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  With heavy losses and new low stock prices, Weilai invested money to open nine new stores.

  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.

  The share price of Weilai fell and Weilai lost money. 2019-09-29
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  The price of the mobile phone released by Xilai is 6499 yuan

  On September 21, at NIO IN 2023 Lai Innovation and Technology Day, NIO Phone officially released and announced the price of the new phone. There are three versions of the new phone, the price is 6499-7499 yuan, and part of the payment is supported. It will be on sale from now on, and will be available one after another from September 28.

  Mobile phones cars technology users car owners support experience price features brands but chips Apple industry vehicles 2023-09-21
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  NIO factory to complete the transfer!

  On December 6, Anhui Jianghuai Automobile Group Co., Ltd.(hereinafter referred to as "Jianghuai Auto

  Automobiles production companies assets factories Anhui Co. Ltd. models qualifications OEM shares groups Cooperation Advanced announcement car use one package Manufacturing Independence 2023-12-05
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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 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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  The third production car of Xilai has been announced, which will be unveiled on NIO Day on December 28th.

  Xilai has officially released a preview of its third production car, which will be unveiled at NIO Day in Shenzhen on December 28th. According to the news, the new car will be the ES6 Coupe version of Xilai. ES8 announced the listing of NIO Day in December 2017 and delivery began in June 2018. The second production car, the ES6, was launched at NIO Day in December 2018 and delivered to users in June 2019. According to the next schedule, delivery of the ES6 Coupe version is expected to begin in mid-2020. Data show that in November 2019, Wei to achieve delivery volume of 2528.

  Weilai ES6 2019-12-12
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  Li Bin responded for the first time to the rumors of layoffs in Xilai Automobile.

  At the 2019 New Energy vehicle Consumer Forum held today, Li Bin, founder and chairman of Xilai, responded to rumors of layoffs for the first time. In addition, Li Bin also explained the questions raised by the outside world about the amount of money spent on NIO Day. Previously, because of continued losses and difficulties, Xilai announced a "cost-cutting" plan. It was also revealed by a number of former employees of Xilai that it was laying off staff one after another. One former employee said there were about 8400 employees in the company at the end of July. This figure is lower than the number of employees disclosed by Li Bin, CEO of Xilai Automobile, in March this year (about 9800).

  2019-08-16
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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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  Weilai shares hit a new low of $1.30, while analysts lowered their target price to $0.90.

  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.

  Weilai stock price 2019-10-02
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  Raise prices across the board! Two new SUV models released by Weilai

  On the evening of December 24th, Xilai unveiled two new models on NIO Day 2022, one for the new generation of Xilai ES8, which is based on the NT2.0 platform, and the other is the Xilai EC7 positioning sedan SUV. It is understood that this is the first time that Weilai has released it on NIO Day.

  New car aspect brand model design brand market battery system platform scheme price consistency power seat 2022-12-25
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  "do what needs to be done", Weilai's share price fell 5.48%.

  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.

  Weilai stock price 2019-08-03
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  Finally started to put into production! The ET7, the first car of Weilai, is offline.

  The third model, which was originally planned to follow the ES8 and ES6, was officially announced in early 2019 that it would be the first car under the brand, but it was delayed again and again for various reasons, finally making its debut this year and expected to be delivered in the first quarter of 2022.

  Weilai 2021-04-03
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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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  Bad report card! Weilai made a huge loss.

  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.

  Sales volume growth sales products market second quarter gross margin brand selling price Li Bin mobile phone gross profit margin expense model cost 2023-08-30
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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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  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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  Li Bin responded to the data leak again: even if he went bankrupt, he would never compromise.

  At the NIO DAY 2022 media conference, Li Bin, founder of Lulai Motor, once again responded to the theft and extortion of user data. Li Bin said: firmly do not compromise with criminals, do not make a precedent for compensation, even if the company goes bankrupt, it will not compromise. Li Bin said the company had reported the case. "

  Data users events Li Bin Security Information car owners companies platforms cars liability loss Privacy Crime official 2022-12-26
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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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  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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  Weilai lost another 4 billion!

  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.

  Weilai 2022-03-25