See you in E Week： Tesla Recall／Tucki Sales ＂Left Behind＂
[car home Industry] See you in car home E Week to learn about the weekly events in the automobile industry. At the beginning of December, various car companies successively disclosed their sales performance in November. Judging from the information available at present, BYD’s sales in November continued to triumph, with 230,400 new cars sold, up 134.3% year-on-year, setting a new record; In terms of new forces, Weilai and Ideality also set new delivery records, while Tucki, which had previously ranked first in sales within the new forces, fell by over 60% year-on-year.
In addition, Tesla announced the recall of 430,000 domestic Model 3/Model Y；; Xiaomi, who once insisted on self-driving full-stack self-research, was told to temporarily abandon the full-stack self-research plan and seek help from suppliers; With the recurrence of the epidemic, the inventory of domestic dealers has increased again; Baowo Automobile, revived seven years ago, declared bankruptcy again … What other hot events are there this week? Let’s take a look.
■ In November, the transcripts of new energy vehicle companies were released.
■ The dealer inventory early warning index rose again in November.
■ Domestic Tesla reproduces large-scale recall.
■ Less than 7 years after his resurrection, Baowo went bankrupt again.
■Xiaomi Auto Autopilot R&D blocked?
In November, the transcripts of new energy vehicle companies were released.
BYD: 230,427 vehicles
A few days ago, BYD released the November production and sales express. Data show that BYD Auto sold 230,427 vehicles in November, a year-on-year increase of 134.3%. Among them, a total of 22,942 passenger cars including exports were sold, up 136.5% year-on-year. So far, the cumulative sales volume of BYD’s new energy vehicles has reached 3.1 million.
Song PLUS』
In terms of sales structure, 116,027 plug-in hybrid vehicles were sold in November, up 163.8% year-on-year; The sales volume of pure electric vehicles reached 113,915, a year-on-year increase of 146.9%. In terms of specific models, the Song family sold 64,145 vehicles in November, of which 57,146 were plug-in hybrid models; The sales volume of the Han family was 31,786, and the monthly sales exceeded 30,000 for three consecutive years; The Qin family sold as many as 28,320 vehicles in November; Dolphins sold 26,063 vehicles in November; The monthly sales of Tangjia people exceeded 20,000 vehicles for the first time, reaching 20,020 vehicles; (|) sold 15,356 vehicles in November.
Gac ean: 28,765 vehicles.
On December 1st, GAC Aian released the sales results in November first: 28,765 vehicles, up 91% year-on-year; From January to November, the cumulative sales volume was 241,149 vehicles, a year-on-year increase of 128%, and the goal of doubling the annual sales volume was achieved ahead of schedule. One day before the publication of this sales report card, the company announced that it would raise the price of its models, ranging from 3,000 to 8,000 yuan. The reason for the price adjustment is due to the decline of subsidies for new energy vehicles next year and the increase in the price of battery raw materials. In addition to GAC Ai ‘an, BYD, Changan Deep Blue and Geely Automobile also announced the increase of vehicle prices. I don’t know how the fuel vehicle purchase tax, which will continue to be reduced next year, and the subsidy for new energy vehicles will affect the sales of new energy vehicles.
Nezha: 15,072 vehicles.
Nezha is still the sales champion of new power enterprises in November, and delivered 15,072 new cars that month, up 51% year-on-year and down 16.34% month-on-month. From January to November this year, enterprises delivered a total of 144,278 vehicles, a year-on-year increase of 142%. The improvement of delivery volume is inseparable from the growth of channels. Data show that in the first half of this year alone, 189 new stores were opened in Nezha. According to the previous plan, the company will increase the number of city partner stores to 450 and open 150 new direct stores this year.
Ideal: 15,034 vehicles
In November, the ideal delivery volume reached 15,034 vehicles, an increase of 11.5% year-on-year, setting a record for single-month delivery. On November 27th, the company also issued "Notes on Delayed Delivery of Some Users", saying that due to the delay in supply of core spare parts, some orders delivered at the end of November were postponed to December. The above-mentioned sales performance also verified the market appeal of the ideal L8 and L9 new cars, and if there were no supply chain problems, they could still achieve better results.
Weilai: 14,178 vehicles
The data shows that Weilai delivered 14,178 new cars in November, a record high, with a year-on-year increase of 30.3% and a quarter-on-quarter increase of 40.9%; From January to November, 2022, Weilai delivered more than 100,000 vehicles, a year-on-year increase of 31.8%, and this is the first time that Weilai’s annual sales exceeded 100,000 vehicles since its establishment.
Previously, when Weilai ET5 was listed, Weilai officially said that this car would be benchmarked against BMW 3 Series at the market level. Judging from the current performance, although the specific sales volume of Weilai ET5 has not been announced, the delivery volume of three new models ET7, ES7 and ET5 of the second-generation technology platform NT2 is rising steadily, with a total delivery volume of 11,072 vehicles in November.
Extreme krypton: 11,011 vehicles
In November, with a ZEEKR 001 car, the monthly sales of Krypton exceeded 10,000 for the second consecutive month, reaching 11,011 vehicles. Previously, the sales target set by the company for 2022 was 70,000 vehicles, and the sales volume reached 60,604 vehicles from January to November, and the sales target was completed soon. It is reported that the rise of krypton sales is inseparable from the return to normal supply chain. Now the delivery cycle of ZEEKR 001 has been shortened to 4-6 weeks, and the orders in the first half of December will also strive to be delivered before the end of the year.
『ZEEKR 001』
AITO：8260 vehicles
In November, the delivery volume of AITO brand was 8,260 vehicles, down 31.3% from the previous month. It failed to continue the previous trajectory of breaking 10,000 for three consecutive months, and this is the first time that the AITO brand has experienced a decline in sales since it started delivery in March. According to the official explanation, the reason for the decline in sales volume is that due to the epidemic situation and tight supply chain, the production of Cyrus Chongqing factory has been under certain pressure, which has affected the delivery.
Zero run: 8047 vehicles
Zero Run delivered 8,047 vehicles in November, a year-on-year increase of 42.98%, but there is still a little gap compared with the previous rhythm of breaking 10,000. From January to November, the cumulative delivery of zero-run vehicles exceeded 100,000 vehicles, with a year-on-year increase of over 185%. From the channel point of view, Zero Run opened 31 stores nationwide in November. As of November 25th, the total number of stores in this enterprise was 548, covering 173 cities.
"Zero run C11』"
Tucki: 5811 vehicles.
On November 30th, Xpeng Motors disclosed the financial report for the third quarter of 2022. It shows that the revenue in the third quarter was 6.82 billion yuan, up nearly 20% year-on-year and down 8.2% quarter-on-quarter; The net loss was 2.38 billion yuan, up 49% year-on-year and 12% quarter-on-quarter. In the third quarter, the delivery volume was 29,600 vehicles, up 15% year-on-year and down over 10% month-on-month.
Compared with other new forces, Xpeng Motors’s recent market performance shows signs of falling behind. In November, it sold 5,811 vehicles, of which 1,546 vehicles were delivered by G9, an increase of 148% from the previous month. In order to solve the problem of sales decline, the internal organizational structure and some strategies of the enterprise are also being adjusted.
On November 30th, Henry, co-founder and president of Xpeng Motors, officially resigned as executive director of the company and remained as president. Behind this adjustment, the management of the company will focus more on the business and operation of automobile products. He Xiaopeng himself will greatly reduce personal direct participation in eco-enterprises, devote more energy to Tucki’s strategy, product planning and R&D, and promote organizational change and upgrading.
In November, the dealer inventory early warning index rose again.
A few days ago, china automobile dealers association released the latest issue of "China Automobile Dealer Inventory Early Warning Index". It shows that in November 2022, the inventory early warning index of automobile dealers in China was 65.3%, up 9.9 percentage points year-on-year and 6.3 percentage points quarter-on-quarter, and the inventory early warning index was above threshold, second only to April this year (66.4%).
In addition to the above-mentioned index increase, the inventory index in November also increased month-on-month. However, the index of market demand, average daily sales, employees and operating conditions decreased from the previous month.
On May 23rd, the the State Council executive meeting decided to reduce the purchase tax on some passenger cars by 60 billion yuan. According to china automobile dealers association’s estimation, the policy of reducing the purchase tax on some passenger cars has basically reached the expectation, and 40 billion yuan has been implemented as of November 10th. It is estimated that the overall tax reduction will reach 55-65 billion yuan this year. Even with the policy stimulus, china automobile dealers association believes that the sales of fuel vehicles will still decline by 15% in 2022, and the unexpected increase of new energy vehicles will make up for the decline of these fuel vehicles.
Domestic Tesla reproduces large-scale recall
On December 1, Tesla (Shanghai) Co., Ltd. recently filed a recall plan with the State Administration of Markets in accordance with the requirements of the Regulations on the Management of Defective Automobile Product Recall and the Implementation Measures for the Regulations on the Management of Defective Automobile Product Recall.
According to the information published on the website of the State Administration of Markets, from now on, Tesla will recall some domestic Model 3 electric vehicles with production dates from December 27, 2020 to November 7, 2022, totaling 142,277; A total of 292,855 domestic Model Y electric vehicles with production dates from January 1, 2021 to November 11, 2022 were recalled.
The reason for this recall is that when some vehicles wake up from the parking state, the software of the vehicle position light may make an error when initializing the internal parameters, resulting in that the position light on one or both sides of the rear of the vehicle cannot be lit. In dark environment, the occasional failure of the position light will reduce the visibility of vehicles, and in extreme cases, it will increase the risk of vehicle collision accidents, which has potential safety hazards.
According to Tesla’s official statement, the company will upgrade the recalled vehicles to 2022.40 or higher software for free through OTA, and users can complete the software upgrade without going to the store. For vehicles that cannot be recalled through OTA technology, Tesla (Shanghai) Co., Ltd. will contact relevant users through Tesla Service Center to upgrade the software for vehicles free of charge to eliminate potential safety hazards.
Less than seven years after his resurrection, Baowo went bankrupt again.
On November 29th, Beiqi Foton issued an announcement about the court declaring Beijing Baowo Automobile Co., Ltd. bankrupt. At this time, it was only less than seven years since Beijing Baowo was founded.
"Baowo BX7』"
Baowo brand was founded in 1919 and was once the third largest automobile manufacturer in Germany. In the 1950s and 1960s, the enterprise was in crisis and finally declared bankruptcy in 1961. In 2014, Beiqi Foton, which is committed to improving its performance in the passenger car field, spent 5 million euros to acquire the Baowo brand, and officially revived it two years later. Since then, Baowo, which focuses on "German technology", has also achieved a short peak in the passenger car market in China, and its first model, Baowo BX7, achieved 5,556 sales results within one natural month.
From 2016 to 2018, the cumulative sales volume of Baowo was 106,900 vehicles, and the cumulative loss was as high as 4.014 billion yuan, accounting for 70% of the total loss of Beiqi Foton in the same period. In order to get rid of the burden, Beiqi Futian transferred 67% of the shares of Baowo brand to UCAR at the end of 2018 at a price of 3.973 billion yuan. However, with the lightning storm of the Shenzhou Department in the later period, Baowo once again experienced operational difficulties, and its sales volume gradually declined. I wonder if the Baowo brand will disappear after this bankruptcy, or will it be revived for the third time in the future?
Xiaomi Auto Autopilot R&D blocked?
A few days ago, it was reported that the research and development of Xiaomi Auto’s autonomous driving was blocked, and the entire business line was being adjusted. The original full-stack self-research will be temporarily converted into a supplier program. According to people familiar with the matter, the reason for the above changes is that Xiaomi’s autopilot test is not effective. If the company wants to adhere to the plan of mass production of the first car in 2024, it can only be forced to choose a mature solution provided by the supplier.
On March 30, 2021, Xiaomi officially announced the construction of the car, and announced the plan to invest 10 billion yuan in the first phase and expect to invest 10 billion US dollars in the next 10 years. The field of autonomous driving is undoubtedly the top priority in this investment plan, and the first phase of R&D investment reached 3.3 billion yuan.
In August this year, Xiaomi released a video of intelligent driving test, which successively showed 30 functions such as unprotected left turn, automatic U-turn, multi-lane intersection left turn, roundabout bypass, courtesy to pedestrians and automatic parking, which was ridiculed by some netizens as "each function is worth 100 million". Up to now, Xiaomi official has not responded to the rumor of "suspending full-stack self-research". I wonder how many Xiaomi intelligent driving technologies can be carried in the first production car of Xiaomi mass-produced in 2024? (Text/car home Chen Can)