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According to the National Enterprise Credit Information Publicity System, on July 11, Anhui Qidian Intelligent New Energy Vehicle Co., Ltd. was included in the business anomaly list by the Tongling City Market Supervision and Administration Bureau for failing to publish its annual report within the prescribed time limit.

Data shows that Anhui Qidian Intelligent New Energy Vehicle Co., Ltd. was established in October 2016 with a registered capital of 1.35 billion yuan. The legal representative is Xu Jun. It is mainly responsible for the production and manufacturing of new energy vehicles. The company is Intelligent Car Youxing Technology (Shanghai) Co., Ltd. Holding subsidiary.

At present, Anhui Qidian Intelligent New Energy Vehicle Co., Ltd. went bankrupt on April 9 this year. The applicants are Zhong Wenming and 10 other people. The handling court is the Intermediate People's Court of Tongling City, Anhui Province. It is worth mentioning that Zhong Wenming and other 10 people applied to the Intermediate People's Court of Tongling City, Anhui Province for bankruptcy liquidation of the company in July 2023. This is the second time that a bankruptcy application has been submitted. In addition, Qidian Automobile R & D Center Co., Ltd. announced bankruptcy and liquidation in December 2023 due to its inability to pay off due debts, obvious lack of solvency, and insufficient bankruptcy assets to pay off bankruptcy expenses. The company is Anhui Qidian Intelligent New Energy Vehicle Co., Ltd., a wholly-owned subsidiary of Energy Vehicle Co., Ltd., was established in June 2018 and is mainly responsible for the research and development of new energy vehicle products and autonomous driving technology.

In addition to Anhui Qidian Intelligent New Energy Vehicle Co., Ltd., Weima Automotive Technology Group Co., Ltd. was also included in the business exception list by the Qingpu District Market Supervision and Administration Bureau of Shanghai City for failing to publish its annual report within the prescribed time limit.

Weimar Automotive Technology Group Co., Ltd. was established in May 2012. The legal representative is Weimar founder SHEN HUI (Shen Hui). The registered capital and paid-in capital of the company are both RMB 6 million. It is a company engaged in research and experimental development. The company is wholly owned by Suzhou Weimar Smart Travel Technology Co., Ltd. Weimar Automotive Technology Group Co., Ltd. is the operating entity of Weimar Automobile and has currently applied for bankruptcy review. In response, Weimar Automobile once issued a document saying that the company has not filed for bankruptcy, but is conducting pre-reorganization, trying to transform by restructuring debt and introducing strategic investors. In addition, the company currently has multiple pieces of information on persons subject to execution, equity freezing, consumption restriction orders, persons subject to breach of trust and final case information. Among them, there are 12 pieces of information on the person subject to execution, and the total amount executed exceeds 96.56 million yuan.

Whether it is Singularity Motors or Weimar Motors, they both held good cards at the beginning of their establishment, but unfortunately they ended up in a bleak manner. In terms of time, the two were established at the same time as Weilai and Xiaopeng Automobile, and they can be said to be standing on the same starting line, but now the two have opened a clear gap with "Wei Xiaoli".

In fact, Singularity Motors and Weimar Motors have been in trouble for a long time. Judging from the current development situation, the hope of the two restarting their business is very slim. Since 2023, automobile brands including Redding Automobile, Aichi Automobile, and Ziyoujia have been unable to continue. With the intensification of the knockout competition for new energy vehicle companies, automobile companies lacking product advantages and technical barriers may subsequently face greater survival challenges.

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