ES8 sales volume.

Editor’s note: This article is from “Future Car Daily” (WeChat public ID: auto-time), author: Xiao Cheng Yi.

Author | Cheng Hao

Edit | Liang Chen

In the early morning of August 13, Weilai Motors (NIO) closed at $3.05, down 2.56%. Weilai Auto’s share price once fell more than 5% in 5 minutes.

The previous day Weilai Automobile announced its July delivery data, and a total of 837 new vehicles were delivered in July, It fell about 37.5%. Among them, the number of ES8 deliveries was 164, down 67% year-on-year.

At the beginning of the year, Weilai Auto has set an annual sales target of 40,000 to 50,000 vehicles. However, as of now, Weilai 2019 has delivered a total of only 8,379 vehicles, and currently only completed 20.95% of the minimum annual target.

Li Bin, founder, chairman and CEO of Weilai Automobile, said in a delivery report in July: “In July of this year, we completed the recall of 4,803 ES8 electric vehicle batteries. In this month, we will battery Manufacturing capabilities are at the top of the list, which has a major impact on our production and delivery results.”

Since April of this year, the Weilai Auto spontaneous combustion incident has occurred frequently. In June, the Ministry of Industry and Information Technology issued a Notice on Conducting New Energy Vehicle Safety Hazard Investigations Shortly afterwards, Weilai Auto took the initiative to file a recall plan with the State Administration of Markets.

Wei Lai said that since June 27, we will recall some of the Weilai ES8 electric vehicles equipped with power battery packs from April 2, 2018 to October 19, 2018, for a total of 4,803. Wei Lai has delivered a total of 19,727 vehicles in July, and this recall will affect 24% of its delivered vehicles.

However, Li Bin is more optimistic about sales in the second half of the year. He expects August to be a “stronger month” with the goal of delivering 2,000 to 2,500 vehicles.

Future Auto Daily (ID: auto-time) found that Weilai has boosted sales efforts to boost sales, Propose a 40% down payment from August 1st to September 30th, 2-year zero rate event.

The current situation of the new head-building power is far from the annual sales target set by it.

Shen Hui, chairman of Weimar Motors, once said that the goal is to deliver 100,000 units in 2019, but Weimar currently delivers less than 10% of the vehicles. In the first half of the year, Xiaopeng Automobile, which sold the first place, only completed 24% of its annual target.

(I am the future car daily reporter Cheng Wei, pay attention to intelligent network connection, automatic driving and sharing travel dynamics, welcome to exchange at any time. Please add WeChat tuanzi_C, add please note name, company, position.)

Wei Lai Automobile sold less than 1,000 vehicles in July, and Li Bin said that