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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.
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.
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
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.
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.
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.
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.
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.
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...
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.
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Today, "Automotive Industry concern" found on the official website of the government service platfor
According to relevant media, Dr. Shen Fei, vice president of Lulai Automobile, posted a short video on the social platform, personally demonstrating how to drive with both hands off the steering wheel while turning on the NIO Pilot function. However, it was condemned by the majority of netizens. Shen Fei has deleted the Weibo a few days ago. "NIO Pilot is becoming more and more addictive," his caption wrote. "the meeting ends at 01:30 and leaves, with the help of autopilot, safely eating while driving." Judging from the released video, the video is only 7 seconds long. Shen Fei is driving a Xilai ES8 that turns on the NIO Pilot function, which is 100.
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.
The NIO Pilot autopilot system will be upgraded, Weilai said in an official statement. Seven new features have been added to the new system, and the NIO OS 2.0 intelligent operating system has been launched at the same time. The upgrade of NIO Pilot autopilot system adds seven functions, including high-speed autopilot (Highway Pilot), congested autopilot (Traffic Jam Pilot), turn signal control lane change (Auto Lane Change) and so on. After this upgrade, it officially marks that the NIO Pilot system has become.
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.
With the emergence of more and more intelligent cars, its self-driving technology has also become one of the choices to attract consumers, but with the emergence of self-driving technology of various car companies, its function description is also emerging one after another.
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.
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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