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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 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.
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.
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.
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.
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.
Today, Xilai officially announced that the latest quarterly results will be released before the US stock market opens on December 30, 2019 (the evening of December 30, Beijing time), the third quarter of 2019 will be released, and a conference call will be held immediately.
The three major domestic car brands Xiaopeng Automobile, ideal Automobile and Ulay Motor announced their third-quarter financial data, which is also the first financial report since Xiaopeng Automobile and ideal Automobile went public. On November 17, Xilai released its third-quarter financial report, showing that the total operating income during the reporting period was 4.526 billion yuan, an increase of 146.4% over the same period last year. The net loss of shareholders belonging to listed companies was 1.188 billion yuan, down 53.5% from the same period last year. The gross profit margin in the third quarter was 12.9%, compared with-12.1% in the same period last year. At present, three models of ES8, ES6 and EC6 have been launched, and the overall sales volume continues to rise. Third.
For the New North Speedway, there has always been a secret contest between the car factory. The automakers have been here all the time in order to compete for a kind of title. Despite New North's risk factor, the Formula one race withdrew from the venue in the 1970s. But it is still a touchstone for manufacturers and teams. On June 3, Volkswagen came to New North with his family's IDR electric car. Roman Dumas, the champion of the four-time Newnorth 24 hour race, drove the silent beast with a time of 6 minutes 05.336 seconds, making it the fastest pure electric car on the New North track, retiring the EP9 from the altar. For big.
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."
According to domestic media reports, ES6, the first mass production version of ES6 for customer delivery, is officially off-line at the advanced manufacturing base in Hefei, Anhui Province. According to the plan previously announced by Weilai, the first commemorative edition with a limited edition of 6000 will be delivered in batch next month. It is understood that ES6 is the second mass production SUV released by Ulai, which is divided into benchmark version and performance version. In last year's NIO Day, the company announced the ES6 subsidy.
It seems that not long after the incident of layoffs, it has been reported by foreign media that Weilai Motor has just implemented another layoff for American employees this year. The change will fire 62 employees at the company's Silicon Valley office in San Jose, California, according to a document from the California Department of Employment Development. According to JoAnn Yamani, head of North American public relations at Weilai, this round of layoffs is part of the company's "optimization efforts", but will involve various departments. At present, Xilai's business in the United States is mainly focused on R & D and engineering. This layoff has been carried out in the United States this year.
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.
At the NIO DAY 2022 media conference, Li Bin, founder of Lulai Motor, once again responded to the theft and extortion of user data. Li Bin said: firmly do not compromise with criminals, do not make a precedent for compensation, even if the company goes bankrupt, it will not compromise. Li Bin said the company had reported the case. "
A steady stream of news and rumors will again and again be pushed into the public opinion of the new forces. A few days ago, Qin Lihong, co-founder and president of Weilai, once again clarified and explained various rumors. In addition, it is also mentioned that the ET sedan will be postponed to 2022, and the delivery of the third SUV model will be postponed to the third quarter of next year. In the first half of this year, Weilai has experienced local layoffs. Its executives have publicly said that the company has nearly 10,000 employees and needs to constantly optimize its internal organization and improve efficiency. At the end of June, there were rumors that Weilai would control the number of employees and continue to cut staff by 3%. News of layoffs continues to spread, and officials in Xilai continue to refute the rumors. Until August.
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.
With the rapid development, there are many hidden dangers behind it. According to foreign media reports, the company has laid off 70 employees in two offices in California, including the company's headquarters in North America. According to a spokesman for the California Department of Employment Development, Weilai fired 20 employees in the North American headquarters office in San Jose and 50 employees in the San Francisco office, which is currently closed. Weilai submitted its notice on April 9 and will enter into force on June 8. Weilai did not comment on the news. Weilai, which was founded in November 2014, was founded in 2.
Affected by COVID-19 's epidemic situation, major "anti-epidemic" equipment such as face masks, protective clothing and disinfection products around the world are still the most scarce materials at present. In order to increase material production in this field, many car companies have crossed the border one after another.
Weilai is one of the earliest car companies to change power stations in China, which makes up for the problem of long charging time by changing electricity quickly, which is known as "faster than refueling". However, recently, some users have reported that the change of power station in Weilai is not very reliable. Hu Yadong, senior operations manager of Sina Weibo, said on Weibo that his Lulai ES8 could not leave after a power change, and this time he encountered a power replacement problem in the front car, resulting in longer queues. Hu Yadong said, "unfortunately at this time in the middle of the night, the car in front of the queue has broken down. It has changed two pieces in a row, but it still can't go away. The number of people waiting in line for power change has increased from two cars to six." He also revealed that his Weilai ES8 had earlier.
According to media reports, a Lulai ET7 test car rushed out of the third floor of the parking lot and fell at the global headquarters in Jiading District, Shanghai. From the scene scene, a full-car package camouflage ET7 four wheels overturned on the road, the roof is seriously damaged, the ground is also scattered with all kinds of cement fragments, the scene is very miserable
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
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