Chaos is raging, and the market spawned by subsidies is considered by industry insiders as “big but not strong.”
Extended reading: Being overtaken by Europe, where does China’s new energy market “lose”?
Hua Xiaozhu, Pinduoduo in the taxi ride class
As Didi’s “new vest”, Hua Xiaozhu was formerly known as “Tutu.com.” As early as March of this year, Huaxiaozhu quietly launched trial operations in Linyi, Shandong and Zunyi, Guizhou, under the banner of “the lowest price on the entire network” and snatched many local express orders. Subsequently, Hua Xiaozhu began to scavenge pools in third- and fourth-tier cities, and marched into the north, Shanghai, Guangzhou and Shenzhen, and has now expanded to 120 cities across the country.
However, while the new brand is rapidly expanding and rising, Hua Xiaozhu has been questioned as a “new clothes for a ride”, and compliance issues have also come back. In the context of online car-hailing becoming saturated, can Huaxiaozhu become Didi’s new “secret weapon”?
Extended reading: Take a taxi for 8 kilometers and spend 1.9 yuan to pay back cash back. Didi’s “pro-son” won over who Chinese cabbage?
Even German auto companies don’t make money. Volkswagen loses 3379 yuan per car sold
A few days ago, according to a survey report published by the German business newspaper website Handelsblatt, in the first half of this year, due to the impact of the new crown epidemic, the automobile giant Volkswagen Group suffered serious losses. The report shows that the sales of Volkswagen brand cars fell 28% year-on-year, and almost every car sold lost 415 euros (about 3379 yuan).
At the beginning of July this year, Volkswagen had to face huge compensation due to the follow-up compensation for the German “Diesel Gate” incident. For Volkswagen who has paid more than 750 million euros (about 6 billion yuan), it is no different It makes the situation worse. At the key node of electrification transformation, with the double blow of the new crown epidemic and the downturn of the auto market, how far will auto companies go in winter?
Extended reading: Even German automakers don’t make money. Volkswagen loses 3379 yuan for every car sold, while Mercedes-Benz and BMW lose money. More?