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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 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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  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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  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 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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  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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  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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  Raise prices across the board! Two new SUV models released by Weilai

  On the evening of December 24th, Xilai unveiled two new models on NIO Day 2022, one for the new generation of Xilai ES8, which is based on the NT2.0 platform, and the other is the Xilai EC7 positioning sedan SUV. It is understood that this is the first time that Weilai has released it on NIO Day.

  New car aspect brand model design brand market battery system platform scheme price consistency power seat 2022-12-25
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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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  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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  Li Bin: this is the only way for Weilai to go. The whole company is actively raising funds.

  On the evening of December 28th, Weilai held its annual NIO Day conference, and the new ES8 and EC6 sedan SUV were released, which began delivery in April and September 2020, respectively. At the same time, the price of the 100kwh battery pack was announced, which increased the NEDC mileage of ES8 to 580km to exceed 600km. In response to the current problems and development of Weilai, Chairman Li Bin made a response. When talking about why he chose the high-end automobile field, Li Bin said, "in a market of more than 100,000 yuan, many Chinese brands have done very well, and there is no shortage of us, high in the mainstream."

  Wei Lai Li Bin 2019-12-29
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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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  "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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  Finally started to put into production! The ET7, the first car of Weilai, is offline.

  The third model, which was originally planned to follow the ES8 and ES6, was officially announced in early 2019 that it would be the first car under the brand, but it was delayed again and again for various reasons, finally making its debut this year and expected to be delivered in the first quarter of 2022.

  Weilai 2021-04-03
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  Two senior executives left their jobs, and Zhuang Lishi was squeezed out because of poor software development.

  According to foreign media, the new force of Chinese car-making, Xilai Motor, has lost two senior executives. Zhuang Li, vice president of software development for Lulai, and Angelika Sodian, managing director for the UK, have both left. A spokesman for Weilai also confirmed the departure of the two and said that the handover had been fully completed. It is understood that at present, Weilai has made internal adjustments to the software opening team. according to people familiar with the matter, after Zhuang Li left, the software teams in Beijing and Shanghai have been taken apart and reported their work to different responsible persons. Among them, the Shanghai software team has developed to the Weilai enterprise.

  To leave one's job. 2019-07-02
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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
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  Weilai Vice President "release his hands" to show the function of NIO Pilot, but was condemned!

  According to relevant media, Dr. Shen Fei, vice president of Lulai Automobile, posted a short video on the social platform, personally demonstrating how to drive with both hands off the steering wheel while turning on the NIO Pilot function. However, it was condemned by the majority of netizens. Shen Fei has deleted the Weibo a few days ago. "NIO Pilot is becoming more and more addictive," his caption wrote. "the meeting ends at 01:30 and leaves, with the help of autopilot, safely eating while driving." Judging from the released video, the video is only 7 seconds long. Shen Fei is driving a Xilai ES8 that turns on the NIO Pilot function, which is 100.

  Weilai 2019-08-30
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  Will Weilai split the NIO Power power-up business and seek 1 billion yuan of financing to ease the financial pressure?

  Today, the media reported that four-year-old Xilai will spin off its energy supply service NIO Power and seek a billion dollars in financing for this. In response to the report, Xilai Motor responded with "no comment". According to reports, Xilai is about to spin off its energy supply service NIO Power, seeking to complete independent financing in Q4 this year, with a scale of about billions of yuan. The project, led by Li Bin, founder, chairman and CEO of Lulai, as well as Qin Lihong, president of Lulai, and Shen Fei, vice president of power management of Lulai, may be launched as an independent APP in the next 2 months. Meanwhile, NIO Power...

  2019-07-16
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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