The marriage of Jiwo is hard to say.
Editor’s note: This article is from “Future Car Daily” (WeChat public ID: auto-time), author: Pan Lei.
Organization: Pan Lei
Headline
The market value of Weilai Auto has shrunk by 87% in one year
Wei Lai officially landed on the New York Stock Exchange on September 12 last year. On the second day of the listing, the stock price peaked at $13.8, and the market value exceeded $13 billion. It has now shrunk by 87%. Weilai, whose stock price is approaching $1, does have the risk of “delisting”. According to the Nasdaq “one dollar” delisting rule, if the listed company’s stock price is less than one dollar per share, and this state lasts for 30 trading days, the NYSE will issue a warning if the company being warned is issued a warning. In the 90 days, still can not take the corresponding measures to self-help to change its stock price, will be announced to stop stock trading. (21st Century Business Herald)
Features
Tesla delivered 97,000 units in the third quarter, not meeting expectations
Tesla delivered 97,000 units in the third quarter, which is lower than the estimated 99,000 units on Wall Street and below the target of 100,000 set by Musk. Tesla’s important driving force for delivering 100,000 units per quarter comes from the Chinese market. The Tesla Shanghai plant is accelerating the construction process, and it is expected that the Tesla Model 3 produced in China will be rolled out this month at the earliest, and the capacity will gradually climb. According to the target set by Musk, the Shanghai factory will reach 1,000 units by the end of the year. (Daily Economic News)
Wei Lai Automobile Delivers 4,799 Vehicles in the Third Quarter of 2019
Weilai AutomobileIn the third quarter of 2019, 4,799 vehicles were delivered, an increase of 35.1% over the second quarter. Delivered products include 4,196 ES6s and 603 ES8s. (Future Auto Daily)
Audi’s sales in September increased by 12.4% from the previous month
The Audi brand sold 65,509 vehicles in a single month in September, which was the same as that of the same period last year and an increase of 12.4% from August. In the first nine months, FAW-Volkswagen Audi sold 492,956 new cars, a year-on-year increase of 2.4%. In the fourth quarter, Audi will also launch a number of new models such as Q8 and e-tron. The flagship coupe SUV Q8 will be launched as soon as this month. (Online Car Market)
Lexus sold 17,700 units in China in September, up 10.2% year-on-year
In September 2019, Lexus sold 17,736 units in China, an increase of 10.2% year-on-year; of which, the sales of Chi-hybrid models were 5,599 units, accounting for 31.6% of the monthly sales. From January to September this year, Lexus sold 144,590 units in China, an increase of 22.8%. Among them, the cumulative sales volume of Zhi·Hybrid models was 48,065 units, a year-on-year increase of 31.8%. (Sina Car)
Geely and Volvo are exploring the combined engine business
October 7, Geely Holding Group official micro-release news that Geely Automobile Group and Volvo Car Group, owned by Zhejiang Geely Holding Group, are exploring the possibility of merging their engine business, aiming to build a world-leading powertrain. Business unit, research and development, production of leading powertrain and hybrid systems. (澎湃新闻)
The BYD subsidiary plans to invest 600 million yuan to invest in the Harmony Dingtai Fund
BYD announced on October 8 that the company’s controlling subsidiary BYD Auto Industry Co., Ltd. and Tianjin Rongtai Growth Investment Management Co., Ltd. and Vanke (Chengdu) Enterprise Co., Ltd. jointly invested in Hengqin Harmony Dingtai Equity Investment Co., Ltd. The parties have signed the relevant agreement on September 30. According to the announcement, the fund is RMB 1.101 billion, BYD Automotive IndustryIt is planned to subscribe for RMB 600 million, with a capital contribution ratio of 54.5%, mainly investing in outstanding sub-funds in the fields of science and technology and logistics. (Future Car Daily)
Gon’s whistleblower is also caught in a pay scandal or forced to leave Nissan
According to foreign media reports, a person familiar with the matter said that Nissan’s focal point, Hari Nada, was caught in a pay scandal or would be forced to leave the company. Hari Nada played a key role in the resignation of Nissan’s former chairman, Carlos Ghosn, and played a key role in Nissan’s negotiations with partner Renault. (Gaishi Automotive)
Mercedes-Benz’s sales volume in China in the third quarter is high
The German car brand Mercedes-Benz parent company Daimler Group released data on the 7th, in the third quarter of this year, Mercedes-Benz brand cars in the Chinese market set a record high quarterly sales. Data show that in September Mercedes-Benz global delivery of about 224,000 vehicles, an increase of 10.4%; in the third quarter of this year, Mercedes-Benz sales reached 590,000 vehicles, an increase of 12.2%. In the core market China, Mercedes-Benz delivered about 62,000 units in September, up 12.9% year-on-year. In the third quarter, sales in China exceeded 181,000 units, an increase of 12.9%, setting a record high in the historical quarter. (Xinhua News Agency)
The law of “Golden September and Silver 10” in the automobile market was broken
At present, there are some differences in the industry’s forecast of the trend of the auto market. According to Shen Jinjun, president of the China Automobile Dealers Association, the law of “Golden September and Silver 10” may be broken in the past decade. Because the overall market demand is not very strong, and the downward pressure is still large. Now it has been transferred from fuel vehicles to new energy vehicles. This year’s “Golden September and Silver 10” will not appear in Taiwang’s sales. In addition, during the switching phase of China V to China VI, some consumers are still in the wait-and-see period, which also affects the sales during the “Golden September and Silver 10” period to some extent. (First Finance)
New Products
The pure electric version of the BMW 1 Series will be available as early as 2021
A few days ago, some overseas media said that the BMW 1 series, which was confirmed by BMW executives, will be available as early as 2021. According to foreign media speculation, according to the naming habits of BMW’s electric system products, the new car name may be BMW i1. (Car Home)
The manned dragon spacecraft is ready, SpaceX and NASA successfully test the escape system
According to foreign media reports, SpaceX, the US space exploration technology company, is preparing for the “Demo 2” mission (DM-2, the first manned flight test). As part of its preparations, SpaceX and NASA have successfully tested the emergency escape system at the SpaceX launch facility at the 39-A launch pad (LC-39A) at the Kennedy Space Center in Florida. (Netease Technology)
Waymo is about to launch a self-driving car test in Los Angeles
According to foreign media reports, Waymo confirmed that its autonomous driving team will arrive in Los Angeles this week, but there is no plan to carry passengers yet. On Monday, the company posted a message on Twitter: “Our car will travel to Los Angeles to explore how Waymo technology fits into the city’s dynamic traffic environment without complementing innovative transportation.” (cnBeta)
