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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.
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.
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.
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.
It can be said that earth-shaking changes have taken place in 2019 compared with that in 2020. When Weilai suffered huge losses in 2019, founder Li Bin was named "the worst person in 2019", and netizens once commented "as early as this year and as late as next year". However, after entering 2020, even under the epidemic and market competition, Weilai's sales and stock prices continued to grow, handing over a completely different answer. Looking back in 2019, the company was in a financial emergency, and its share price plummeted under the influence of negative news such as product spontaneous combustion, layoffs and executive departures. In 2019, 10.
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.
According to Qixinbao, shareholders of Hechuang Automotive Technology Co., Ltd. (hereinafter referred to as "Hechuang Automobile") have changed. Shanghai Ulai Automobile Co., Ltd. withdrew from the list of shareholders of the company, with 4.5% of its shares before withdrawal. At this point, the cooperation between Weilai Motor and GAC GROUP ends here. According to the data, the predecessor of Co-Chuang Automobile is
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.
Today, an article entitled "Weilai Li Bin, the worst person in 2019" has been widely retweeted on the Internet, describing Li Bin's process from dream-seeking to dream-making. It can be said that Li Bin had a car dream from the very beginning and created a car-changing network that "taught people how to buy a car", but this did not completely satisfy him, so he began to build his own car. After many years, not only with the help of many friends, but also under the subsidy policy of the state, Li Bin can be said to have gathered together the time, place and people to create a new energy vehicle brand-Weilai. However, in less than three years, Internet car-building has become a feather, and it is hard to escape as a new power.
In September this year, the overall performance of new energy is not outstanding, has been three consecutive months of year-on-year decline, the same month-on-month decline. In this case, even though the proportion of new power cars in the entire domestic new energy market is small, it is better than the overall market performance in September. In the previously released list of new energy vehicle sales in September, the new power model of the Lai ES6 once again appeared in the top 10 list. In the cumulative sales in September, Weilai ranked first with a total of 1972, followed by Xiaopeng with 1483 and Weimar with only 1331. To be able to take the crown this month.
After a rare seven consecutive falls in the stock price of Xilai, it finally rebounded and surged by more than 20% to close at $159. As the head of the new car-building power in China, Weilai Automobile has attracted much attention. The u.s. stock market closed down sharply on Wednesday, with the Dow down nearly 500 points, while Chinese stocks were mixed, with Weilai rising 20.45% against the trend. As audience analysts were bearish, Robin Zhu, an analyst at investment firm Bernstein, took the lead in cutting the target price of Lulai by nearly 50% to 90 cents. And the second-quarter results released by Ulai show that 2019.
The company reported a net loss of 9.639 billion yuan on a total revenue of 4.9512 billion yuan in 2018, which widened on March 6. In terms of sales volume, Xilai delivered a total of 11348 ES8 vehicles throughout the year. At the same time, Xilai announced that it had cancelled the plan to build its own factory in Jiading, Shanghai, signed in 2017, and that the products would continue to be manufactured by Jianghuai Automobile. After Weilai released its 2018 results, its share price plummeted, falling by more than 20% at one point. However, the house missed a lot of rain, and Ulai was also met by law firms in the United States.
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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.
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.
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.
During the announcement of second-quarter results, Weilai suddenly cancelled its earnings conference call. On that day, Weilai's shares fell sharply, hitting a record low of $1.97. U.S. stocks closed at 5 a.m. on Sept. 26, and Weilai shares closed at $2.05. On September 25, Xilai announced that it would hold a second-quarter earnings conference at 20:00 Beijing time. Weilai management responded to external news and problems, including losses, layoffs, future development plans, and so on. Weilai second quarter financial report shows that the revenue is 1.508 billion yuan, higher than the market expectation of 1.309 billion yuan; the second quarter belongs to shareholders.
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.
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
A term about the response of Xilai car to being shorted by a grizzly bear went viral on Weibo today. It is understood that a report released yesterday by Grizzly Research, a US short seller, pointed out that Xilai Automobile achieved this by exaggerating its income and net profit margin by means of accounting.
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
Nilai also wants to make a range-extending car? No official response
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