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  Selling cars doesn't make money! Weilai lost 800 million yuan in the third quarter.

  On November 10, the company released its third-quarter results, showing that its total revenue in the third quarter was 9.8053 billion yuan, up 116.6% from the same period last year. The net loss was 835.3 million yuan, a decrease of 20.2% compared with the same period last year and an increase of 42.3% compared with the previous quarter. The net loss belonging to the company's common shareholders was 2.8589 billion yuan, an increase of 140.7% compared with the same period last year. In terms of delivery volume, Xilai delivered a total of 24439 new cars in the third quarter, an increase of 100.2% over the same period last year and 11.6% month-on-month growth, including ES8 delivery.

  Weilai 2021-11-10
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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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  Wei Lai cancels the self-built factory! Weilai confirmed that the Shanghai Jiading project has been cancelled and the products continue to be produced by Jianghuai OEM.

  The new car-building force Lai Automobile released the latest financial report and confirmed the plan to cancel the self-built plant in Jiading, and the new products will continue to be manufactured by Jianghuai Automobile. According to the Weilai financial report, the total income in 2018 was 4.9512 billion yuan and the net loss was 9.639 billion yuan. In terms of sales volume, Xilai delivered a total of 11348 ES8 vehicles throughout the year. In view of the situation of persistent losses, Li Bin once took Tesla as an example, saying that Tesla had lost money for more than a decade. Li Bin also said that many people asked Weilai how much money he lost, and he wanted people to pay more attention to the amount of R & D investment. He said that the auto industry investment cycle.

  Factory Weilai 2019-03-06
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  Weilai lost 5 billion US dollars in 4 years, which is equivalent to Tesla's 15-year cumulative loss.

  According to foreign media statistics, NIO, which is known as "Tesla of China", has been established for four years since 2015. However, over the past four years, the loss of Lulai has reached Tesla's cumulative loss of 15 years, about 5 billion US dollars. After 4 years of development, there is not only no "hematopoietic function", but the loss is still continuing. Some analysts believe that Xilai will lose another 2.6 billion yuan ($369 million) in the second quarter, or about $4 million a day, bringing the company's cumulative loss since its inception in 2014 to about $5.7 billion. According to Weilai Automobile.

  Xilai Automobile loss 5 billion US dollars Tesla 2019-09-23
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  cheerless! Xilai Motor lost 3.28 billion yuan in the second quarter and laid off 1200 jobs by the end of September.

  After the news of a loss of 40 billion yuan over the past four years, the company officially announced its results for the second quarter of 2019. According to the report, the revenue of Lulai Motor in the second quarter was 1.508 billion yuan, higher than the market expectation of 1.309 billion yuan. The net loss attributed to shareholders in the second quarter 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, of which the net loss in the first quarter reached 2.6236 billion yuan. Weilai began to deliver its first production car, ES8, in mid-2018, when.

  Weilai lost money and Weilai reported its results. 2019-09-24
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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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  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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  Li Bin lost 580 million yuan in the second quarter: it will be cheaper than Tesla.

  On August 12, Xilai announced its latest quarterly results and held a telephone communication meeting. According to official data, revenue from Weilai reached 8.448 billion yuan in the second quarter, an increase of 127.2% over the same period last year and 5.8% from the previous quarter. The net loss was 587 million yuan, down 50.1% from the same period last year and an increase of 30.2% from the previous month. According to the financial report, the gross profit margin of Weilai vehicles was 20.3% in the second quarter of 2021, compared with 9.7% in the second quarter of 2020 and 21.2% in the first quarter of 2021. Xilai explained that compared with the second quarter of 2020, the increase in vehicle gross profit margin is mainly due to vehicles.

  Weilai 2021-08-12
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  Weilai sued the Mavericks that the car won and lost 600000! Weilai Vice President: the sentence is too light!

  On November 6, the Ministry of Justice of Weilai announced on Weibo that the court had recently ruled that Gu Yubo, the holder of the Douyin account "Mavericks saying car", had infringed on the reputation right of Weilai by deliberately distorting and fabricating facts, requiring him to post it on the Douyin account "Mavericks saying car" for 90 consecutive days.

  Mavericks users video legal legal tort account legal fact people reputation reputation malice rights and interests words 2023-11-06
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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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  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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  Li Bin: it's not that Weilai doesn't sell well, but it just doesn't produce so much.

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  Weilai 2019-12-07
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  Li wants to refute the rumor that the ideal car "spends money on marketing".

  In view of the hot topic of "marketing expenses of automobile enterprises" discussed on the Internet, some people think: "among the new energy car enterprises, the ideal car is the one that spends the most money on marketing." In this regard, ideal Automobile founder, Chairman and CEO Li wants to post a number of clarifications on his personal social account. Li Xiang said: "our brand market expense rate is 0."

  Expenses car marketing brand loss market ideal sales expense rate brand marketing management expenses Xiaopeng not for promotion management 2023-05-04
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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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  Weilai lost another 4 billion!

  On March 25, Xilai released its 2021 results. According to the financial report, the total revenue of Lulai Automobile in 2021 was 36.1364 billion yuan, an increase of 122.3 percent over the same period last year, of which car sales were 33.1697 billion yuan, an increase of 118.5 percent over the same period last year. The net loss of Weilai in 2021 was 4.0169 billion yuan, down 24.3% from the same period last year. In 2021, the net loss of ordinary shareholders belonging to Weilai was 10.5723 billion yuan, an increase of 88.4% over the same period last year. In addition, the gross profit in 2021 is 6.8214 billion yuan, the gross profit margin is 18.9%, and the gross profit margin for cars is 20.1%. Of the new power car company.

  Weilai 2022-03-25
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  Lailai increased 116.8% month-on-month in March, but the more it sold, the more it lost.

  In the face of the fact that the entire car market failed to achieve a better-than-expected recovery in March, there is no doubt that Xilai Motor has returned to the state it was at the beginning of the year. Compared with the normal month-on-month sales growth of most car companies in February, Xilai recorded a month-on-month increase of 116.8% in March, which is undoubtedly better than most car companies.

  Weilai 2020-04-08
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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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  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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  Li Bin: there is no gambling behavior in Hefei investment.

  Recently, when participating in the CCTV "Dialogue" program, Li Bin, CEO of Xilai Automobile, refuted the rumors that recently circulated on the Internet about gambling between Weilai and Hefei, saying: it is true that the industrial guidance funds of Anhui and Hefei have invested in Lulai in 2020, which is very important to Yulai. But Weilai is also in 2.

  Hefei cars models investments losses products new cars funds Li Bin industry net profit net profit funds data aspects 2022-07-11
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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