AutoBeta(AutoBeta.net)10/28 Report--

A Weima electric car (Weima EX5) exploded at the North fourth Ring Road Mechanics Institute in Haidian District of Beijing on the evening of October 27, causing residents to feel the shock and smell pungent, Sina Automobile reported.

Judging from the exposed pictures, the burning Weimar electric car caught fire without charging. The fire department arrived at the scene in time to put out the fire, the front cabin and front seats of the Weima electric vehicle were completely burned, and a lot of white smoke came out from the rear, and the whole vehicle was facing the situation of scrapping. After the accident, the relevant authorities have issued a notice for investigation and banned electric vehicles from entering the underground garage.

In response to the fire, Weima responded on its official Weibo this morning: "after the incident, Weima immediately reported to the competent authorities and sent professionals to the scene to assist in handling the matter." At present, we are fully cooperating with the public security, fire control and relevant regulatory departments to carry out accident investigation, and the follow-up results will be announced as soon as possible. At the same time, we will actively communicate with the relevant car owners and units to do a good job in follow-up matters to protect the rights and interests of users. "

It is understood that this is the third product fire in Weima this month. On October 5, a parked Weima EX5 electric car caught fire by the side of the road and was scrapped. On October 13, a Weimar electric car caught fire while charging, causing serious damage to the vehicle.

The occurrence of the two fires attracted the attention of the relevant departments. According to the official Weibo report of Tramway House, the Transportation Bureau of Shaowu City, Fujian Province urgently stopped Weima taxi operation, and relevant departments asked Weima Automobile to send technicians and taxi companies to attend the emergency meeting. Weima Motor is required to immediately eliminate safety risks, release incident notifications and properly handle accidents.

In the related report, Weimar admitted that the accident was caused by battery problems and promised to replace high-quality batteries and compensate accordingly.

After a series of fire incidents, Weimar officially recalled the related products. On the evening of October 28th, Weimar issued a product recall, saying that the company decided to recall 2020 Weima electric vehicles made from June 8, 2020 to September 23, 2020, equipped with power batteries with ZNP3914895A-75A cells, totaling 1282.

The reason for the recall is that the battery supplier mixed with impurities in the production process, resulting in abnormal lithium precipitation of the power battery. In extreme cases, the cell may be short-circuited, causing the power battery to heat out of control and the risk of fire, which may lead to safety risks. Weimar will eliminate safety risks by authorizing dealers to replace battery packs with batteries from other suppliers free of charge for vehicles within the scope of the recall. At the same time, Weimar warned the relevant car owners to immediately stop running the hidden trouble vehicles, and contact the local Weima authorized dealers for maintenance.

In the relevant recall note, Weima did not disclose the name of the battery supplier involved in the defective vehicle. It is understood that Weimar car battery suppliers include Ningde era, Lishen, Suzhou Yusun, ZTE High Energy, Jiangsu Tafel, and so on. Among several car-building new power enterprises with top sales, Weima Automobile has the largest number of battery suppliers.

In the context of frequent fires, Weimar is also not optimistic about delivery data. In the first three quarters of this year, the cumulative delivery volume of Weimar was 13886, while that of NIO, ideal and Xiaopeng was 26375, 18160 and 14077 respectively. In terms of the delivery volume that best reflects the true sales of vehicles, Weima Motor is at the bottom.

In September this year, Weimar announced the completion of a total of 10 billion yuan of D-round financing. In October this year, information from the website of the Shanghai Securities Regulatory Bureau showed that Weima Automobile formally submitted Science and Technology Innovation Board IPO guidance for the record on September 30, and the guidance agency was CITIC Construction Investment Securities. According to previous public information, Weimar plans to list in Science and Technology Innovation Board in early 2021.

While speeding up financing and IPO, Weimar was involved in a product fire. Some people in the industry said that in the listing process, the safety of the company's products is often questioned and assessed, and the occurrence of continuous fires may have a certain impact on the Weimar landing board, but it will not cause serious obstacles.

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