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Lifan is having a hard time, and so are its smart travel brands! The car used by Wanda was exposed that "no car is available" in Guangzhou.

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

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AutoBeta(AutoBeta.net)10/26 Report--

Following Tuge, immediate travel and other shared car platforms were exposed that the deposit is difficult to return, Lifan's Panda car also fell into the plight of the deposit is difficult to return, the current Panda car operation in Guangzhou site has been quietly offline.

Recently, some media reported that Panda car has reached the point of "no car available" in Guangzhou. Log in to Panda car APP, and many sites in Guangzhou show that "there are no vehicles available at this station". Panda car customer service said that when it will be online has not yet received specific notice.

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Guangzhou is the first first-tier city operated by Panda. According to the data, Panda cars were officially put into operation in Guangzhou in January 2018, when 1000 pure electric shared vehicles were put into operation in Guangzhou, and it is planned to gradually increase to 5000 in 2018.

However, it has been less than two years since it was revealed that there are no cars available in Guangzhou. In addition, in addition to Guangzhou, Nanjing, Suzhou, Wuhan and other cities also show that "there are no vehicles available at this station". In March this year, Panda had suspended the platform operation of the Nanjing site on the grounds of "APP upgrade", and users said that the Nanjing site was not yet online.

Whether Panda car will withdraw from the Guangzhou market, Panda car use follow-up urban layout planning and other questions, Panda car use has not yet responded.

According to the data, Panda car was officially launched in November 2015, and the new energy vehicle intelligent travel platform invested strategically by Lifan Holdings provides time-sharing leasing, chauffeured car leasing, long-term leasing of enterprises and institutions, and other forms of "Mobile Internet + vehicle networking + Energy Internet + car service" company. In 2017, Lifan Industrial Co., Ltd. announced that it would invest 15.75 million yuan in its new energy sharing car brand, Panda.

However, in recent years, the development of Panda cars in major cities, its business situation is also difficult to be optimistic. In addition, through business investigation, we learned that the car used by Panda included more than 100 judicial documents and court announcements.

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As a matter of fact, the Lifan car behind the Panda car has also encountered difficulties in operation. Today, Lifan shares released its third-quarter results, which showed that in the first three quarters, the company achieved operating income of 6.686 billion yuan, down 19.52% from the same period last year, and a net profit loss of 2.633 billion yuan, compared with a profit of 134 million yuan in the same period last year.

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Behind the profit and loss, Lifan's sales also declined. In September, the company sold 399 traditional passenger cars, down 95.90% from a year earlier, down 72.25% from January to September. New energy vehicles sold 360units in September, down 63.41% from January to September to 2035, down 65.67% from a year earlier.

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Lifan said in its third-quarter financial report that due to the current general decline in the domestic automobile industry, it has a greater impact on the company's automotive sector business, and the financing environment has not improved yet, causing certain pressure on the company's short-term operating liquidity. If there is no significant improvement in the future, losses may continue in the next reporting period.

In the current severe market environment, the sales and performance of many car companies have suffered a huge blow. In order to expand their business and increase profits and sales, a number of car companies have gradually made efforts in sharing travel. But this has higher requirements for the strength and technology of operators' capital. A little carelessness will lead to "falling through the bucket".

Some people in the industry said that sharing cars is a heavy asset operation, which is different from sharing bicycles, the cost of sharing bicycles is about a few hundred yuan to thousands of yuan, while the cost of sharing cars is tens of thousands of yuan, without heavy capital investment and the support of the whole car factory, it's hard to operate.

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