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After a huge loss, the company continued to expand, and officials announced the opening of nine more stores during the National Day holiday, including one NIO House and eight NIO Space. NIO Space has a smaller scale and less investment than NIO House, and its main function is to sell cars. NIO House has a huge investment and is laid out in the core business district of first-tier cities, while NIO Space is mainly concentrated in small and medium-sized cities, expanding the sales channels of Weilai. It is understood that the area of NIO Space is smaller, most of the individual store area is 100-200m2, and the cost is lower.
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.
On December 6, Anhui Jianghuai Automobile Group Co., Ltd.(hereinafter referred to as "Jianghuai Auto
The share price of Weilai hit a new low! NIO closed at $1.32 a share on Oct. 2, the lowest since its listing, with a total market capitalization of $1.387 billion. A few days ago, Robin Zhu, an analyst at investment firm Bernstein, cut the target price of Lulai by nearly 50% to 90 cents. On September 24, Xilai announced its second-quarter results, showing a net loss of 3.285 billion yuan belonging to shareholders in the second quarter of 2019. On September 13, 2018, Xilai Motor was listed on the New York Stock Exchange, becoming the first Chinese electric vehicle to be listed in the United States.
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.
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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.
Recently, the official response to the news that Weilai is making layoffs is that online remarks about massive layoffs at Weilai are pure fabrication, and its company is indeed doing local optimization, but the aim is to improve operational efficiency. There are no significant layoffs, which is what Weilai should do at this stage. Affected by media reports of layoffs, NIO's US stock fell as much as 7.78 per cent on Aug. 1 and fell 5.48 per cent to $3.28at the close. Behind the layoffs, the financial situation of Xilai Motor is not optimistic, its company has been for three consecutive quarters.
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.
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.
Today, Xilai officially announced that the latest quarterly results will be released before the US stock market opens on December 30, 2019 (the evening of December 30, Beijing time), the third quarter of 2019 will be released, and a conference call will be held immediately.
Without accident, Weilai lost a huge amount of money again! Before the US stock market opened on August 29th, Xilai officially released its results for the second quarter of 2023, and a bad financial report card was released to the public. According to the financial report, the revenue of Weilai in the second quarter was 8.772 billion yuan, down 14.8% from the same period last year and 17.8% from the previous month.
Recently, a video about the owner of Weilai chartered a flight to Chengdu to attend the launch of NIO Day's new car in Lulai, causing a heated discussion on the Internet. In the video, a number of Velai owners not only do not wear masks reasonably, but also walk around the aisle at will, singing and dancing with a sense of "air concert"! According to several media reports, Air China flight CA4338 from Shenzhen, Guangdong to Chengdu, Sichuan, on the afternoon of January 9, was chartered by the owner of Weilai at his own expense, and the captain, co-pilot, flight attendant, ground crew and passengers were all owners of Weilai, and all boarded from the exclusive boarding gate. As can be seen from the video, the boarding pass and the cabin.
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
The automobile industry has ushered in a historic moment. The market capitalization of the newly built car company "Lulai Automobile", which has been established only five years ago, has surpassed BYD to become the most valuable car company in China. On Nov. 27, U. S. stocks closed at $54, bringing the total market capitalization to $72.84 billion (479.7 billion yuan). You know, the share price of Weilai fell to more than $1 last year, and now it has become the most eye-catching carmaker except Tesla. Meanwhile, BYD shares fell after opening on Nov. 30, down 1.55% in intraday trading, with a total market capitalization of 467.631 billion yuan. Therefore, the current market capitalization of Weilai.
According to Caijing Automotive and Sina Technology, Xilai is considering a secondary listing in Singapore. Xilai is considering a second listing in Singapore as early as this year, while plans to list in Hong Kong also face regulatory scrutiny, according to people familiar with the matter. In response to the above news, Xilai Automobile official said: the company does not respond to market rumors. In fact, as early as March 2021, there were media reports that the "three car-making brothers", Ullai Motors, ideal Motors, and Xiaopeng Motors, would return to Hong Kong for listing. After that, on July 7, 2021, Xiaopeng Motor listed on the main board of the Stock Exchange of Hong Kong, realizing the dual listing of Hong Kong stocks and US stocks.
Zhou Hongyi: we Internet people will certainly be able to build cars, but it will waste a lot of money
For the New North Speedway, there has always been a secret contest between the car factory. The automakers have been here all the time in order to compete for a kind of title. Despite New North's risk factor, the Formula one race withdrew from the venue in the 1970s. But it is still a touchstone for manufacturers and teams. On June 3, Volkswagen came to New North with his family's IDR electric car. Roman Dumas, the champion of the four-time Newnorth 24 hour race, drove the silent beast with a time of 6 minutes 05.336 seconds, making it the fastest pure electric car on the New North track, retiring the EP9 from the altar. For big.
On March 25, Xilai released its 2021 results. According to the financial report, the total revenue of Lulai Automobile in 2021 was 36.1364 billion yuan, an increase of 122.3 percent over the same period last year, of which car sales were 33.1697 billion yuan, an increase of 118.5 percent over the same period last year. The net loss of Weilai in 2021 was 4.0169 billion yuan, down 24.3% from the same period last year. In 2021, the net loss of ordinary shareholders belonging to Weilai was 10.5723 billion yuan, an increase of 88.4% over the same period last year. In addition, the gross profit in 2021 is 6.8214 billion yuan, the gross profit margin is 18.9%, and the gross profit margin for cars is 20.1%. Of the new power car company.
A term about the response of Xilai car to being shorted by a grizzly bear went viral on Weibo today. It is understood that a report released yesterday by Grizzly Research, a US short seller, pointed out that Xilai Automobile achieved this by exaggerating its income and net profit margin by means of accounting.
Heavy! The National Development and Reform Commission plans to relax car purchase restrictions and increase license plate indicators in an all-round way
China's car sales continue to decline and the trend of car consumption is gradually declining. in such an environment, the National Development and Reform Commission is expected to guide further liberalization of the purchase restriction policy and comprehensively encourage automobile consumption. According to the online documents, the National Development and Reform Commission issued the implementation Plan for promoting the Renewal of consumption of Automobile, Home Appliances and Consumer Electronics to promote the Development of Circular economy (2019-2020), which plans to further expand the consumer market such as automobiles, promote the development of circular economy, and deepen supply-side structural reform. The document also describes in detail the specific implementation plan, and there are nine supporting regulations in the automotive field. The most important of these is the purchase restriction city.
2019-04-17 17:36:07Details
All of a sudden! A Tesla in Dongguan was suspected of getting out of control and crashed into multiple cars and destroyed the shop door.
A # Tesla suspected of getting out of control and crashing into multiple cars crashed into the store door # news quickly rushed to the hot search list of Weibo. According to electric shock news and other media reports, on March 4, a Tesla was suspected to be out of control in a traffic accident in Chigang, Humen, Dongguan, Guangdong. After crashing into a BMW, he crushed a Toyota under the car and ended up with a shop facing the street.
2023-03-04 16:56:32Details
The latest delivery list of new forces, Wei Xiaoli dropped by double digits compared with the previous month.
On August 1, the new power brands NIO, Xiaopeng, ideal, Nezha and Zero announced the latest monthly delivery results. According to the ranking of the "Tramway report", the delivery volume of mainstream new power brands was more than 10,000 in July, of which the best performance was Nashi, with 14036 cars, followed by zero-running cars.
2022-08-02 10:28:37Details
Another independent brand was born. Hanlong's first model is "domestic range Rover"?
The Zhongtai version of the "domestic range Rover" has been published for nearly two years since the real car was exposed, and there has been no news of mass production and listing. Now the car has finally been officially unveiled, but it will not be launched as the infamous Zhongtai Motors. It belongs to the new brand "Hanlong Automobile". Hubei Daye Hanlong Automobile Co., Ltd. was established in January 2016 and is headquartered in Daye City, Hubei Province, according to official data. It is a modern new energy automobile parts manufacturing enterprise integrating new energy vehicle design, development, manufacturing, sales and after-sales service. it is also a professional system of automobile engine products, spare parts supporting system products and automobile maintenance.
2019-08-29 11:29:05Details
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