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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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  "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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  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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  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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  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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  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 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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  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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  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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  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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  Weilai urgent clarification!

  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

  Mobile phone investment company loss issuance bond announcement convertible stock price trading financing ordinary continuous product price 2023-09-26
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  Farewell to OEM! NIO is qualified for independent production.

  Today, "Automotive Industry concern" found on the official website of the government service platfor

  Automobile production factory qualification OEM ideal Xiaopeng Independence Base Model Company Asset Beijing Manufacturing Cooperation Advanced Lifan successively Power Geely 2023-12-04
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  Volvo's sales in China are down 5.4% from a year earlier.

  According to the official release of Volvo Automobile Group, Volvo sold 615121 vehicles worldwide in 2022, down 12.0% from the same period last year, including 727663 in December 2022, up 12.8% from the same period last year. Chinese mainland is Volvo's largest single market in the world.

  Wall Volvo cars markets sales brands models electric luxury China second-tier share global manufacturing traditional 2023-01-06
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  The stock price surpassed that of BYD, making it the largest car company in China by market capitalization.

  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.

  Weilai 2020-11-30
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  Hundreds of Weilai car owners do not wear masks on the plane, "bungee dancing" and customer service "are all their own people."

  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.

  NextEV 2021-01-12
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  The split self-driving technology of Xilai car caused controversy, and the doubt turned to marketing.

  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.

  Weilai 2020-04-06
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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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  Xilai delivers 2528 cars in November and will release its third electric model.

  According to official sources, delivery of 2528 units in November reached a new high in 2019, with ES6 delivering 2067 units in November and ES8 accounting for 461 units, according to official sources. However, by contrast, the delivery volume of Ulai has weakened. When only the ES8 electric car was sold in the same period last year, deliveries in November 2018 reached 3089, so delivery fell 18.16% in November 2019 compared with the same period a year earlier. According to the data from January to November 2019, Xilai delivered 17395 units and ES6 delivered a total of 8896 units.

  Weilai 2019-12-05
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  NIO Pilot autopilot system upgrade with 7 new functions

  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.

  Driving Weilai add 2019-06-11