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  Li Bin: Weilai will make a profit earlier than Tesla

  In the face of a loss of 2.6 billion yuan in the first quarter of 2019 and the signing of a 10 billion financing agreement with Beijing Yizhuang International Investment and Development Co., Ltd., Xilai Automobile has also attracted much attention from the industry. Recently, Li Bin, CEO of Weilai, who took Tesla as a rival, gave an interview in which he also responded to a loss of 2.6 billion yuan in the first quarter. "as a young company, it is impossible for Weilai to make a lot of money in the first place, and Tesla lost 16 years to make money, and we have only been able to make money for more than four years," he said. It means that these are a means of financing for the company. Xilai Motor has only been established for 4 years.

  Cars sales BMW official year-on-year data 2019-06-13
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  Weilai made a huge loss in 2018, and Li Bin responded: the short-term Prophase is the investment period.

  Recently, Xilai Automobile released its fourth-quarter results, showing that the total revenue in 2018 was 3.4356 billion yuan, and the loss further expanded, with a net loss of 9.639 billion yuan. Weilai delivered ES8 113.48 million in 2018, meaning a loss of nearly 850000 yuan for every car delivered in the past year. In addition to huge losses, Weilai also halted plans to build a factory in Shanghai, and the share price also fell. Li Bin, chairman of Weilai, recently responded to the problem of loss: we cannot account for Weilai on the basis of how much money a car has lost. It is the investment period in the short term and in the early stage, and now there is only one car on sale.

  Loss response Weilai Li Bin 2019-03-10
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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 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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  Li Bin: don't build a car without "40 billion"

  Recently, Li Bin of Xilai Automobile said in an interview with the media: "car building requires a reserve capital threshold. I said 20 billion a few years ago, but now it may not be possible to do it without 40 billion." "I think the threshold of the automobile industry is much higher than we thought, and today may be different from that of a few years ago," Li Bin said. At this point in time today, I think the threshold for investment in research and development, service system and infrastructure has actually become higher. " In Li Bin's view, the high investment in the automobile industry is not only in terms of fixed assets, but also in R & D and service system. For the saying that it takes 40 billion to build a car today, Li Bin.

  Wei Lai Xiaomi 2021-12-25
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  The stock price of Xilai Motor plunged to close at $2.17, and the second quarter loss was announced by Weilai to cancel the conference call.

  After the announcement of its second-quarter results, Ulay's shares fell sharply, closing at US $2.17 today. Affected by a 3.285 billion loss in the second quarter, the market slumped to an all-time low today, and then announced that it would cancel the scheduled earnings call. According to the second-quarter results, Lulai Motor achieved revenue of 1.508 billion yuan in the second quarter, higher than the market expectation of 1.309 billion yuan. In the second quarter, the net loss attributed to shareholders was 3.285 billion yuan, higher than the market expectation of 2.944 billion yuan, compared with a loss of 6.11 billion yuan in the same period last year. In the first half of 2019, Weilai made a cumulative loss of 5.9086 billion yuan.

  Weilai's share price plummeted and Weilai lost money. 2019-09-25
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  Xilai Q3 delivered 4799 vehicles more than expected, but the car sent to Lei Jun has not yet been given.

  Xilai, which lost a lot of money and its share price fell, today released its September and third-quarter delivery results. Xilai delivered a total of 4799 vehicles in the third quarter, compared with an earlier estimate of 4200 to 4400 in the third quarter, so the result also exceeded expectations. In September, Xilai delivered 2019 vehicles, including 1726 ES6293 ES8;, a total of 4799 vehicles delivered in the third quarter, including 4196 ES6603 ES8. Li Bin said, "delivery in the third quarter exceeded the upper limit of our guidance, because ES6 production and delivery were first delivered in June."

  Lulai car loss sales volume 2019-10-08
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  Li Bin said that the possibility of sudden death in Weilai has greatly decreased.

  Recently, at the 2021 China Automobile Forum in Chongqing, the media asked "will Weilai and other giants be slapped to death on the beach by giants such as Apple and Baidu?" Li Bin said that building a car or starting a business is a marathon, and the automobile industry is a marathon on a muddy road, competing with itself all the time. Li Bin said that running a marathon is different from running 100 meters. Running a marathon should think about how to master the rhythm, how to think about the whole process for a long time, and how to think about it thoroughly. Weilai has experienced a lot of things in more than 6 years since its establishment. Weilai must have learned a lot now, and the possibility of sudden death is similar to that of sudden death.

  Weilai 2021-06-15
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  Financial report of 2023H1 car companies: Weilai lost the most

  Recently, domestic automobile companies have released H1 financial results for 2023 one after another. among the annual reports of 20 A / H-share listed companies counted by Automotive Industry concern, BYD became the most profitable car company in the first half of the year, with a net profit of 10.954 billion yuan. Xiaopeng Automobile and Lifan Technology have seen a decline in revenue and profits, especially

  Car growth gross profit group gross margin sales brand Xiaopeng net profit net profit Biya company competition loss enterprise 2023-09-16
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  Not ideal! Weilai Hong Kong shares closed down on the first day of listing

  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.

  NextEV 2022-03-10
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  The annual loss is 8.2 billion yuan, and it is controversial that the annual salary of CEO exceeds 1.2 billion yuan.

  Following the success of car-building New Power Zero Auto in the Hong Kong Stock Exchange IPO, another new power brand Weima Automobile also accelerated the delivery of IPO, but Weima Motors' public prospectus caused a lot of controversy on the Internet. According to Weima's prospectus, Weimar's losses continued from 2019 to 2021.

  Car Weimar ideal loss Xiaopeng Power shares salary Model other Price Total amount data Management Enterprise 2022-09-26
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  Financial report of car companies: BYD has become the most profitable car company

  Recently, domestic automobile companies have released their financial results for 2022 one after another. Among the annual reports of 20 A / H-share listed companies counted by "Automotive Industry concern", including SAIC, Jianghuai Automobile, Dongfeng Automobile, brilliance China and Zhongtai Automobile, both revenue and profit have fallen, especially SAIC.

  Automobile Group SAIC Group loss sales growth Company net profit net profit Biya Market Industry Great Wall Dongfeng Enterprise 2023-05-02
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  There are not many opportunities left for Wei Xiaoli!

  As of March 19, ideal, Weilai and Xiaopeng have released the 2022 Q4 and 2022 financial results one after another, but in terms of time, the ideal is obviously faster than that of Lai and Xiaopeng, whether the sales volume or the annual report is usually the first to be announced. Can show more confidence. There are more and more products and the price is getting more and more expensive.

  Cars ideals Xiaopeng losses growth models markets gross margins products enterprises power more and more brands 2023-03-19
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  Tesla continues to plummet!

  When American stocks opened on February 23rd, Tesla's share price fell by more than 13% at one point, and then quickly rebounded. As of the day's close, Tesla fell 2.19% to US $698.84 per share, with a total market capitalization of US $670.784 billion. It is worth mentioning that this is the fourth consecutive trading day that Tesla has declined. Entering 2021, Tesla stock price trend can be said to be ups and downs. In January, Tesla's share price continued its 2020 growth trend, reaching as high as $900.40 per share, an increase of 12.45 per cent. In February, Tesla's share price fluctuated continuously.

  Tesla 2021-02-24
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  Stop production due to arrears? Weimar CEO responded

  On December 5, a piece of news that Weimar owed money and caused the factory to stop production sparked a heated discussion on the Internet. According to the report, Weima has basically stopped production because of the cut-off of core components due to arrears of suppliers' accounts; the project of the first sedan M has also come to a standstill; and Weima is no longer available after the contracts of many employees of the Chengdu industry and research department expire.

  Weimar Automobile Power Company Xiaopeng Market News loss data Model Shanghai Enterprise ideal Information employee 2022-12-06
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  Solid hammer! Weimar confirms pay cut

  Weima, a new power car-building company, announced four wage optimization measures at an internal employee communication meeting, the 21st Century Business Herald reported. According to the report, due to payback and financial considerations, the payroll date of employees has been postponed from the 8th to the 25th since November; at the same time, executives above the deputy general manager are paid 50% monthly salary, M

  Weimar Automotive Science and Technology products Market Group Xiaopeng Model Sindh Investment Price Enterprise Power ideal Stock Price 2022-11-01
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  Three times in three months! The prices of three Weima models have gone up.

  On October 1st, Weima Motor, a new power car company, announced a price increase. Officials said that due to the rising prices of upstream raw materials and other comprehensive factors, the price of Weima W6 will be raised. The price adjustment covers 520KM of NEX Exploration Edition, 520KM of PRO all-around Edition and 520KM of ACE Smart Edition.

  Weimar price model brand power car Xiaopeng range price ideal product year-round data Nezha don't 2022-10-01
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  The established car companies merged and reorganized, and Weimar took over.

  After a rough time, Cheetah finally saw a glimmer of hope. On July 15, the first creditors' meeting of the merger and reorganization of six enterprises, including Hunan Cheetah Automobile Co., Ltd. (hereinafter referred to as "Cheetah Automobile"), was officially held, at which the Cheetah Automobile restructuring Manager announced the draft merger and reorganization Plan. Hengyang Hongdian

  Automobile Cheetah Weima Company Changfeng Group Hunan Factory New Energy sales Changsha production vehicle Limited year-round 2022-07-17
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  Sales plummeted and Xiaopeng made a net loss of 2.376 billion yuan in the third quarter.

  On November 30th, Xiaopeng released its third-quarter results, showing that Xiaopeng's revenue in the third quarter was 6.823 billion yuan, an increase of 19.29 percent over the same period last year. The net loss was 2.376 billion yuan, an increase of 48.99% over the same period last year. The gross profit margin was 13.5%, down 0.9% from the same period last year, an increase of 2.6% from the previous month.

  Xiaopeng car sales ideal model loss adjustment power market version growth data target stock price performance 2022-11-30
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  Ten billion yuan was burned in four years, and Weimar was listed in Hong Kong.

  After the failure of Ji Kechuang board listing, Weimar decided to list in Hong Kong. On June 1st, the attention of the automobile industry learned from the Hong Kong Stock Exchange's disclosure of a new batch of IPO application lists that Weima Motors formally submitted applications for listing of Hong Kong shares, with Haitong International, China Bank International and Bank of China International as sponsors. If nothing happens, Weimar will

  Weimar Automobile Market financing Xiaopeng loss Investment accident ideal Enterprise year-round range consumption Price 2022-06-01