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  There's no money again! FF shares plummeted 50%

  On Sept. 28, Faraday Future (Faraday Future) shares closed down 44.31%, the latest share price at $1.37, the market capitalization fell below the $30 million mark, the lowest since the Nasdaq IPO closed in July 2021. Faraday's Future Proclamation, August 17

  Faraday Faraday share price market company market capitalization ordinary automobile user issuance common stock shareholder capital transaction partnership 2023-09-29
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  Nissan plans to lay off more than 10,000 people worldwide, and reducing costs and increasing efficiency has become a common problem for multinational car companies.

  In the current depressed environment of the automobile market, the control of cost output has become a problem that automobile companies in various countries need to face, especially for the car companies whose sales are not optimistic at present, they should start to solve them as soon as possible. On July 24, Nissan plans to cut more than 10,000 jobs worldwide, including early retirement, in an effort to adjust its production system to revive performance. It aims to boost earnings by cutting fixed spending, a sharp increase from the 4800 job cuts announced in May. Nissan is expected to announce the above news when it publishes its results for the first quarter of fiscal year 2019 on the 25th. Since Ghosn, the former chairman of Nissan, was arrested in November 2018, Nissan.

  Layoffs Nissan Global 2019-07-24
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  Weilai announced a new round of financing, issuing 72 million American depositary shares

  Xilai announced that it has completed the transaction of issuing 72 million American depositary shares (ADS) (each ADS represents 1 Class A common share) at US $5.95 per share. The company also allows underwriters to buy up to 10.8 million additional shares of the company's ADS within 30 days. At the same time, Weilai plans to obtain funds from this ADS financing, which is mainly used to provide cash investment to Weilai China and other necessary working capital. The company expects Weilai China to use cash to invest in R & D products, services and technologies, develop production facilities, and expand its supply chain, operations and sales and service networks.

  Weilai 2020-06-16
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  Weilai urgent clarification!

  A rumor triggered a sharp change in the share price of Weilai. On the evening of Sept. 25, it was rumored that Xilai was considering raising about $3 billion (21.9 billion yuan) because of widening losses and had contacted investors from the Middle East. Financing is likely to take place in the first half of next year and negotiations are still under way. Receive

  Mobile phone investment company loss issuance bond announcement convertible stock price trading financing ordinary continuous product price 2023-09-26
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  The loss in three years is more than 4.4 billion! Zero running car is listed on the Hong Kong Stock Exchange

  On August 29, according to the Hong Kong Stock Exchange, zero-running cars were listed on the Hong Kong Stock Exchange. This also means that zero-running cars may become the fourth new car-building force to land on the Hong Kong Stock Exchange after Wei Xiaoli. According to an earlier announcement on the official website of the CSRC, the CSRC approved the issuance of no more than 291 million shares of zero-running cars overseas.

  Cars losses companies shares electric HKEx power new energy cash ideal electric vehicles capacity securities supervision models shares limited 2022-08-30
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  Qichen restarts the offensive of electric cars by sharing the travel market! Need to be involved in the travel platform

  The Qichen D60 EV has made it clear before its launch that its market is shared travel, which is not common for a compact electric car. Ma Lei, deputy general manager of Dongfeng Qichen, said that if you want to open the electric car market in the short term, you must be involved in the operation of the travel platform. According to sources, Qichen D60 EV has communicated with a number of travel platforms and obtained good orders before its launch. Qichen D60 EV aims at the "big cake" of the travel platform, and the national policy has gradually required taxis and ride-hailing cars in some cities to be replaced by pure electric vehicles, which has also brought opportunities for Qichen D60 EV. Good morning.

  Qichen sharing pure electric 2019-09-18
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  Dongfeng reduced its stake in PSA Group by 10 million shares, making a profit of 1.3 billion yuan.

  Dongfeng Motor, as one of the major shareholders of PSA, has had an important influence since the planned merger of the French Peugeot Citroen Group and the FCA Fiat Chrysler Group. A few days ago, PSA Group announced that PSA has repurchased 10 million PSA common shares from Dongfeng Motor Group Co., Ltd.

  East wind 2020-09-24
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  Jia Yueting sent a letter of apology!

  Jia Yueting sent a letter of apology!

  Jia Yueting sent a letter of apology! 2020-07-02
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  Weilai won an investment of US $1.1 billion!

  On June 20th, Xilai announced a share subscription agreement with CYVN Holdings, an Abu Dhabi investment agency. According to the agreement, CYVN Holdings will make a total strategic investment of about $1.1 billion to Wei through the transfer of new shares and old shares. It is understood that

  Investment Automotive Saudi Arabia companies growth funds Directors Li Bin Job hunting Investment institutions New Energy institutions Fields Abu Abu Dhabi 2023-06-21
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  Faraday's share price plummets in the future! Jia Yueting is in a hurry.

  On October 16th, Jia Yueting, founder of Faraday Future (FF), published an open letter to all shareholders and investors. Jia Yueting said in the open letter: "I am actually the most anxious about the serious deviation between the real value of FF and the value of the capital market.

  Company Faraday Farah Stock Price Market capitalization shareholders Trading value Stock Nass NASDAQ Duck Music Development IPO 2023-10-16
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  Selling cars doesn't make money! Weilai lost 800 million yuan in the third quarter.

  On November 10, the company released its third-quarter results, showing that its total revenue in the third quarter was 9.8053 billion yuan, up 116.6% from the same period last year. The net loss was 835.3 million yuan, a decrease of 20.2% compared with the same period last year and an increase of 42.3% compared with the previous quarter. The net loss belonging to the company's common shareholders was 2.8589 billion yuan, an increase of 140.7% compared with the same period last year. In terms of delivery volume, Xilai delivered a total of 24439 new cars in the third quarter, an increase of 100.2% over the same period last year and 11.6% month-on-month growth, including ES8 delivery.

  Weilai 2021-11-10
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  The chairman of Guangzhou Automobile Co., Ltd. said that he cooperated with Weilai to produce cars, and Weilai: non-Weilai brand cars.

  After announcing its 2018 revenue, the important news is that it has cancelled the plan to build its own plant in Jiading, Shanghai, which was signed in 2017, which means that it will continue to follow the contract manufacturing mode, while it is currently working with Jianghuai to produce the ES8. In addition to Jianghuai, Weilai also has a lot of cooperation with other car companies, including Guangqi Weilai established a joint venture new energy vehicle company at the end of 2017. Recently, Chairman GAC GROUP revealed that the cooperation with Xilai Automobile will include common car production. Outsiders have speculated that GAC may be the second contract manufacturer, but soon to Ullai.

  Tesla 2019-03-08
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  The founder hit 200 million! Copy the bottom of Xiaopeng car!

  On September 25th, Xiaopeng Motor announced that its controlling shareholder, Simplicity Holding Limited, had purchased a total of 2.2 million American depositary shares on the open market on September 23, 2022, at an average price of 13.58 per American depositary share.

  Xiaopeng car sales company model people RMB data gross profit gross profit loss market cash discount growth 2022-09-26
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  Crazy change! Weilai again announced the completion of 235 million US dollars of convertible bond financing.

  On March 5, Xilai Motor announced the completion of another $235 million convertible bond financing project, invested by several non-related party Asian investment funds. The convertible bond will mature on March 5, 2021. Before the maturity of the bill, the holder of the bill has the right to convert all or part of the principal of the bill into Class A common shares. So far, Xilai Motor has completed a total of 435 million US dollars in convertible bond financing projects. Prior to this, Lai Motor announced on February 6 and February 14 respectively that it had completed US $100 million in convertible bond financing and a cumulative total of US $200 million in convertible bond financing. The problem of funding is still the current difficulty for the car company.

  NextEV 2020-03-06
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  There's something wrong again! Faraday was warned to delist in the future.

  On January 10, Faraday issued a future announcement that the company received a notice from the NASDAQ on January 4 that the company did not meet the requirements for continued listing because the company had not held its annual general meeting within 12 months after the end of the fiscal year ended December 31, 2021. Faraday Future Table

  Faraday Faraday Nass Duck NASDAQ Company shareholder Stock Trading booking Annual time Stock Price General Doctrine 2023-01-11
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  Xiaomi buys self-driving company for $77.37 million

  On Aug. 25, Xiaomi Group announced that it had entered into a share purchase agreement with relevant contractors of Deepmotion, a self-driving technology company, for a total transaction value of about $77.37 million. Of this amount, US $24.4 million will be repaid in cash and the rest will be paid by issuing consideration shares. Upon completion of the transaction, Shen Shen Technology will become a wholly owned subsidiary of Xiaomi. According to the announcement, Xiaomi Group acquired 28.84% of SDK's preferred shares with $14.9 million in cash and 71.16% of its common shares at a consideration of US $62.47 million.

  millet 2021-08-26
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  Evergrande released three new models, and Hong Kong stocks soared again.

  On February 10, Evergrande official "Hengchi" released a short video this morning, announcing the official release of three models: Hengchi 7, Hengchi 8 and Hengchi 9. With the release of three new models, Hengchi's product camp has expanded to nine. Hengchi 7 positioning medium-sized pure electric car, and the previously released Hengchi 2 positioning is the same. From the point of view of appearance, Hengchi 7 continues the family design language of Hengchi brand, the through taillight design is still relatively common in the current new energy vehicle products, the whole front does not have too much jumbled design, and looks relatively round. The through taillight at the rear echoes with the headlight, and the rear of the car is provided.

  Evergrande Automobile 2021-02-10
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  Keep warm together! SAIC's strategic cooperation with Guangzhou Auto involves core technology research and development and industrial chain resources

  GAC GROUP and SAIC have announced that the two sides have formally signed a strategic cooperation framework agreement in Shanghai, and the two sides will cooperate in technology research and development, resource coordination, investment layout, market expansion, business model innovation, international operation and other related fields. According to reports, in the research and development of core technologies, the two sides will jointly invest and develop strategic core technologies and platforms in the fields of new energy, intelligence, networking, and lightweight. In sharing industrial chain resources, the two sides will cooperate not only in the field of production and manufacturing, but also in insurance, auto finance, logistics, post-market, industrial investment and so on. In the new business model, double.

  GAC SAIC 2019-12-24
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  FCA withdraws alliance plans from Renault, which may include Nissan becoming the world's largest automaker

  On May 27th, it was officially learned from FCA that FCA had submitted a Fiat-Renault alliance proposal to France's Renault. The plan will likely address the common weaknesses of the two companies. FCA also said in a statement that the two sides would form an alliance through a Dutch holding company, each with a 50 per cent stake, and that independent directors would be adopted in order to balance the company's structure in the future. A separate statement issued by Renault said the board would meet later to discuss the proposal. Fiat Chrysler and Renault will combine brands with each other, FCA said in a statement.

  Automobile Renault Nissan Global FCA No.1 2019-05-27
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  Aston Martin official announced cooperation with Lucid!

  On June 27th Aston Martin announced that the company had reached an agreement with Lucid to work together to produce high-performance electric vehicles. Under the terms of the proposed agreement, Aston Martin will issue 28.35 million new common shares to Lucid and pay cash, stock and cash payments to Lucid in installments

  Martin as Aston electric loss company car pound sterling model capital technology subsidiary electric car payment operation 2023-06-27