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  Hillhouse Capital announces "breakup" with Xilai Motor

  Recently, Hillhouse Capital recently filed with the American Stock Exchange that as of December 31, 2019, Hillhouse Capital will no longer hold shares in Lulai Motor, and the cooperation between the two sides has officially come to an end. According to data, Hillhouse Capital led the investment of US $100 million in the A-round financing of Xilai Automobile in 2015, and then continued to follow in the C-round financing and C + round financing. In September 2018, Xilai listed on the New York Stock Exchange, with Hillhouse holding 7.5% of its shares, making it the third-largest shareholder. On January 30th, 2019, Xilai issued convertible senior bonds with a total value of 650 million US dollars.

  Weilai 2020-02-17
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  Weilai announces second-quarter results: gross profit margin becomes regular for the first time

  On August 11, Xilai officially announced its second-quarter results. The financial report shows that the total operating income in the second quarter was 3.7189 billion yuan, an increase of 146.7% over the same period last year; the net loss of shareholders belonging to listed companies was 1.207 billion yuan, down 63.6% from the same period last year; in addition, as of June 30, 2020, cash and cash equivalents, restricted cash and short-term investment is 11.2 billion yuan. The biggest focus in the financial report is still on the gross profit margin, which is the first time that Lulai has become a regular car. According to the financial report, the gross profit margin of Lulai increased to 8.4% in the second quarter of this year from-33.4% last year, achieving Li Bin's previous target.

  Weilai 2020-08-11
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  Weilai announces second-quarter results! A loss of more than 2.7 billion yuan in the second quarter

  Today, Weilai released its results for the second quarter of 2022. According to the financial report, the total revenue of Weilai in the second quarter was 10.29 billion yuan, an increase of 21.8 percent compared with the second quarter of 2021 and 3.9 percent compared with the first quarter of 2022. Car sales in the second quarter were 9.5708 billion yuan.

  Cars second quarter year growth products prices gross margins models gross margins batteries brands sales costs losses raw materials 2022-09-07
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  Heavy! Weilai announces landing in Norway

  The Xilai car went out to sea! On May 6, Xilai announced its official entry into the Norwegian market, which is the first step for Xilai to enter the overseas market. According to the plan, the medium and large SUV ES8 will be officially delivered in September, and the medium and large car ET7 will officially enter the Norwegian market in 2022. It is understood that it will build a complete operation system composed of cars, services, digitalization and lifestyle in Norway, and build a community with cars as the starting point. At the same time, a direct sales and service network will be established in Norway, and the first Weilai center will open on Karl Johns Avenue, Norway's first commercial and cultural center in Oslo in the third quarter.

  Weilai 2021-05-06
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  Xilai Motor lost more than 3.2 billion in the second quarter and cut 1200 jobs at the end of September to reduce costs.

  On Sept. 24, Xilai announced its second-quarter results. According to the results, the operating income of the future going car in the second quarter was 1.508 billion yuan, higher than the market expectation of 1.309 billion yuan, and the revenue in the same period last year was 46 million yuan. The net loss attributed to shareholders in the second quarter was 3.285 billion yuan, higher than the market expected loss of 2.944 billion yuan, and a loss of 6.11 billion yuan in the same period last year. Earlier, some analysts pointed out that Lulai will lose 2.6 billion yuan in the second quarter, meaning that the cumulative loss of Lulai is about 40 billion yuan, which is equivalent to Tesla's 15-year loss. From the current point of view, the loss of Xilai Motor has reached a point.

  Xilai Motor Announces second quarter results 2019-09-24
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  The three brothers get together again! Weilai announces listing in Hong Kong

  After several twists and turns, Weilai will finally be listed in Hong Kong. On February 28, Ulai issued a notice announcing that it had passed the hearing of the HKEx and obtained the approval in principle of the secondary listing on the main board of the HKEx, and the relevant listing documents had been issued. Weilai uses an introduction to the listing, with Morgan Stanley, Credit Suisse and China International Capital Corporation as co-sponsors and plans to start trading under the ticker symbol "9866" on March 10. Shares listed on the main board of the Stock Exchange will be fully interchangeable with ADS, which is listed on the New York Stock Exchange. At this point, "Wei Xiaoli" three new power car companies once again gathered in Hong Kong. It is worth mentioning that it is different from Xiaopeng and ideal.

  NextEV 2022-02-28
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  Monthly sales of 969 cars! Ford Mustang Mach-E announces price increase

  According to the poster, Ford will increase the price of all Mustang Mach-E models, ranging from 7000 yuan to 22500 yuan depending on the model. However, the exact timing of the price increase is not yet available and is expected to be adjusted between April 20 and 30. In fact, the increase in the price of all Ford Mustang Mach-E models is also to be expected. After entering 2022, due to the global epidemic, spare parts supply, rising prices of raw materials, logistics costs and human resources costs and other reasons, including Tesla, BYD, Xiaopeng Automobile, Xilai Motor,.

  Ford 2022-04-14
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  The performance has greatly increased! BYD announces semi-annual results

  On July 14, BYD issued an announcement showing that in the first half of 2022, BYD's attributable net profit during the reporting period was 2.8 billion to 3.6 billion yuan, an increase of 138.59 percent over the same period last year. Net profit after deducting non-recurring profits and losses was 2.5 billion yuan to 3.3 billion yuan, the same as

  Biya growth sales cars orders net profit net profit targets products markets new energy impact prices companies fuel 2022-07-15
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  Fisker announces capacity reduction！

  Fisker, the US electric carmaker, announced a cut in production and lowered its full-year production

  Design market aspect motor China production electric compact power direction steering wheel is in automobile electric vehicle stock price vehicle roof United States and will 2023-12-04
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  I can't handle it! Polar krypton announces price increase

  On April 2, Polar Krypton issued a price adjustment statement. Polar Krypton said that due to the recent rising prices of upstream raw materials and other factors, the price increase of new energy vehicles has become a common phenomenon in the industry. Polar Krypton will raise the selling price of Polar Krypton 001 at 00:00 on May 1. The price adjustment plan will be announced before April 30. In other words, polar krypton 001 has confirmed the price increase, and there is still a gap of less than a month. As for how much the increase still needs to be officially announced at that time, some netizens think it praiseworthy to announce the price increase information in advance. Some netizens think that it is intended to stimulate consumers to place orders first. The polar krypton car is the Geely flag.

  Polar krypton car 2022-04-02
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  Ticket skipping again! Faraday announces postponement of delivery of FF 91 in the future

  On June 17th, Faraday Future officials said that due to the time constraints of the supplier and the completion time of the company's enhanced security testing of the single unique product function of FF 91 2.0 Futurist Alliance, additional system testing, the delivery of FF 91 Phase II

  Stage Faraday Faraday Doctrine Doctrine Product Company aspect time Automobile profitability Video Co-creation Positioning influence 2023-06-17
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  Keep out the cold! Daimler plans to cut at least 10000 jobs, and BBA announces layoffs

  According to media reports, Daimler officially announced on November 29th that it plans to cut at least 10000 jobs worldwide by the end of 2022, accounting for at least 3.3% of the global workforce. The company hopes to cut costs through layoffs to deal with sluggish sales and boost and increase the investment rate of electric vehicles and self-driving technology. Daimler said in a statement that its management had reached an agreement with the union to take various measures to cut costs and jobs, including expanding part-time retirement and separation plans offered in Germany. Perth, Daimler's head of personnel, said that as of the third quarter, Daimler had a total of employees worldwide.

  Daimler 2019-11-30
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  Freeze recruitment! Another car company announces layoffs

  On may 11th, according to several media reports, Swedish electric carmaker Polaris will cut 10% of its jobs worldwide and has frozen recruitment. At the recent financial meeting, Ji Xing informed employees that layoffs were coming, but did not disclose the exact timing of layoffs and which departments would be affected.

  Car Wall Volvo Global time sales Brand Electric Product New car Model Positioning Company Geely year 2023-05-12
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  Stall! Nissan Airiya announces recall

  A few days ago, Dongfeng Motor Co., Ltd. filed the recall plan with the State Administration of Market Supervision and Administration in accordance with the requirements of the regulations on the Administration of defective Automobile products recall and the measures for the implementation of defective Automobile products recall regulations. From now on, recall products made from August 25, 2022 to May 29, 2023

  Automobile Dongfeng safety power model vehicle inverter management company fault defect Dongfeng automobile product announcement country 2023-10-21
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  BMW announces cost-cutting plans to save $12 billion by 2020

  BMW Group CEO Zipze said management and unions had reached an agreement on cost-cutting measures to "avoid drastic measures". Under the agreement, BMW will slash bonuses and extend the working hours of some employees. The measure will come into effect in 2020. After Audi, BMW announced its cost-saving plan "id=" c7555552f546122b577dd676a5bc2b05_img_36894 "src=" https://www.autochat.com.cn/uploadfile/uedit....

  BMW Mercedes-Benz 2019-11-28
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  BMW announces cancellation of some customer orders, reducing terminal discounts from now on

  BMW announces production reduction and cancellation of some orders, reducing terminal discounts from now on

  Brilliance BMW car production new car discount 2020-02-29
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  Geely announces its 2020 results, and a new brand is coming.

  According to the Federation of passengers, retail sales of domestic passenger cars in 2020 were 19.288 million, down 6.8% from the same period last year, mainly due to the stagnation of domestic car production and sales caused by the epidemic at the beginning of the year, but overall, the performance of the passenger car market in 2020 was slightly better than that in 2019. In this context, the performance of head enterprises better confirms this point. On March 23, Geely released its annual results, showing operating income of 92.1 billion yuan in 2020, down 5% from the same period last year, and net profit of 5.57 billion yuan, down 33% from the same period last year. In terms of sales, Geely accumulated sales in 2020.

  Geely 2021-03-23
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  Tesla China announces price increase!

  Tesla officially announced on May 8 that the domestic standard battery life upgrade version of Model 3 has increased by 1000 yuan, the current price is 250900 yuan, and the delivery period is 2-4 weeks. The price of the high-performance version of the Model 3 Performance remains unchanged at 339900 yuan. It is worth mentioning that just yesterday, Tesla in the United States also announced a price increase, raising the price of the standard upgrade version of Model 3, the long-lasting version and the long-lasting version of Model Y by $500 (about RMB 3215). According to statistics, this is the fourth time that Tesla has been right in the United States in the past two months.

  Tesla 2021-05-08
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  An increase of 92.1%! Chery announces September sales

  On October 8, Chery Holdings Group (hereinafter referred to as Chery Holdings) released the latest sales figures. Data show that Chery Group sold 145380 vehicles in September, up 92.1% from a year earlier, setting a new monthly record for three months in a row. In addition, the cumulative sales of Chery Group in the first three quarters of 2022 are

  Chery sales cars growth models brands prices iRui new cars targets groups ranges data products brand new 2022-10-09
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  Independent brands account for more than half! Changan Automobile Announces sales in 2021

  Changan Automobile

  Changan Automobile 2022-01-10