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Xilai cars will be exported to the European market, internally codenamed "Marco Polo Plan"?

2024-09-17 Update From: AutoBeta autobeta NAV: AutoBeta > News >

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AutoBeta(AutoBeta.net)11/02 Report--

Following the export of domestic Tesla Model 3 to Europe, autonomous cars are going to start overseas sales plans.

November 2 media news, NIO is planning to build a sea division, the internal code is tentatively designated as "Marco Polo Plan", its models will be sold to Europe.

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People close to Lulai have revealed that the first overseas NIO House may land in Copenhagen, Denmark. Another person close to NIO said that NIO already has an export business team, has recently deployed a lot of personnel, and plans to sell 7000 ES8 and ES6 models locally in two years.

At the same time, the above-mentioned people also said that the core of Lailai's export business is mainly services, including service worry-free, one-click power-up, and so on.

As a member of the new power of independent brands, NIO can be said to have passed the initial crisis. NIO's earlier development was not smooth. Vehicle failure and spontaneous combustion affected market performance, the stock price plummeted to more than 1: 00 US dollars, financing problems, huge losses, layoffs and other troubles. In the end, NIO survived. This year, with the implementation of a number of financing projects and the subsequent credit of 10.4 billion yuan from six banks, the financial pressure should be greatly alleviated.

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At present, three models of ES8, ES6 and EC6 have been launched, and the overall sales volume continues to rise. Official figures show that Lailai delivered 4708 new cars in September, up 133.2% from a year earlier, and a total of 26375 units were delivered in the first three quarters, up 113.7% from a year earlier. In October, NIO also produced more than 5000 units a month, and sales are expected to make a further breakthrough.

Li Bin, founder and CEO of Xilai Automobile, said in an interview with the media earlier that the NIO Jianghuai plant is undergoing capacity upgrading and will increase its production capacity by 25% by September at the latest, with a monthly capacity of about 5000 vehicles. At the same time, Li Bin also said that the fourth model of the NIO brand, "EE7", will also be put into production at the Jianghuai factory.

The share price of NIO has also risen. As of Oct. 30, U. S. stocks closed at $30.58, with a total market capitalization of $41.572 billion.

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