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Today, Faraday Future Weibo released its fourth quarter and full-year results for 2022, according to relevant data: the net loss of FF in the fourth quarter of 2022 was $153.9 million, compared with $84.3 million in the same period in 2021, an increase of $69.6 million. The cause of the loss
Recently, Li Bin of Xilai Automobile said in an interview with the media: "car building requires a reserve capital threshold. I said 20 billion a few years ago, but now it may not be possible to do it without 40 billion." "I think the threshold of the automobile industry is much higher than we thought, and today may be different from that of a few years ago," Li Bin said. At this point in time today, I think the threshold for investment in research and development, service system and infrastructure has actually become higher. " In Li Bin's view, the high investment in the automobile industry is not only in terms of fixed assets, but also in R & D and service system. For the saying that it takes 40 billion to build a car today, Li Bin.
It is learned from the Beijing property right Exchange that the capital increase project of Changan Mazda Automobile Co., Ltd. has been officially disclosed. According to the project announcement, after the completion of the capital increase project of Changan Mazda Automobile Co., Ltd., the shares held by the new investors shall not exceed 5% (inclusive), and the total shareholding proportion of the original shareholders shall not be less than 95% (inclusive); the proposed new registered capital is 5.8404 million US dollars, and all the funds raised in excess of the new registered capital shall be included in the capital reserve and shall be shared by both new and old shareholders according to the proportion of their shareholdings. The purpose of raising funds is to "improve business quality, improve and optimize industrial layout, and enhance the competitiveness of enterprises." In view of this capital increase.
According to media reports citing people familiar with the matter, Xiaomi Group is discussing cooperation with BAIC in the production of electric vehicles, and the two companies are currently studying different options, including Xiaomi's purchase of a stake in Beijing Hyundai No.2 Plant, which holds a license to produce cars in China, as Xiaomi currently has a license to produce cars independently.
On April 13th, Faraday issued a notice in Business Wire in the United States that the delivery of its first model will be delayed. The circular pointed out that some suppliers informed the company that the company's time requirements could not be met, so the start delivery time and three phases of FF 91 vehicles were updated.
China first Automobile Co., Ltd. will list and transfer a total of 73.70 percent of its subsidiary, Machinery Industry Ninth Design and Research Institute Co., Ltd., with a base price of 695.1807 million yuan and the expiration date of information disclosure, according to domestic media reports. Machinery Industry Ninth Design and Research Institute Co., Ltd. was established in 1987, FAW 100% holding company, the main business scope is engineering design, is a well-known planning and design company in the domestic automobile industry. He has participated in the planning of China's first automobile factory, second automobile factory, Beijing automobile factory, Nanjing automobile factory and Jinan automobile factory.
On the morning of July 22nd, Faraday Future officially listed on the NASDAQ Stock Exchange and held a bell-ringing ceremony to begin official public trading under the stock symbol "FFIE." FFIE's offering price was $13.78 and barely closed 1.45% higher on the first day, closing at $13.98, with a total market capitalization of $4.535 billion. However, FF's share price has nearly halved less than three months after its listing. FF shares fell 4.17% to $8.05 as of Oct. 8, down 41.58% from their offering price of $13.78.
Recently, GAC GROUP announced that GAC MOTOR Co., Ltd., a wholly-owned subsidiary (hereinafter referred to as "GAC MOTOR"), will transfer its 49% stake in GAC MOTOR (Hangzhou) Co., Ltd., a wholly-owned subsidiary, through the Guangzhou property Exchange. The reserve price of the public listing transaction shall be no less than 1.2388083 billion yuan (subject to the results of the archived evaluation report) as the basis. At the same time, GAC MOTOR (including related parties) will transfer the 246.0322 million yuan held by GAC MOTOR (Hangzhou) Co., Ltd. by agreement.
The Futurist Alliance version of FF 91, which is limited to 300 units worldwide, has been sold out, according to Faraday Future's website. It is understood that FF 91 announced that it will start booking on July 22, with a priority reservation amount of 50,000 yuan. The exact price of the "futurist alliance" version of FF 91 has not been officially announced. It has been reported that the "futurist alliance version" of FF 91 sells for $280000 in the United States and about 2.8 million yuan in China. FF officials said they would not comment. On the evening of July 22, Farah.
On Sept. 10, Hechuang V09 officially opened its reservation with a pre-sale price of 320000-460000. It is understood that the joint venture V09 positioning of medium-and large-scale MPV, using 2-2-7-style 7-seat layout, provides black orange theme, shallow jade theme, obsidian theme three kinds of interior color matching, the new car will be officially launched on October 13 and
As the COVID-19 epidemic spread to the world, the United States, which once "bearish" the epidemic, officially held a media meeting on March 13 to declare that it would enter a "state of national emergency." At the same time, the US federal government will also launch $50 billion as an emergency reserve fund.
Sales decline, performance losses, factory shutdown, deep debt, Lifan suffered the biggest crisis in history. On December 17, Lifan shares announced that the company used 449 million yuan of idle funds raised by the previous non-public offering shares to temporarily replenish 10 million yuan of the working capital on December 17, 2019. Because the special account of raising funds opened by the company related to the previous non-public offering shares has all been frozen, in order to ensure the safety of the company's funds, it is temporarily unable to return to the raising fund account. In addition, Lifan due to financial constraints, part of the funds raised before has not yet been bad, delinquent so far. In the announcement, Lifan said.
Jia Yueting, founder and CEO of FaradayFuture, is transforming FF's existing top governance structure by introducing a partnership system and handing over top governance to a "partner committee", according to people close to Faraday's future. At the same time, Jia Yueting will also set up a personal debt repayment trust fund as a domestic debt repayment fund. In June 2018, Evergrande formally reached a cooperation with Evergrande, and Evergrande became the largest shareholder of FF. The two sides then parted ways at the end of 2018 because of equity issues. Since January 1 this year, FF and Evergrande score, FF admitted in the funding side.
According to Bloomberg, the listing of Xilai Motor in Hong Kong may be postponed until next year. According to people familiar with the matter, it is "unlikely to land on the Hong Kong Stock Exchange" before 2022, mainly because it was questioned about its structure by the Hong Kong Stock Exchange. the inquiry included a user trust fund set up by the company in 2019. It is understood that in 2018, Weilai went to the New York Stock Exchange and listed on the New York Stock Exchange. Li Bin, CEO of Lailai, said in an open letter that after long consideration, he would transfer 1/3 of his shares, that is, 50 million shares, to the trust fund.
For listed companies, it is also a general operation to rationally issue shares when they need more funds. A few days ago, ideal Motor (LI.US) announced plans to issue 47 million units of new ADS shares, with a total issue of about $1.6 billion.
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.
Wages in arrears, social security payments, Aichi car has been "unable to open the pot." On May 25, a reporter from the International Finance News exclusively obtained information from Aichi's internal communication group, showing that middle and high-level employees headed by Chief Financial Officer Wu Lei launched a "forced palace" to President Fu Qiang on the examination and approval of social security provident fund. Group chat information shows that wealth
Today, Faraday will announce its results for the first quarter of 2023. According to the financial report, FF's first-quarter net income was $6.5 million and its quarterly loss was $153.1 million. Operating expenditure in the first quarter was $83 million, down from $149 million in the same period last year.
On June 27, there was a letter entitled "call for Justice!" The long article that nearly 2000 families ask Aichi for a collective salary has spread on the Internet. The long letter, which begins with a letter to Aichi's shareholders and senior managers, points out that nearly 2000 Aichi employees have been in arrears for more than three months, and their related demands.
According to foreign media reports, American electric car startup RIVIAN recruited more than 750 employees from Tesla and Ford, including a large number of employees from Jia Yueting's Faraday Future (FF). Data show that at least 50 FF members have moved to RIVIAN, most of whom have experience in battery and electric traditional systems. According to the survey, this is not the first time that FF has made large-scale layoffs. News of FF layoffs began as early as October last year, which is believed to be partly due to recent tight chains in the company. ...
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
For the first time in history! Chery Group sales announced
The news is false! Celis Group Statement
The latest weekly list of ideal cars is here!
Benchmarking Song PLUS! Geely Galaxy Starship 7 released
Nilai also wants to make a range-extending car? No official response
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