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  Reduce cost and increase efficiency! Xiaopeng Motor sets up a new financial platform

  On December 27, according to a news release from the Media Power Plant of the Interface Financial Associated Press, Xiaopeng Motor continued to adjust its organizational structure, set up a new financial platform to recover the financial rights of each center, and strictly controlled costs. It is understood that the financial and economic platform includes the Finance BP Department, the platform Finance Department, the Integrated Finance Group, the tax Management Group, the Fund Management Group and the Special Finance Group.

  Xiaopeng Automobile Adjustment cost platform Finance Department structure organizational structure personnel employee Media year efficiency month 2022-12-28
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  China continues to suspend tariffs on cars and parts originating in the United States, according to the Ministry of Finance.

  According to the website of the Ministry of Finance, the tariff Commission of the State Council has decided to continue to suspend tariffs on cars and parts originating in the United States, which means that US-made cars are still imported into China at a tariff of 15%. On December 14, 2018, the heads of state of China and the United States reached a consensus on economic and trade issues. China decided to suspend tariffs on cars and parts originating in the United States for three months starting from January 1, 2019. The announcement is about to expire and China has decided to extend its moratorium on tariffs. Before this time, China countered US trade protectionism and decided to add to cars and spare parts originating in the United States.

  2019-03-31
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  The review of the loan is not due diligence! Dongfeng Automobile Finance was fined 300000, and 7 people were warned.

  Dongfeng Automobile Finance Co., Ltd. is a non-bank financial institution belonging to Dongfeng Automobile Group. The company provides all-round full-value chain financial services such as settlement and financing for members of Dongfeng Automobile Group. Recently, Dongfeng Motor Finance was fined and warned. Dongfeng Automobile Finance Co., Ltd. was fined 300000 yuan and seven people were warned that Dongfeng Automobile Finance Co., Ltd. was fined 300000 yuan and seven people were warned for failing to perform their duties and granting loans to unqualified borrowers, according to a notice on the website of the Banking and Insurance Regulatory Commission. Data show that Dongfeng Automobile Finance Co., Ltd. was established on July 30, 1992, registered in Wuhan Economic and technological Development Zone, Wuhan, Hubei Province, No. 10 Dongfeng Avenue, legal representative.

  Dongfeng automobile 2020-10-22
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  FAW-Volkswagen plans to reduce production by 30% in the second quarter, and 29 models such as Audi A6L will be affected.

  The shortage of chips continues to increase, and many car companies have announced to stop or reduce production because of the lack of supply of chips. this problem has affected domestic automakers. FAW-Volkswagen originally planned to produce about 610000 cars in the second quarter of this year, but due to a shortage of chips, it is expected to produce only 400000 vehicles in the second quarter, a 30 per cent reduction, according to China Finance and Economics. China Finance and Economics quoted FAW-Volkswagen insiders as saying, "according to the information given by the German headquarters CKD department and suppliers, major MQB models in April and May are facing suspension of production, including Volkswagen and Audi brands." The internal strategy is to give priority to Audi from the chip.

  be listed 2021-05-25
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  Details of the fourth batch of subsidies for new energy vehicles to be allocated by Beijing in 2019

  The Beijing Municipal Bureau of economy and Information Technology issued a public announcement on the financial subsidy funds for the fourth batch of new energy vehicles. A total of 748 new energy vehicles involving seven enterprises will be allocated 34.4142 million yuan. Among them, passenger car companies include Chery, BAIC, SAIC and Jianghuai. BAIC accounted for most of the subsidy funds, reaching 25.633 million yuan. It is understood that this publicity is in accordance with the Beijing Municipal notice on the Adjustment of relevant policies on the demonstration and Application of New Energy minibuses in Beijing (Jing Kefa No. 1 (2017) No. 25), and the detailed rules for the Management of Financial subsidy funds for Beijing demonstration and Application of New Energy minibuses (revised).

  Automobile Beijing New Energy New Energy vehicle 2019 2019-06-15
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  Weilai announced a new round of financing, issuing 72 million American depositary shares

  Xilai announced that it has completed the transaction of issuing 72 million American depositary shares (ADS) (each ADS represents 1 Class A common share) at US $5.95 per share. The company also allows underwriters to buy up to 10.8 million additional shares of the company's ADS within 30 days. At the same time, Weilai plans to obtain funds from this ADS financing, which is mainly used to provide cash investment to Weilai China and other necessary working capital. The company expects Weilai China to use cash to invest in R & D products, services and technologies, develop production facilities, and expand its supply chain, operations and sales and service networks.

  Weilai 2020-06-16
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  Debt of nearly 1 billion yuan, Tianjin Boxun bankruptcy liquidation countdown ​?

  A sudden "delay message for recruiting investors" once again brought the long-silent Bolshund car back to public view. According to relevant media reports, the manager of Nanjing Bojun New Energy Automobile Co., Ltd. (hereinafter referred to as Bojun Automobile) postponed the recruitment of investors in Tianjin Bojun Automobile Co., Ltd. (hereinafter referred to as Tianjin Boxun).

  Automobile Tianjin Company Equity Al Art Limited Investment Management Xiali recruitment liquidation announcement investors Co. Ltd. 2022-07-30
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  A number of car companies will be eliminated, and CCTV has exposed that these car manufacturers will shut down before mass production.

  CCTV Finance and Economics: the new force of car building, which is always on the road of financing, has entered the knockout stage.

  The new force of car building Baiteng Automobile Sailin Automobile 2020-06-29
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  Live on subsidies? BAIC New Energy receives another 500 million financial subsidy

  A few days ago, BAIC Blue Valley New Energy announced that the company received 500 million new energy financial subsidies. According to accounting, BAIC New Energy has received more than 670 million yuan in industrial support funds this year. On August 31, BAIC Langu New Energy received the notice of the Finance Bureau of Beijing Economic and technological Development Zone on the allocation of industrial support funds to BAIC Langu New Energy Technology Co., Ltd., and the new energy vehicle industry support fund of RMB 500 million. The announcement said that the impact of the above government subsidies on the company's total profits in 2019 is expected to be 500 million yuan. In July September 2019, BAIC New Energy announced that it was a subsidiary.

  2019-09-02
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  Another German car supplier filed for bankruptcy!

  A few days ago, the lidar supplier Ibeo Automotive Systems GmbH (hereinafter referred to as "Ibeo") applied for bankruptcy to the court in Hamburg, Germany. The court in Hamburg, Germany, has approved Ibeo to administer the bankruptcy procedure on its own. The management of the company is still fully responsible for the operation.

  Laser radar Germany automobile supply supplier doctor Schneider systems products enterprises people RMB technology cooperation 2022-10-10
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  Lulai Capital: 2019 subsidies have fallen sharply, and the new energy vehicle industry will face a reshuffle.

  In an interview with the media, the managing partner of Lai Capital said that with the sharp decline in 2019 subsidies, the new energy vehicle industry will face a reshuffle, but more than 300000 of high-end cars will be better developed, and high-end consumers will be less sensitive to price. and pay more attention to high-end experience and brand sense. After the Shanghai office of Lulai Capital and the Yiou Intelligent Network Alliance Automotive Industry Innovation Summit, Zhu Yan, Zhang Junyi and Yu Ning, management partners of Lulai Capital, accepted an exclusive interview with China Finance and Economics to express their views on the new energy automobile industry. I still remember that in March earlier, Zhang Wei, chairman of Cornerstone Capital, issued a long article about China in detail.

  Automobiles new energy Weilai new energy vehicles dealers 2019 2019-04-29
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  SAIC GM's three major brands announced an official reduction of up to 25000.

  In response to the notice on value-added tax rate adjustment issued by the state on March 15, 2019, SAIC GM officially announced today that it will reduce the suggested retail prices of some model manufacturers of its Buick, Chevrolet and Cadillac brands. and launched a wealth of car purchase finance programs and after-sales service policies. The official downgrade involves 11 series sold by three major brands, with a total of 39 models, covering from high-end luxury cars to economical cars, as well as MPV, SUV and other market segments, with a maximum reduction of 25000 yuan. Specific model. Buick, this official downgrade launched six major car series, of which Buick Ankewei complete.

  Universal 2019-03-28
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  Lutes' global headquarters is located in Wuhan, Weilai participates in the investment.

  On August 31, Lutes, a sports car brand of Geely Holdings, officially announced the establishment of Lutes Technology, and moved its global headquarters to Wuhan Economic Development District. Lutes Global Intelligent Factory will also be located in Wuhan. It is understood that Lutes Science and Technology Intelligent Factory has been built in 2020, and the production line will be completed by the end of this year. After it is put into production, it will have an annual production capacity of 150000 vehicles. Data show that Lotus, which was founded in 1952, was on a par with Lamborghini, Ferrari and other supercars, and was acquired by Malaysian carmaker Proton Motor in 1996. Lotus officially entered the Chinese market and released in June 2011.

  Lutes. 2021-08-31
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  Faraday Future announcement: false allegations have given rise to "death threats"

  As of Sept. 23, U.S. stocks closed at $0.767 per share, up 2.9% at Faraday Future, leaving a total market capitalization of just $252 million. It is understood that Faraday will be officially listed on the NASDAQ Stock Exchange in the United States on July 22, 2021.

  Faraday Faraday Company Director Board of Directors Survey USA report employee threat time Agency Nass Duck financing 2022-09-24
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  CEO of Xilai Automobile responds to tens of billions of financing and losses

  On June 12, after losing 2.6 billion yuan in the first quarter of 2019, the agreement on 10 billion financing with Beijing Yizhuang International Investment and Development Co., Ltd. attracted the attention of the industry. Li Bin is doing this financing at a time when the company is extremely difficult. Li Bin said that this is a means of financing for the company. Xilai Automobile has only been established for four years, and you cannot ask a 4-year-old to support your family. In fact, it has been controversial since its establishment. The relevant policy on new energy vehicles issued by the National Development and Reform Commission is that Lai Automobile has also taken corresponding actions, and the intelligent driving assistance system has also been officially launched today.

  Car loss response Weilai financing 2019-06-13
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  Foxconn's cooperation with Baiteng's electric vehicles has been suspended, and Baiteng is in a worrying situation.

  Recently, according to foreign media reports, the cooperation project between Foxconn and Baiteng has been shelved, mainly due to the deteriorating financial situation of Baiteng. According to foreign media quoted several people familiar with the project said that the project has not been officially terminated, the number of Foxconn employees in the Baiteng plant is very small, are preparing for the final termination of the project. Some of the senior people involved in the project have left Foxconn. As of press time, neither Foxconn nor Baiteng could be reached for comment. In January this year, Baiteng signed a strategic cooperation framework agreement with Foxconn Technology Group and Nanjing Economic and technological Development Zone, and the three parties will work together to promote the mass production of Baiteng new energy products.

  Foxconn 2021-09-16
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  It is exposed that GAC GROUP may take a stake in Xilai Automobile: the financing project is mainly based on announcement.

  It is reported that GAC GROUP plans to buy a stake in Lulai Motors. At present, GAC GROUP is raising funds for investing in Lulai Motors. The amount of money is about $1 billion, according to people familiar with the matter. In response to this news, Weilai said that the financing project shall be subject to the announcement of listed companies. Admittedly, as a new force in car-building, Lai Automobile is indeed plagued by funds. If GAC GROUP takes a stake in Lai Automobile, it will effectively alleviate the financial problems of Lai Automobile. From the current point of view, Xilai Automobile in terms of capital is mainly through cost-cutting and financing. In July 2019, in order to ease the financial pressure, Xilai sold.

  NextEV 2020-01-15
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  BAIC New Energy received 400 million yuan in support funds in half a year, and new energy subsidies reached 1.155 billion.

  In July and September, BAIC New Energy announced that the company had received a total of 30 million yuan from the Huanghua municipal government to support the new energy vehicle industry, which BAIC included in its total profits in 2019. In fact, the Hebei Huanghua municipal government also allocated 20 million yuan in industrial support funds to BAIC New Energy in January this year, so the total support funds reached 50 million yuan. In addition, in January, the Finance Bureau of the Beijing Economic and technological Development Zone also allocated 350 million yuan in industrial support funds to BAIC New Energy. The funding for industrial support has reached 400 million yuan this year. With regard to subsidies for new energy vehicles, BAIC New Energy has won the central new energy this year.

  2019-07-10
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  In January, a number of new energy car companies raised financing, with a cumulative financing amount of more than 60 billion yuan.

  When traditional fuel models are gradually transformed to electrification, it means that a new era is coming. As the new energy vehicle as a new travel mode, the need for research and development and capital investment will be unknown. However, as the capital is more and more optimistic about the development of electric vehicles, there are a number of car companies to achieve financing since 2021.

  New energy vehicle enterprises 2021-02-08
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  Less than four months after its establishment, the subsidiary of Xilai was listed in the abnormal operating list.

  According to the national enterprise credit information publicity system, because "the registered domicile or place of business cannot be contacted", Lulai Automotive Technology Co., Ltd. has been listed in the list of business anomalies by the Beijing Economic and technological Development Zone Branch of the Beijing Municipal Market Supervision Administration.

  Weilai 2019-11-13