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  Baiteng internal file exposure! Work will continue to be suspended for half a year, and all mainland employees in China will be waiting for duty.

  Independent car company Baiteng Motor has suffered a "shutdown" since the middle of this year due to financial and operational problems, and after a six-month shutdown, the company again issued a notice that it will extend the shutdown until June 2021 because it does not have the conditions to resume work and production.

  Baiteng 2021-01-04
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  Baiteng Motor "came alive", registering a new company to raise 2 billion to accelerate mass production of M-Byte.

  Due to capital and operational problems, independent car company Baiteng announced in June this year that all staff were waiting for work and production was suspended. CCTV commented at the time that "burning up 8.4 billion yuan could not produce a mass production car." Now, mass production of the Baiteng M-Byte seems promising again. A few days ago, some media reported that Baiteng Motor has applied to register a new technology company, the name of the new company is "Shengteng", as soon as the end of August to obtain a legal person business license. The new company plans to raise 2 billion yuan to accelerate mass production of M-Byte. At present, FAW Group and other shares of Oriental are actively promoting this financing. Sources revealed that Baiteng is in accordance with FAW Group today.

  Baiteng car 2020-08-25
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  Another company stopped work and production, and the independent car company Baiteng announced that all the staff were waiting for duty.

  The internal email of Baiteng Automobile informs all employees in China that the company will stop work and production from July 1, all employees will be waiting for duty, and the company will no longer arrange work.

  Baiteng shutdown 2020-06-30
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  It was shut down after burning up 8.4 billion of the financing, and it was exposed that the Baiteng Automobile affiliated company became the executee.

  Since its establishment in 2017, Baiteng Motor has raised a total of about 8.4 billion yuan in four rounds of financing. Now that the funds have been exhausted and shut down, CCTV commented that "burning up 8.4 billion yuan will not produce a mass-produced car." Recently, new news has come out from Baiteng Motor. According to the investigation information, recently, Nanjing Zhixing New Energy vehicle Technology Development Co., Ltd., an affiliated company of Baiteng Automobile, was listed as the executee by the people's Court of Qixia District of Nanjing City, with a bid of 332540 yuan. Up to now, it can be found that there are two records of the person subject to execution in the company, with a total amount of 2.2163 million yuan. Data show that Nanjing Zhixing new energy vehicle technology.

  Baiteng car 2020-11-25
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  The restructuring plan of Baiteng Automobile has been approved, and the departure of the founders will be dominated by the "new company".

  Baiteng Motor, a new power car company, has suffered a "shutdown" since the middle of this year due to capital and operational problems, and other businesses have been suspended except for keeping a small number of jobs running. But with the recent news of Baiteng cars, the company seems to have hope again.

  Baiteng car 2020-10-14
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  After burning up 8.4 billion of the production cars, another car company was filed for bankruptcy reorganization.

  According to Tianyan investigation, Baiteng Automobile affiliated company Nanjing Zhixing New Energy Automobile Technology Development Co., Ltd. added bankruptcy reorganization information on July 12, case number (2021) Su 0113 Breaking Shen 26, the applicant is Shanghai Huaxun Network system Co., Ltd. According to Sky Eye check risk information, the company currently has a total of 23 information about the person subject to execution and 13 pieces of untrustworthy information. In response, the person in charge of Baiteng Automobile responded to the media: "at present, some creditors have filed a lawsuit to the court and filed for bankruptcy, the court has not formally accepted the bankruptcy application, Baiteng is actively responding and seeking settlement." According to public information, bye.

  Baiteng car 2021-07-13
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  Foxconn's cooperation with Baiteng's electric vehicles has been suspended, and Baiteng is in a worrying situation.

  Recently, according to foreign media reports, the cooperation project between Foxconn and Baiteng has been shelved, mainly due to the deteriorating financial situation of Baiteng. According to foreign media quoted several people familiar with the project said that the project has not been officially terminated, the number of Foxconn employees in the Baiteng plant is very small, are preparing for the final termination of the project. Some of the senior people involved in the project have left Foxconn. As of press time, neither Foxconn nor Baiteng could be reached for comment. In January this year, Baiteng signed a strategic cooperation framework agreement with Foxconn Technology Group and Nanjing Economic and technological Development Zone, and the three parties will work together to promote the mass production of Baiteng new energy products.

  Foxconn 2021-09-16
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  Another new force goes bankrupt

  "Automotive Industry concern" learned from the Heavenly Eye that on June 14, Baiteng Automobile affiliate Nanjing Zhixing New Energy Automobile Technology Development Co., Ltd. (hereinafter referred to as "Zhixing New Energy vehicle") added a piece of "bankruptcy reorganization" information. The case number is (2023) Su 0113 break 48, and the case type is "bankruptcy case".

  Company Automobile Zhixing Limited Nanjing Co. Ltd. New Energy case Court Electric Investment Technology Electric vehicle Development people's Court 2023-06-16
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  Dai Lei, the former founder of Baiteng, who is good at burning money, will join Evergrande.

  According to a number of media reports, including the Financial Associated Press, Dai Lei, former chief executive and co-founder of Baiteng, will go to Evergrande to work for Evergrande, the specific position of which is still not clear.

  Baiteng 2021-03-25
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  New progress in Foxconn car building, entry declaration "Let Baiteng win"

  For the new car-building forces, 2020 is undoubtedly a year for big waves to clean up the sand. Many new car-building brands, such as Sailin, Future, Boxun and so on, have fallen into operational difficulties, and even the Baitang car, which was once regarded by the outside world as "the most likely to be successful", has run out of funds and has come to a standstill. CCTV commented that "burning up 8.4 billion yuan can not produce mass-produced cars." However, there has been a lot of news about Baiteng recently, and its difficult survival situation may be alleviated. On December 31, 2020, Baiteng just sent a notice of suspension of production in China to its employees, informing all companies in China (excluding Hong Kong) that they still do not have.

  Baiteng car 2021-01-23
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  Zhu Huarong: 70% of brands face "shutdown and merger" in three years.

  A few days ago, Zhu Huarong, chairman of Changan Automobile, said at the 2022 performance communication meeting that China's auto market is undergoing a reshuffle, with both opportunities and challenges. He pointed out that 75 car brands have been closed and merged in the past three years, and it is conservatively estimated that 60% to 70% of the brands will face customs in the next two to three years.

  Automobile Brand China Market New Energy Power Enterprise head Development Product tradition Company Xiaopeng Electric Competition 2023-05-19
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  Cai Ronghua, Deputy Director of the National Development and Reform Commission: zombie car companies should withdraw from the automobile industry.

  Zombie enterprises and invalid production capacity occupy a lot of factor resources, and we must speed up market-oriented construction, rule of law management, and strengthen regulatory accountability, said Cai Ronghua, a national development and reform commission, at the 2020 International Forum on the Development of China's Automobile Industry.

  Baiteng 2020-09-06
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  CCTV name: run out of financing still can not create a super-run, this "super-run brand" to cool?

  As one of the new car-building forces, Jiangsu Sailin has made a high-profile announcement of producing supercars in China, and since June 23 this year, the company has experienced the complete closure of factories and office buildings, the freezing of accounts and the filing of relevant officials for investigation. According to public data, Jiangsu Sailin Automotive Technology Co., Ltd. has five shareholders, of which Nantong Jiahe is the largest shareholder of Jiangsu Sailin Automobile, holding 33.42% of Jiangsu Sailin shares, and is the only shareholder with a state-owned background. According to insiders, the actual capital provided by Nantong Golden Harvest to Jiangsu Sailin is more than 5.9 billion yuan, but the capital since the establishment of the project in 2015.

  Sai Lin 2020-07-08
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  A shortcut becomes a dead end! The qualification of car manufacturing is said to be closed.

  A few days ago, a blogger shared an important piece of information on Weibo, involving production qualifications. 1. The domestic production qualification is no longer allowed to be sold and can only be cancelled. 2. The car company that has become the last contract factory route has been specially approved. 3. Xiaomi is specially approved by Beijing and forcibly cancelled Baowo's qualification to Xiaomi. 4.

  Automobiles production qualifications enterprises Geely contract manufacturing China market power new energy vehicles access manufacturing companies millet 2023-02-19
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  Semi-annual report of the new power of car-building, many car companies are facing the test of life and death.

  According to the latest comprehensive sales statistics of the Federation of passengers, the cumulative sales of narrow passenger cars in China from January to June reached 7.712 million, down 22.5% from the same period last year. Among them, the cumulative sales of narrow new energy vehicles in China fell 44.0% to 313000 vehicles compared with the same period last year, and the total sales of the top 10 new forces in the first half of this year were 45795, accounting for 14.1% of the total new energy sales in the country. Among them, Weilai, ideal and Weima occupy the top three in the delivery volume of the new car-building forces in the first half of the year. Weilai is still the leader of the new power of car building, delivering a total of 14169 cars in the first half of this year, of which June delivery increased by 17.

  Xiaopeng Tesla Weilai 2020-07-20
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  List of the bottom 40 automakers, many have stopped production with zero sales.

  After two consecutive years of decline, China's automobile market suffered an epidemic attack in 2020, which made the originally difficult car manufacturers face the risk of shutting down and closing down. In the environment of stock competition, the survival of automobile enterprises has once again attracted attention. It can be expected that the car companies with the lowest sales are already under tremendous market pressure, leaving them little time, and may also be included in the list of the first batch of car companies to collapse in the future. At the end of the first half of 2020, the sales ranking of domestic car companies has also been officially confirmed. Statistics show that 87% of car companies experienced a decline in sales in the first half of the year, only a few achieved counterattack and achieved sales growth, and the industry environment changed.

  Car companies car sales 2020-07-14
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  Another lawsuit? Ten million shares in Weimar have been frozen.

  According to the website of the national enterprise credit information publicity system, Hubei Xinghui New Energy Intelligent Automobile Co., Ltd. added new equity freeze information on July 28, and the person being executed was Weima Automotive Technology Group Co., Ltd., which froze about 19.6762 million RMB. The freeze period is from July 28th to July 28th, 2023.

  Automobile Weimar Company Information Limited Limited Power Group official New Energy Intelligence Information Technology Equity second Line 2023-08-04
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  Miserable! Terminate the acquisition of Weimar

  Apollo Smart Travel Group Co., Ltd. (hereinafter referred to as "APollo Travel") issued a notice on September 8, saying that the parties concerned had agreed to terminate the acquisition agreement, taking into account other business factors such as volatile global market conditions and geopolitical conflicts, continued uncertainty in financial markets and short-term economic recovery after the epidemic.

  Weimar cars companies travel Hong Kong dollars announcements crises employees limitations events suppliers factories limited companies equity stores 2023-09-09
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  Sales hit a record high in the coming quarter, and when to get rid of "losing one" is still the key.

  On July 2, Xilai released delivery data for June 2020. Data show that a total of 3740 vehicles were delivered in June this year, an increase of 179.1 per cent over the same period last year. Among them, ES6 and ES8 delivered 2476 and 1264 vehicles respectively, the quarterly delivery reached a record high. In addition, as of June 30, Weilai has delivered a total of 14169 vehicles. In addition to the delivery data, Weilai also disclosed good news on financing. On June 29, Xilai officially disclosed the final progress of the Hefei strategic investment agreement, plus a cumulative financing of $435 million on February 6, 14 and March 5 this year.

  Weilai 2020-07-02
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  The founder of a new force is restricted, and the official response

  On July 4, Weimar, a new force in car building, responded to the fact that founder Shen Hui had been restricted from high consumption. Weima Automobile said on its official website Weibo: & quot; has been verified that the height limit has been lifted & quot;. The China Executive Information publicity Network shows that because of its ability to perform, it refuses to fulfill its obligations under the effective legal documents, Weima Automotive Technology.

  Automobile Weimar Company Consumer people Court Shanghai Shanghai Qingpu District restriction people's Court Information Limited Co. Ltd. 2023-07-04