regard, Li Bin has said publicly that he will strive to achieve a positive gross profit margin in the second quarter of this year, and the gross profit margin will reach double digits at the end of the year. As for whether the gross profit margin of Xilai can become a regular member in the second quarter, it remains to be known.

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