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  Will Weilai split the NIO Power power-up business and seek 1 billion yuan of financing to ease the financial pressure?

  Today, the media reported that four-year-old Xilai will spin off its energy supply service NIO Power and seek a billion dollars in financing for this. In response to the report, Xilai Motor responded with "no comment". According to reports, Xilai is about to spin off its energy supply service NIO Power, seeking to complete independent financing in Q4 this year, with a scale of about billions of yuan. The project, led by Li Bin, founder, chairman and CEO of Lulai, as well as Qin Lihong, president of Lulai, and Shen Fei, vice president of power management of Lulai, may be launched as an independent APP in the next 2 months. Meanwhile, NIO Power...

  2019-07-16
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  The share price of Xilai car plummeted, Internet car-making ushered in crisis and nightmare

  Shares of NIO continued to fall to an all-time low of $1.56 at the close of trading on Oct. 1, with a total market capitalization of just $1.639 billion. The share price of Weilai has fallen nearly 50% from its closing price of 3.04 on Sept. 20, and the total market value has lost more than $1.5 billion in ten days. On September 13, 2018, Xilai Motor listed on the New York Stock Exchange, becoming the first Chinese electric vehicle to be listed in the United States under the symbol NIO, with an offering price of US $6.26 per share and a total market capitalization of US $6.313 billion. The share price of Weilai soared after the IPO, reaching as high as $13.8 a share. However, the year of listing.

  The share price of Weilai fell and Weilai made a loss. 2019-10-01
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  Weilai stock price plummeted, conference call was cancelled and resumed.

  After the announcement of the second-quarter results, the share price of Lulai Motor fell sharply to close at $2.17 today. Affected by a loss of 3.285 billion in the second quarter, the market slumped today and hit a record low of $1.97. for unknown reasons, Xilai announced the cancellation of the scheduled earnings call, saying that more news would be released in the form of announcements, which was very rare after the financial reports of listed companies were released, which was generally questioned by the market reaction. This morning, Xilai Motor again decided to announce that it would hold a conference call on second-quarter results at 20:00 Beijing time. At the time of this release, the conference call was being held, followed by some transcripts. The second quarter results show.

  Weilai reported losses Weilai's latest stock price Weilai teleconference 2019-09-25
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  Due to personnel changes, the share price of Xilai Motor "roller coaster" fell by more than 13% in one day.

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  Weilai Automobile CFO position 2019-11-07
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  Two senior executives left their jobs, and Zhuang Lishi was squeezed out because of poor software development.

  According to foreign media, the new force of Chinese car-making, Xilai Motor, has lost two senior executives. Zhuang Li, vice president of software development for Lulai, and Angelika Sodian, managing director for the UK, have both left. A spokesman for Weilai also confirmed the departure of the two and said that the handover had been fully completed. It is understood that at present, Weilai has made internal adjustments to the software opening team. according to people familiar with the matter, after Zhuang Li left, the software teams in Beijing and Shanghai have been taken apart and reported their work to different responsible persons. Among them, the Shanghai software team has developed to the Weilai enterprise.

  To leave one's job. 2019-07-02
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  Weilai will hold NIO Day at the end of December and launch a brand new model.

  On November 29th, Xilai officially announced that the 2019 NIO Day will be held in Shenzhen on December 28, and said it will release a new model. Officials have not disclosed any information about the new car. Although there is no official information about the new car, some industry insiders say the new car is an all-electric car unveiled at the Shanghai auto show, the Lulai ET. Judging from the previously released pictures, the new car is positioned as a four-door sedan with a hatchback design and is expected to carry the newly developed carbon fiber shell battery pack technology. However, some people in the industry believe that since it is a brand new model, the official should not.

  Weilai 2019-11-29
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  Lai Automobile reduces the proportion of provident fund contribution to 5% because of difficulties to reduce costs.

  According to domestic media reports, Lai Motors announced that it would reduce the proportion of provident fund contributions from the current 12% to 5% from September. Lai Motors said that the company was currently experiencing difficulties and returned to the actual situation of start-up companies in order to concentrate resources to support front-end business development. starting from next month, under the condition that the basic benefits of employees will not be affected, the provident fund will be paid at a statutory rate of 5%. This adjustment involves all employees of various departments in China. Due to the different statutory standards and operating procedures of provident fund in different places, the implementation time will be slightly different. In May 2018, the Ministry of Housing and Construction, the Ministry of Finance and the Central Bank issued a statement on improving housing.

  Car Weilai proportion 2019-08-29
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  Was sued by Audi for changing the name of ES7 European market to EL7?

  "Global business" is the major direction of the development of new forces and new energy car companies in China in recent years. As one of the new forces in domestic car building, Lulai announced its entry into the Norwegian market in May 2021. In September of the same year, ES8 was officially listed in Norway and started user delivery. In December, in Weilai NI

  Models Europe Audi cars markets Germany lawsuits trademarks products representatives systems global company power reasons 2022-10-07
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  Xilai cars will be exported to the European market, internally codenamed "Marco Polo Plan"?

  Following the export of domestic Tesla Model 3 to Europe, autonomous cars are going to start overseas sales plans. November 2 media news, Weilai is planning to build a sea division, the internal code is tentatively designated as "Marco Polo Plan", its models will be sold to Europe. People close to Lulai have revealed that the first overseas NIO House may land in Copenhagen, Denmark. Another person close to Weilai said that Weilai already has an export business team, has recently deployed a lot of personnel, and plans to sell 7000 ES8 and ES6 models locally in two years. At the same time, the above-mentioned people also said that Weilai export.

  Weilai 2020-11-02
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  Weilai lost 5 billion US dollars in 4 years, which is equivalent to Tesla's 15-year cumulative loss.

  According to foreign media statistics, NIO, which is known as "Tesla of China", has been established for four years since 2015. However, over the past four years, the loss of Lulai has reached Tesla's cumulative loss of 15 years, about 5 billion US dollars. After 4 years of development, there is not only no "hematopoietic function", but the loss is still continuing. Some analysts believe that Xilai will lose another 2.6 billion yuan ($369 million) in the second quarter, or about $4 million a day, bringing the company's cumulative loss since its inception in 2014 to about $5.7 billion. According to Weilai Automobile.

  Xilai Automobile loss 5 billion US dollars Tesla 2019-09-23
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  Weilai announced the completion of US $100 million convertible bond financing, and there is still a lot of financial pressure.

  Xilai Motor announced the completion of a cumulative $100m convertible bond financing project, which was bought by two Asian investment funds of $70 million and about $30 million respectively, both of which were "non-related parties".

  Weilai financing 2020-02-07
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  Xie Dongzhong, CFO of Xilai Automobile, will leave office, which is related to the financing measures of Xilai.

  According to several sources at the top of the company, Xie Dongzhong, chief financial officer (CFO) of Lulai Automobile, will leave office in the near future. According to people familiar with the matter, Chief Financial Officer (CFO) Xie Dongzhong is likely to work until the 30th of this month. However, to this news, the public relations staff of Xilai automobile responded that they had not received the relevant news yet. It is understood that Xie Dongqin joined Xilai Automobile in May 2017 and took up the position of CFO, responsible for the financing and listing projects of Lulai Automobile, reporting directly to Li Bin, Chairman and CEO of Xilai Automobile. There are two financial directors of Lulai Automobile. One is Wang Dongning, vice president of financial affairs of Lulai Automobile, and Ning is in charge of Lulai.

  Xie Dongzhong CFO of Xilai Automobile will leave in connection with the financing measures of Lailai. 2019-10-28
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  Li Bin: this is the only way for Weilai to go. The whole company is actively raising funds.

  On the evening of December 28th, Weilai held its annual NIO Day conference, and the new ES8 and EC6 sedan SUV were released, which began delivery in April and September 2020, respectively. At the same time, the price of the 100kwh battery pack was announced, which increased the NEDC mileage of ES8 to 580km to exceed 600km. In response to the current problems and development of Weilai, Chairman Li Bin made a response. When talking about why he chose the high-end automobile field, Li Bin said, "in a market of more than 100,000 yuan, many Chinese brands have done very well, and there is no shortage of us, high in the mainstream."

  Wei Lai Li Bin 2019-12-29
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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 share price of Xilai Motor fell again, and the total market capitalization shrank by 87% after listing.

  Since the announcement of the results, the share price of Xilai has continued to fall. NIO shares closed down 4.32% at $1.550 a share on Oct. 8, with an intraday low of less than $1.50, with a total market capitalization of $1.629 billion. Compared with its debut on the New York Stock Exchange a year ago, the highest share price has gone to $13.80, and its market capitalization has shrunk by 87% since it exceeded $13 billion at one point. Not long ago, analysts at investment firm Bernstein pointed out in a report that Xilai may run out of cash in a few weeks, and the target will come.

  The stock price of Weilai and the current situation of Weilai Motor. 2019-10-08
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  Online rumor Li Shufu spent 300 million yuan to buy shares to both sides to respond to financing rumors: no comment

  Recently, there are media reports that Geely plans to invest US $300 million to buy shares, and pointed out that according to the calculation of the convertible bonds of US $3.07 that has just been carried out in the primary market, Geely will account for less than 10% of the shares of Lulai after this round of investment, and after the shares are diluted by existing shareholders, Geely is expected to become the third largest shareholder of Xilai. In response to the relevant media reports, Yang Xueliang, vice president of Geely Automobile Group, said that he "did not know about this and did not comment on the market rumors". Lulai also said that "no comment will be made, and all financing related issues will be mainly announced." The shortage of funds for cars in Xilai is nothing new.

  Li Shufu Weilai Motor 2020-02-18
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  Weilai China headquarters settled in Hefei, with project financing of more than 10 billion yuan.

  According to the official website of Hefei Municipal people's Government, Weilai and Hefei signed a cooperation framework agreement on the 25th. According to the agreement, the China headquarters project of Xilai Automobile includes the establishment of China headquarters in Hefei, the establishment of research and development, sales and production bases, and the establishment of a Chinese headquarters operation system centered on Hefei. The project plans to raise 14.5 billion yuan for the company's research and development, market system establishment and operation; at the same time, the headquarters and R & D base (1 billion yuan) and the second production base (1.5 billion yuan) are planned and built. Before that, Xilai had planned to be headquartered in Shanghai and build a factory in Shanghai, but due to Tesla's construction in Shanghai.

  Weilai 2020-02-25
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  Ideal Xiaopeng announced quarterly results for the first time, Weilai posted a net loss of 1.2 billion yuan in the third quarter.

  The three major domestic car brands Xiaopeng Automobile, ideal Automobile and Ulay Motor announced their third-quarter financial data, which is also the first financial report since Xiaopeng Automobile and ideal Automobile went public. On November 17, Xilai released its third-quarter financial report, showing that the total operating income during the reporting period was 4.526 billion yuan, an increase of 146.4% over the same period last year. The net loss of shareholders belonging to listed companies was 1.188 billion yuan, down 53.5% from the same period last year. The gross profit margin in the third quarter was 12.9%, compared with-12.1% in the same period last year. At present, three models of ES8, ES6 and EC6 have been launched, and the overall sales volume continues to rise. Third.

  Xilai car ideal car 2020-11-18
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  Zhou Hongyi: we Internet people will certainly be able to build cars, but it will waste a lot of money

  Zhou Hongyi: we Internet people will certainly be able to build cars, but it will waste a lot of money

  Zhou Hongyi 2021-07-09
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  Seize the overseas market? Xilai Motor is considering entering the American market.

  Tesla, as an electric car company in the domestic market in the United States, has stabilized the local electric market since the continuous increase in sales. Nevertheless, as a new power of domestic car companies, Weilai also wants to enter the market "a piece of the pie." Recently, it has been reported that Weilai will also consider entering the US market.

  Weilai 2021-02-12