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Wei Ma CEO Shen Hui: those under 100000 can only be called electric vehicles, not intelligent electric vehicles.

2024-09-08 Update From: AutoBeta autobeta NAV: AutoBeta > News >

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Recently, Weima CEO Shen Hui said at a media communication meeting: "the method of relying on A00-class cars to support sales is not advisable. Those under 100000 can only be called electric cars, not smart electric vehicles." In response to Weima CEO Shen Hui's remarks, netizens also expressed one after another: are you referring to Wuling Hongguang MINI EV?

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Wuling Hongguang MINI EV for domestic sales of RMB 2.88-38800 yuan, Wuling Hongguang MINI EV since listing in the Chinese market, sales have been rising frequently, has been in the top three sales of new energy for several months. Wuling Hongguang MINI sold 29143 vehicles in June. From the point of view of the product itself, Hongguang MINIEV does pull down the entry threshold of the automobile market, and it does not have much advantage over other electric vehicles in terms of configuration, power and range, but these disadvantages are not a problem in front of low prices. Compared with the "three nots" in the market, it has obvious advantages in price and safety. The starting price of 30,000 yuan is still relatively attractive to daily commuters and baby mothers.

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From Weimar CEO Shen Hui's remarks, we can also see that smart electric vehicles have formed a "price threshold" in the industry. As early as June 10, Xiaopeng founder he Xiaopeng said that 150000 yuan is the entry price for smart cars, and the price of mainstream models will be between 20 and 300000. Subsequently, Zhou Hongyi, chairman of 360, said in an interview show that such remarks were like those of a layman. Less than 150000 cars now account for 70 per cent of all vehicle sales in China, and popularity is necessary if the smart car industry is to be subverted, Mr Zhou said.

In addition, in recent months, sales figures have been released in Ulai, ideal, Xiaopeng and so on, while Weimar's data have not been released for a long time. Some netizens said: Weimar is lagging behind. Shen Hui said that the current smart electric vehicle market, just played for less than 15 minutes in the first half, is far from the stage of winning or losing, so there is no problem of falling behind. Two new cars will be launched in the second half of the year. It said that Weima was listed on the application board in the first half of the year, and there was a long quiet period, so the outside world will feel that Weima's voice has been reduced.

According to the relevant data disclosed by Weima Shenhui, its sales in June were 4007, with a cumulative sales of 15000 in the first half of the year, and Weima sold 10116 in the second quarter of 2021, up 105.6 per cent from a year earlier. A total of 15665 vehicles were sold in the first half of 2021, an increase of 103.8% over the same period last year.

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With regard to Weimar's listing on the application Kechuang board in the first half of the year, there were earlier media reports citing insiders that Weimar had suspended its application in Science and Technology Innovation Board IPO. According to the information of Weima's listing guidance materials, CIC's CIC profit Industry Fund raised funds in front of Weima IPO, while CIC sources said that Weimar's listing materials found a lot of problems in the review. The report said that Science and Technology Innovation Board was questioned about the lack of science and technology, the proportion of R & D investment in revenue was not high, coupled with continuous huge losses, as well as many problems in the review of listed materials, resulting in its listing in Science and Technology Innovation Board encountered many ups and downs. In response to the above reports, Weimar responded that the so-called "problems in the review of listed materials" are false news. At present, the preparatory work for listing is being carried out in an orderly manner. For details, please refer to the announcement of the Shanghai Stock Exchange. For those who deliberately spread false news, Weimar reserves the right to be held accountable in accordance with the law. The founder of Weimar also expressed "rumors".

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According to the listing guidance report, Weima's operating income from 2017 to the first three quarters of 2020 was 14.872 million yuan, 720 million yuan, 1.78 billion yuan and 1.68 billion yuan respectively, and the net loss was 1.696 billion yuan, 2.453 billion yuan, 3,608 million yuan and 3.649 billion yuan respectively. It can also be seen from the relevant data that the loss of Weima Motor is much higher than its operating income, and the loss has reached 10 billion yuan in less than four years. For the current Weima Automobile, "financing listing" seems to be the only breakthrough, and capital demand has become the biggest problem at present. Some people in the industry said that car brands urgently need to get "tickets" for the second half, and if they cannot go on the market, it will be difficult to solve the demand for funds, and there will be no exits to exchange for capital.

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