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  BYD received a subsidy of 3.458 billion yuan for new energy vehicles, and adequate cash flow will help reduce the debt burden.

  On May 22nd, BYD announced that its holding subsidiary BYD Automotive Industry Co., Ltd. had received a national new energy vehicle promotion subsidy of about 3.458 billion yuan from Shenzhen Pingshan District Finance Bureau, of which the new energy vehicle subsidy settlement and supplementary settlement fund was about 3.126 billion yuan in 2016 and 332 million yuan in 2017. BYD said that the receipt of the national new energy vehicle promotion subsidy will increase the group's capital flow, reduce interest payments, reduce financial expenses, and have a positive impact on the group's assets and debts. The first quarter of 2019.

  BYD 2019-05-23
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  Ren Zhengfei: the automobile business shrinks, taking survival as the main program

  On the afternoon of June 22, Ren Zhengfei shared an article entitled "the whole company's business policy should shift from the pursuit of scale to the pursuit of profit and cash flow" in Huawei's internal forum. Ren Zhengfei mentioned in the article that with the decline of global consumption power, Huawei should change its thinking and business policy from the pursuit of scale to the pursuit of profit.

  Huawei Business Automobile profit Revenue Global Smart Cash Cash flow people RMB crisis Market Terminal capacity 2022-08-24
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  CCTV: car companies drag money to make Bick battery fall into "serial debt" Bick battery: cash flow is tight

  According to data, the installed capacity of power batteries from January to October this year was 46.28GWh, an increase of 33.2% over the same period last year. Among them, Bick battery ranks among the top 10 in the domestic power battery list with the installed capacity of 557MWh. However, even the current situation of the power battery company is hardly optimistic, and a number of companies have sought debt from Bic Battery. On November 6, Rongbai Technology announced that the overdue accounts of Bick Power exceeded 206 million yuan, which may not be recoverable. On November 7, Dangsheng Technology announced that the balance of accounts receivable in Shenzhen Bic and Zhengzhou Bic totaled 378 million yuan, which could not be recovered.

  Bick Battery Huatai Automobile Zhongtai Automobile 2019-11-14
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  Come back strong! A car company has lost 447 million yuan this year.

  Recently, Zhongtai Motor released its third quarter results of this year. According to the data, Zhongtai Motor's operating income in the third quarter was 161 million yuan, down 14.46% from the same period last year. In the first three quarters of this year, Zhongtai Motor's cumulative revenue was 532 million yuan, an increase of 9.45% over the same period last year, with a net profit loss of 1.6% in the third quarter.

  Cars markets cash sales companies overseas editions cash flow models investments activities losses net official year ago data 2023-10-31
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  Revenue and profit fell both, Tesla sold bitcoin on sale to ease cash flow

  According to media reports, the production line transformation plan launched by Tesla's Shanghai factory in July is nearing completion. Among them, the second phase of the production line responsible for the production of Model Y was completed on July 16, and the first phase of the production line for the production of Model 3 began on July 17 and is expected to be completed on August 7.

  Tex Tesla Factory Shanghai production Global time Transformation China growth Electric second quarter production Automotive Electric car 2022-07-23
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  The cash flow of a new force in car building can only last until the second quarter of next year.

  On May 8th, Lucid, the new force of American car building, announced its results for the first quarter of 2023. According to the financial report, the revenue in the first quarter was 149.4 million US dollars. Although the revenue in the first quarter increased compared with the same period last year, it was lower than the earlier market expectation of 197.8 million US dollars.

  Market Tesse Tesla China model power capital loss company vice president cost income car sales USA 2023-05-10
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  Tesla delivered 95356 units in the second quarter of 2019, with a net loss of $408 million.

  Tesla released its results for the second quarter of 2019 on July 25, with record delivery data and improved losses. According to the financial report, Tesla realized revenue of $6.35 billion in the second quarter, up from $4 billion in the same period last year, and realized a net loss of $408 million (about RMB 2.8 billion). Compared with the same period last year, the loss was $718 million in the same period last year. the loss in the first quarter was $702 million. Tesla also said that as a result of this growth and operational improvement, it generated a free cash flow of $614 million in the second quarter (operating cash flow minus capital expenditure.

  Tesla loss 2019 delivery 2019-07-25
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  The worst performance in 8 years! Mazda halved its profit in fiscal year 2019

  On May 14, Mazda released its fiscal year 2019 results report (April 1, 2019-March 31, 2020). According to the report, Mazda achieved revenue of 3.4303 trillion yen, down 4 per cent from a year earlier, while realized profit was 43.6 billion yen, down 47 per cent from a year earlier. In terms of cash flow, as of March 31, Mazda's cash flow was-92.7 billion yen. The last fiscal year was Mazda's lowest profit in nearly eight years, nearly halving from the previous year. As for the reasons for the decline in revenue and profits, Mazda said it was mainly due to the low demand in the automobile market caused by the spread of the COVID-19 epidemic. For 2020 dollars.

  Mazda 2020-05-15
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  It is also exposed that there are many cases of non-delivery of cars in breach of contract, and it is difficult for Zhengtong Automobile Dealer Group to have cash flow.

  Zhengtong Automobile Group, a giant of Chinese car dealers and one of the core dealers of luxury brands, is facing financial difficulties. Many of its dealers have been repeatedly exposed that it is difficult to pick up cars, but consumers are unable to pay for cars. Procrastinate again and again. This time, it was revealed that there was a problem with China Auto South, which is owned by Zhengtong Automobile. According to recent media reports, Mr. Wang spent 320000 yuan on June 13 to buy a Jaguar XFL2.0 in Haikou "Hainan China Automobile South Automobile sales and Service Co., Ltd.". After signing the purchase contract, the 4S store promised that the final delivery time would be July 28, but Mr. Wang did not.

  Car dealership 4S store 2020-07-30
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  The debt is insolvent! Evergrande suffered a huge loss of 84 billion yuan in two years.

  Evergrande's report card has finally been made public! On the evening of July 26, Evergrande issued three consecutive performance reports, including the results for the year ended December 31, 2021, the results for the year ended June 30, 2022, and the results for the year ended December 31, 2022. The report shows

  Cars Evergrande losses products groups performance models liabilities Operations success Business Company Annual Cash Cash flow 2023-07-27
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  Overseas production and sales basically stagnated, Volkswagen decided to withdraw its 2020 performance target

  Volkswagen Group said in an announcement on Thursday that the continued pandemic of novel coronavirus had a significant impact on the group's business, with the car sales network almost stagnant, customer demand falling sharply and supply cuts in the parts supply chain. As the trend of the epidemic is still uncertain, combined with falling profits, lower revenue, reduced cash flow and other factors, Volkswagen believes that 2020 expectations can no longer be achieved, and decided to withdraw its previously released 2020 outlook. Volkswagen Group CEO Dis said in the 2019 results report that "Volkswagen Group delivery volume in 2020 will be the same as 2019, sales revenue will."

  The public 2020-04-17
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  Rivian has a market capitalization of more than 100 billion US dollars, Musk: mass production first

  Rivian Automotive, an American electric car company, listed on Nasdaq at $78 a share on Nov. 10, up 53% on its first day. In intraday trading, the market capitalization of Rivian exceeded US $100 billion and raised more than US $12 billion. As of the 11th close, Rivian was trading at US $122.9 per share, up 22.10%, with a market capitalization of US $106 billion. It is worth noting that in response to the market capitalization of Rivian exceeding $100 billion, Tesla Musk commented on the social platform: "I hope Rivian can achieve mass production and."

  Rivian goes public 2021-11-12
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  Renault Moscow plant stopped production

  On March 23, French carmaker Renault announced a suspension of all activities at its Russian plant in Moscow, while Renault said in a statement that it had lowered its 2022 performance forecast. Renault expects an operating profit margin of about 3% in 2022. Previously forecast to be more than 4%; this year's car business will achieve positive free cash flow, which had been expected to exceed 1 billion euros ($1.1 billion) of free cash flow. Renault also said it was evaluating the options for its Russian joint venture, Avtovaz, and would be accountable to 45000 Russian employees. In the statement, Renault Group.

  Renault France 2022-03-25
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  Every minute is burning money, Tesla is looking for refinancing

  Tesla said on April 29 local time that he was looking for other sources of financing and that the cash flow at this stage was sufficient to cope with investment and debt repayment in the coming year. Although the company has been plagued by self-driving and fire scandals, the newly listed model3 has been welcomed by the market. Foreign media reported that Tesla said on Monday that he was seeking financing from other channels. Tesla's share price rose 1.8% to $239.42 on the news. according to the securities industry, Tesla needs to raise more funds for his expansion and start-up funds for the port factory in Shanghai.

  Tesla financing 2019-04-30
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  GAC Fiat Chrysler car sales plummeted with a loan of 1 billion yuan.

  GAC Fick, whose sales continued to decline, borrowed 1 billion yuan to replenish its cash flow. GAC GROUP issued an announcement agreeing to provide a 500 million yuan entrusted loan to Guangzhou Auto Fick Automobile Co., Ltd., a joint venture company, through its subsidiary Guangzhou Automobile Group Finance Co., Ltd., with a term of one year, and the interest rate is the one-year LPR rate announced by the people's Bank of China on the lending date. According to the share ratio of the shareholders of both sides to provide loans, GAC Fick can receive a total of 1 billion yuan in loan funds. GAC insiders said that the funds were used to supplement the cash flow of GAC Fick's daily production and operation. Sales of Guangzhou Auto Fick, which is in decline in China, fell below 100000 last year. Root.

  Guangzhou Auto Fick 2020-03-25
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  China Evergrande: sales are expected to continue to fall sharply in September

  Today, according to an announcement by China Evergrande on the Hong Kong Stock Exchange, sales are expected to continue to decline significantly in September, resulting in the continued deterioration of the Group's sales rebates, further exerting tremendous pressure on cash flow and liquidity. At the same time, China Evergrande also said that other measures taken to alleviate liquidity problems have not achieved the desired results, and the group is actively contacting a number of potential investors to discuss the sale of some stakes in Evergrande Motor and Evergrande property, as well as the introduction of new investors. According to the announcement: from June to August 2021, the contract sales of Evergrande property in China were 71.63 billion yuan, 43.78 billion yuan and 38.08 billion yuan respectively, showing a downward trend.

  Evergrande 2021-09-14
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  The former vice president of Evergrande was expelled from the party!

  On April 4, Jiang Liming, former director of the supervision department of rural small and medium-sized financial institutions of the China Banking Regulatory Commission, was expelled from the party on suspicion of serious violations of discipline and the law, according to the discipline inspection and supervision team of the Central Commission for discipline Inspection in China and the Heilongjiang Provincial discipline Inspection Commission. After investigation, Jiang Liming seriously violated political discipline

  China Evergrande Liming Cash Bank Group Supervision Management member Finance Company Committee Institution Supervision and Management Banking 2023-04-04
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  Jaguar Land Rover loaned 5 billion yuan in China

  In response to the impact of the COVID-19 epidemic and replenishing cash flow, Jaguar Land Rover announced that it had reached a guaranteed loan agreement of 5 billion yuan with Chinese lenders, the first debt financing for Jaguar Land Rover in China.

  Jaguar Land Rover 2020-06-06
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  Morgan Stanley predicts that Tesla's shares will fall as low as $10, equivalent to a 95% plunge.

  Since Tesla's "spontaneous combustion" and "self-driving out of control caused a car accident" and other incidents, the stock price has not performed very well in the market since this year. After months of decline, Tesla's share price has reached a two-year low, and its market capitalization has lost nearly half of its value compared with August last year, but this is not the worst-case scenario. According to foreign media reports, Adam Adam Jonas, an analyst at Morgan Stanley, cut his pessimistic forecast for Tesla's share price from $97 to $10 in a report released yesterday. The worst-case scenario means that the stock is 205 per share higher than on Monday.

  Tesla 2019-05-22
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  Delay delivery again! Faraday made a net loss of more than $100 million in the third quarter.

  Faraday said in a regulatory announcement last night that the delivery time of FF91 cars has not yet been determined and is not expected to be in 2022, according to the Financial Associated Press today. Additional funds are needed after 2022 to support FF91 production in order to break even cash flow.

  Faraday Faraday Company loss time Cash Capital car Chinese watch Market Electric Operation announcement year News 2022-11-22