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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.
It seems that not long after the incident of layoffs, it has been reported by foreign media that Weilai Motor has just implemented another layoff for American employees this year. The change will fire 62 employees at the company's Silicon Valley office in San Jose, California, according to a document from the California Department of Employment Development. According to JoAnn Yamani, head of North American public relations at Weilai, this round of layoffs is part of the company's "optimization efforts", but will involve various departments. At present, Xilai's business in the United States is mainly focused on R & D and engineering. This layoff has been carried out in the United States this year.
Since entered 2020, under the environment of improving sales and performance, the share price of Xilai Motor has continued to climb. By yesterday, the latest closing price of US stocks rose 19.17% to 20.44 yuan, with a market capitalization of US $24.2 billion, setting a new all-time high.
Tesla has cut prices sharply, but its share price has fallen even more. Since 2022, Tesla's market capitalization has lost about $675 billion (about 4.7 trillion yuan). The decline for the whole year is twice that of the NASDAQ, the worst-performing technology stock in the United States in 2022, and its decline is also much higher than that of other automobile systems.
Meituan founder and CEO Wang Xing recently high-frequency "withdrawal" from the ideal car attracted industry attention. Wang Xing, a non-executive director of ideal Motor and co-founder of Meituan, reduced his stake in ideal Motor Hong Kong shares on March 28, the ninth reduction since March this year, according to documents disclosed by the Hong Kong Stock Exchange on April 3. Hong Kong diplomatic relations
On the evening of May 13, Xilai released the supplementary documents for the second listing of the Singapore Stock Exchange and disclosed the latest financial information of the company. As of February 28, 2022, Lai Motor has cash and cash equivalents, restricted cash and short-term investments totaling 52.65 billion yuan. In addition, the Weilai car can be called
The three major domestic car brands Ullai, ideal and Xiaopeng once again spread the news of listing in Hong Kong. According to the Financial Associated Press on March 29, Lulai Motor and Xiaopeng Motor have submitted their listing applications to the Hong Kong Stock Exchange, and the ideal car has not yet been "submitted." Xilai, Xiaopeng and ideal Motors plan to list in Hong Kong this year to attract more investors and are discussing listing plans with several banks, Reuters reported on March 9, citing people familiar with the matter. The three car brands plan to sell at least 5 per cent of their shares, raising a total of $5 billion based on the market capitalisation of US stocks, according to sources. Xilai is working with Credit Suisse Credit Suiss...
As of March 7, US Eastern time, shares of Xilai Motor fell to $7.09, down 11.49% from the previous trading day and 30.22% in two days. The continuous decline in share prices is related to the results announced earlier by Xilai. According to the latest financial report from Xilai, the net loss of Weilai reached 9.639 billion yuan in 2018, and the delivery of new ES8 cars will also decline in the first quarter. According to Xilai, ES8 deliveries from January to February 2019 were 1805 and 811, respectively, and it is expected to deliver between 3500 and 3800 in the first quarter. In addition, its revenue will decline in the first quarter.
Michael Lohscheller, CEO of US electric truck maker Nikola, said in an official document that if its shares still do not meet the Nasdaq minimum bid requirements for a certain period of time, it may carry out a reverse stock split to avoid delisting. Reverse
After a rare seven consecutive falls in the stock price of Xilai, it finally rebounded and surged by more than 20% to close at $159. As the head of the new car-building power in China, Weilai Automobile has attracted much attention. The u.s. stock market closed down sharply on Wednesday, with the Dow down nearly 500 points, while Chinese stocks were mixed, with Weilai rising 20.45% against the trend. As audience analysts were bearish, Robin Zhu, an analyst at investment firm Bernstein, took the lead in cutting the target price of Lulai by nearly 50% to 90 cents. And the second-quarter results released by Ulai show that 2019.
Lectra 03 +, which only went on sale in August last year, seems to have been selling well, with limited production capacity as a limited release model, so it needs to be "snapped up". According to the brand's latest round of rush-buying conditions, there are only two sales places in each of its stores. However, recently, a netizen found a number of 03+ cars in stock in a Lecker store. As can be seen from the videos recorded by netizens, there are more than two 03cars parked in the offline store, with a preliminary estimate of about 5, although the number is not large, but it also far exceeds the 2 each described by its brand. Lectra 03 +, as the first performance sports car under Lecker, has entered since it was put on the market.
On September 22nd, Faraday appointed Matthias Aydt as FF global CEO and Chen Xuefeng as CEO in China. It is understood that Chen Xuefeng decided to resign as global chief executive of FF on September 16, while resigning as a member of the board of directors.
On August 20, SAIC Volkswagen's new Tuguan family officially launched six models with a price range of 21.58 yuan to 281800 yuan, L PHEV launched two models with a price range of 25.78 yuan to 268800 yuan, and Tuguan X launched five models with a price range of 24.19 yuan to 293900 yuan. As a medium-term revamped model, the appearance and interior of the Tuguan L / Tuguan X have been replaced with the latest family design language, and the power will provide plug-in hybrid versions in addition to the current 1.4T and 2.0T engines. From the point of view of the new car, the medium-term change way view.
On December 13, according to information disclosed by the Hong Kong Stock Exchange: on December 8, Buffett's Berkshire reduced its stake in BYD by 1.3295 million shares, with an average trading price of 201.3432 Hong Kong dollars per share. After the transaction, Berkshire's stake in BYD's H shares fell from 15.07% to 14.95%.
On March 10, Ulai was officially listed for trading on the Hong Kong Stock Exchange under the symbol "9866" with an opening price of HK $160. at one point, it hit a high of HK $169.5 per share, with a market capitalization of more than HK $280 billion at one time. As of today's close, Hong Kong shares fell 0.69 per cent to HK $158.9 per share, with a total market capitalization of HK $265.2 billion, ranking second among domestic car companies after BYD. According to previous reports, Lailai issued a notice on February 28 to announce that it had been heard by the HKEx and approved in principle the secondary listing on the main board of the HKEx, and the relevant listing documents had been issued. Wei came to adopt.
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.
has attracted a lot of attention in the industry since Truss's market capitalization surpassed Toyota's with rapid growth, and its share price has been hovering around $1000. However, in view of this, some institutional analysts began to be bearish on Tesla, believing that compared with other technology companies, Tesla is also an automobile company, so it is impossible to ignore certain risks.
Zeng Yuqun, Li Shufu and Wei Jianjun are among the top three in the latest auto rich list released by Forbes China.
After Guanxuan stopped producing fuel cars, BYD once again issued a major announcement: it plans to buy back the shares of the company with its own funds of no more than 1.85 billion yuan and no less than 1.8 billion yuan for the employee stock ownership plan, and the participating employees only need to complete the performance appraisal. You can get the company stock for free. As of the latest close, BYD closed at 235.4 yuan per share, with a total market capitalization of 634.6 billion yuan, ranking first among domestic auto companies. According to the announcement, the participants of the employee stock ownership plan include the company's employee supervisors Wang Zhen, Tang Mei and senior managers Li Ke, Lian Yubo, he long, Liu Huanming, Luo Hongbin, Wang Chuanfang, Ren Lin, Wang Jie, he Zhiqi and Zhou Yalin.
The share price of Faraday Future, an electric car company founded by Jia Yueting, has soared for two weeks in a row, including 36.54% on July 1, 48.73% on July 5, and 21.15% on July 7, reaching a peak of $6.41, quadrupling from a low of $2.20. As of the latest
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
Benchmarking Song PLUS! Geely Galaxy Starship 7 released
Nilai also wants to make a range-extending car? No official response
Mitsubishi Nissan will establish a joint venture company!
Changan Automobile's October sales announced!
Volkswagen China CEO responds to layoffs: no longer blindly pursues market share
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