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  Weilai China headquarters settled in Hefei, with project financing of more than 10 billion yuan.

  According to the official website of Hefei Municipal people's Government, Weilai and Hefei signed a cooperation framework agreement on the 25th. According to the agreement, the China headquarters project of Xilai Automobile includes the establishment of China headquarters in Hefei, the establishment of research and development, sales and production bases, and the establishment of a Chinese headquarters operation system centered on Hefei. The project plans to raise 14.5 billion yuan for the company's research and development, market system establishment and operation; at the same time, the headquarters and R & D base (1 billion yuan) and the second production base (1.5 billion yuan) are planned and built. Before that, Xilai had planned to be headquartered in Shanghai and build a factory in Shanghai, but due to Tesla's construction in Shanghai.

  Weilai 2020-02-25
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  Stunned! Weilai "High-end Social Circle": 10 million threshold for membership

  According to media reports, the basic condition for Weilai car owners to enter the high-end community EP Club is 10 million yuan-you need 10 million yuan to buy Weilai EP9 or help Weilai sell cars up to 10 million yuan to get tickets to the high-end community EP Club. In the official definition of Weilai, EP Club is the official user club of Weilai and the most high-end user club within the NIO brand. According to the 2021 EP Club membership rules announced by Weilai, in addition to buying EP9 and automatically becoming a member, 2021 EPclub members still include years.

  Weilai 2021-08-03
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  Weilai announced a new round of financing, issuing 72 million American depositary shares

  Xilai announced that it has completed the transaction of issuing 72 million American depositary shares (ADS) (each ADS represents 1 Class A common share) at US $5.95 per share. The company also allows underwriters to buy up to 10.8 million additional shares of the company's ADS within 30 days. At the same time, Weilai plans to obtain funds from this ADS financing, which is mainly used to provide cash investment to Weilai China and other necessary working capital. The company expects Weilai China to use cash to invest in R & D products, services and technologies, develop production facilities, and expand its supply chain, operations and sales and service networks.

  Weilai 2020-06-16
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  Weilai China headquarters settled in Hefei, and investors contributed 7 billion yuan to account for 24% of the shares.

  On April 29th, Weilai officially announced that the agreement on the project with its headquarters in Hefei was officially signed, with an investment of more than 10 billion yuan. This also means that the previous cooperation between Beijing Yizhuang and Weilai has failed.

  Weilai ES8 Weilai China Lilai Li Bin 2020-04-29
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  Li Bin served as chairman of Weilai (Anhui) holding Co., Ltd., and Weilai China headquarters was settled in Hefei.

  According to media reports, there have been a number of industrial and commercial changes in Weilai (Anhui) Holdings Co., Ltd. the legal representative of the company has been changed to Li Bin, founder of Weilai Automobile, and became chairman, and the company's registered capital has risen to 5.07477 billion yuan. Earlier, Weilai China headquarters officially settled in Hefei, Anhui Province. On April 29, Weilai signed the final agreement of "Weilai China" with strategic investors such as Hefei Construction Investment Holdings (Group) Co., Ltd., China Investment Investment Management Co., Ltd., and Anhui High-tech Industry Investment Co., Ltd. According to the investment agreement, strategic investors will invest 7 billion yuan in Weilai China.

  Weilai 2020-06-07
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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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  Guang Qi Wei to "co-create" the first SUV will start blind booking on October 22nd: why does it look like a zero run?

  Recently, it has been learned from official sources that GAC Weilai's new brand HYCAN has announced that its first SUV concept car will be booked blindly on October 22nd. The so-called blind booking means that without knowing the pricing, the sales method of paying a certain amount of money to buy a car is adopted after the formal announcement of the price. Tesla, Weilai and other new car-building forces have all used the method of "blind booking." It is understood that the first concept of Co-Chuang brand SUV has been officially unveiled in May this year, this car will be mass production in Guangzhou Auto Zhaopin New Energy vehicle Industry Park, and officially released at the end of this year, is expected to be in the first half of 2020.

  Guang Qi Wei Lai 2019-10-19
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  President Weilai: Weilai will not close down, nor can it close down.

  At the scene of the 2023 Guangzhou Auto Show, Qin Lihong, co-founder and president of Weilai, said: "the current market is full of huge opportunities and has put forward higher requirements for every company. in the face of the current market opportunity, we should not only strive to seize it, but also maintain strategic concentration. Weilai will not close down, and it is impossible to close down. Please.

  Brand market car model sales Alps competition company ideal Li Bin China growth huge business 2023-11-18
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  Online rumor Li Shufu spent 300 million yuan to buy shares to both sides to respond to financing rumors: no comment

  Recently, there are media reports that Geely plans to invest US $300 million to buy shares, and pointed out that according to the calculation of the convertible bonds of US $3.07 that has just been carried out in the primary market, Geely will account for less than 10% of the shares of Lulai after this round of investment, and after the shares are diluted by existing shareholders, Geely is expected to become the third largest shareholder of Xilai. In response to the relevant media reports, Yang Xueliang, vice president of Geely Automobile Group, said that he "did not know about this and did not comment on the market rumors". Lulai also said that "no comment will be made, and all financing related issues will be mainly announced." The shortage of funds for cars in Xilai is nothing new.

  Li Shufu Weilai Motor 2020-02-18
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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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  Is the lifetime warranty of Weilai electric car an one-off? Car owner: complain!

  Car owners have complained that the car's lifetime warranty is not guaranteed by the car owner, Weibo verified car blogger "spoon feeding Education victim" quoted a group chat as saying on Dec. 31. According to the video message: in March 2019, the owner Mr. he spent more than 400,000 yuan to buy a Weilai car. At that time, the sales consultant told him: "the car is guaranteed for life, and there is a service charge for the purchase every year, except for vulnerable parts such as tires, brake pads and wiper pads." all the damaged parts can be repaired and replaced free of charge for life, without the need for the owner to pay a share. However, a few days ago, Mr. he had a driving accident and was told during maintenance: "maintenance affects life."

  Weilai 2021-12-31
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  Sales of Xilai car increased sharply for the third month in a row, rising 215.5% in May compared with the same period last year.

  With the gradual recovery of the automobile market, the major auto companies also received good news one after another in May, all of which achieved substantial growth compared with the same period last year. A few days ago, Xilai, a new power car company, also took the lead in releasing the latest sales figures, which surged 215.5% in May compared with the same period last year.

  NextEV 2020-06-05
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  It is exposed that Weilai Automobile will lay off staff! Official response

  On November 2, a picture circulated online showed that Xilai will start layoffs, with the proportion of departments ranging from 10% to 20%. In response to this news, Qin Lihong, co-founder and president of Lai Automobile, responded to the media: "pursuing the continuous improvement of organizational efficiency is the work that Weilai has been carrying out all the time." Each

  Cars employees sales ideal models mobile phones departments Xiaopeng three the highest market growth sales products number of people 2023-11-02
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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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  When Weilai sued to the court, some people "smeared, slandered, maliciously spread rumors and slandered"

  In mid-March this year, Zhihu netizen "Zhi Child", who claimed to be a former employee of Weilai, posted several articles on the platform about Weilai's massive layoffs, fake car sales and chaos in the company. Soon all these articles were deleted, but the related topics were still fermenting online. Nearly two months after the incident, the official Weibo of Xilai officially issued a relevant information notice on May 5: Xilai said that after investigation, it knew that the user "Zhi child" was not a former employee, and that the relevant news released by the account was false. The corresponding mobile phone number is a company, which smears and slanders Yilai in the name of "former employees" on the Internet.

  Sue Wei Lai court 2019-05-05
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  Weilai Automobile statement: lack of factual basis for substantial layoffs and false sales of Weilai

  Recently, netizens on Zhihu platform released a number of articles about the inside story of Weilai, which mentioned the news of massive layoffs, self-directed and self-acting employees buying cars, and employee misconduct, which aroused widespread concern after the article was released. In response to the incident, Xilai officially issued an official statement in response, saying that the news was pure fabrication and that the content of the release was unfounded. The statement said yesterday that rumors of massive layoffs and misconduct by Weilai attracted widespread attention, which Weilai attached great importance to and now explained that the so-called "sales fraud" and "substantial layoffs" were fabricated. By the end of February 2019, a total of 13964 ES... units had been delivered.

  Car Wei Lai 2019-03-22
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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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  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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  Is the Weilai car too black? One day to refute the rumor, facing a huge crisis of public opinion.

  Since the new force of Chinese car-building has been in mass production for more than a year, it has been constantly questioned by the outside world, and it has been faced with a crisis after falling into problems such as large losses, declining delivery volume, product safety risks, public opinion crisis and so on. Weilai, which issued a clarification statement for two consecutive days, once again attracted attention, and even Li Xiang, one of the shareholders, felt that there was a "bad phenomenon". Media sources pointed out that Weilai, which is listed on the New York Stock Exchange in the United States, is planning to return to Kirchuang. IDG, Hillhouse Capital and others are involved in the operation. At the same time, Ulai will close its Silicon Valley office, which has more than 500 employees. In addition, Weilai also carried out a new round of layoffs.

  Car Wei Lai 2019-08-21
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  Can't the car keep people? Two more executives have confirmed their departure

  Huang Chendong, the emergency vice president in charge of the electric power engineering team, will leave, according to media reports. Weilai confirmed the news and said: "We are currently in the transition stage, and thank him very much for his contribution and contribution over the past few years." According to data, Huang Chendong is a Ph.D. in mechanical engineering from the University of Michigan, a former deputy general manager of the New Energy Division of SAIC, and one of the senior executives of Lulai Motor. Huang Chendong joined Weilai Automobile in March 2015 and has been in charge of core businesses such as vehicle development, intelligent driving technology research and development, and electric power engineering. October 2019, Huang Chen.

  NextEV 2020-04-01