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Dec 02, 2021

In November, the 6 new forces of car manufacturing delivered 60,644 units, with a total delivery volume of over 600,000 units

On December 1, 6 new automobile manufacturers collectively announced the delivery data of November. Specifically, Xiaopeng Automobile delivered 15,613 vehicles in November, with a total delivery volume of more than 120,000 vehicles. Ideal vehicles delivered 13,485 units in November, with a cumulative delivery volume of 11,001 units. Nextev delivered 10,878 units in November, with a cumulative delivery volume of 156,581 units. Nezha delivered 10,013 vehicles in November, totaling 85,850 vehicles. In November, 5628 zero-run vehicles were delivered, with a cumulative delivery volume of 44013. Weimar Motor delivered 5,027 units in November, bringing its cumulative deliveries to 83,624 units. According to the statistics of battery Network, the 6 new forces of car manufacturing delivered 60,644 units in November, with the total delivery volume exceeding 600,000 units.



Xiaopeng Automobile delivered 15,613 vehicles in November, with a cumulative delivery volume of more than 120,000 vehicles


On December 1, Xiaopeng automobile released the delivery data for November, which is the third consecutive month that Xiaopeng automobile delivered more than ten thousand.


Specifically, Xiaopeng automobile delivered 15,613 vehicles in November, up 54% from the previous month and up 270% from the previous year. Among them, 7,839 P7 units were delivered, up 30% month-on-month; G3 series products delivered 5,620 units, up 54% from the previous month; The scale P5 was launched in October, with 2,154 vehicles delivered. In the first 11 months of this year, Xiaopeng delivered 82,155 vehicles, up 285% year on year. By the end of November this year, xiaopeng has delivered more than 120,000 cars.


Ideal vehicles, new energy vehicles, electric vehicles


Ideal vehicles delivered 13,485 units in November and the cumulative delivery volume reached 11,001 units


On December 1, Ideal announced delivery figures for November 2021. Ideal Motors delivered 13,485 Ideal ONE units in November, up 190.24% year on year. From January to November, the total number of ideal vehicles delivered reached 76,404 units. The cumulative number of Ideal ONE deliveries since delivery has reached 110,001 units.


Shen Yanan, co-founder and president of Ideal, said the ideal ONE set a new record of 13,000 units delivered in a single month in November, which is the first time that a Chinese brand model with a starting price of more than 300,000 units has delivered more than 10,000 units in a single month, making it the preferred product for luxury medium and large SUVs and family users in China.


In addition, ideal Automobile has 174 retail centers covering 93 cities in China as of November 30; There are 236 after-sale maintenance centers and authorized stamping injection centers, covering 171 cities.


Wei to car


Nextev delivered 10,878 vehicles in November and its cumulative delivery volume reached 156,581 vehicles


On Dec 1, NiO released its delivery data for November 2021. Data showed that In November 2021, NiO delivered 10,878 new cars, up 105.6% year on year, setting a monthly delivery record. From January to November, 80,940 new cars were delivered, up 120.4% year on year. So far, NiO has delivered 156,581 vehicles in total.


In September this year, Nextev's deliveries also exceeded 10,000 units, reaching 10,628 units, up 125.7% year on year, setting a new monthly delivery record.


In addition, in November, On November 19, 2021, NIO successfully completed a $2 billion US ATM secondary offering (just-in-time).


Nezha delivered 10,013 vehicles in November, bringing the total number of vehicles delivered to 85,850


On December 1, Nezha announced its delivery results in November, with a total of 10,013 vehicles delivered, up 372% year on year, and individual users accounting for more than 91%. The cumulative delivery volume from January to November was 59,547 units, up 393% year on year. Nezha has delivered 85,850 cars in total.


Batterynet.com noted that Nezha delivered 2,195 cars in January and 10,013 cars in November, marking the milestone of 10,000 cars in less than a year and officially entering the first camp of new car manufacturing forces.


While sales have achieved rapid growth, Nezha's cars have also been recognized in the capital market. Nezha Auto has completed about 7 rounds of financing since its establishment, with a total financing amount of about 13.25 billion YUAN. On October 27, it announced the completion of D1 round of 4 billion yuan financing. The financing was led by 360 Group investment of 2 billion yuan. Nezha said 360 has invested a total of 2.9 billion yuan in two consecutive rounds.


In addition, On November 8, Ningde Times and Nezha Automobile officially signed a strategic agreement. Ningde Times will participate in the D2 round of financing of Nezha Automobile.



In November, 5628 zero-run vehicles were delivered, and the total number of deliveries reached 44013


On December 1, Zero-run Automobile released the delivery and order data of November. The total delivery volume of zero-run automobile in November was 5628, up 236% year-on-year and 54% month-on-month. The total number of zero-running vehicles delivered since deliveries began last year is 44,013.


In terms of orders, a total of 16,310 zero-run cars were ordered in November, including 7,005 zero-run C11 and 9,297 zero-run T03. As of November 30, the company has accumulated 73,561 orders, fulfilling the annual order target ahead of schedule, including 18,113 zero-run C11 orders and 54,366 zero-run T03 orders.


Zero-run said some supply chains have been affected due to chip shortages and power cuts in the industry.


Wei ma car


Weima Motor delivered 5,027 units in November, bringing its cumulative delivery volume to 83,624 units


On December 1, Wilma Automotive announced the delivery data for November 2021. In November, Weimar Delivered 5,027 intelligent pure electric vehicles, up 66.6% year on year, and hit a new monthly sales record. From January to November 2021, the sales volume of VIMA reached 39,095 units, up 96.4% year on year. Until the end of September 2018, Weimar Has delivered a total of 83,624 smart pure trams.


On the same day, VIMA Automotive announced that it had secured a $152 million D2 round of financing. Among them, The Chinese real estate company Agile Group led the investment of $140 million, and the Jin Designed exchange and other related financial advisers participated in this round of financing.


On October 5 this year, Weimar Automobile had obtained over 300 million USD D1 round financing, weimar Automobile D1+D2 total financing amount has reached 457 million USD. More big-name investors are expected to join the round, which could raise more than $500 million.


It is understood that up to now, Weima Auto has completed 12 rounds of financing, in addition to the 11.5 billion yuan credit cooperation reached with a number of banks and financial institutions in February this year, weima Auto's total financing before listing has exceeded 33 billion yuan.


Battery network noted, recently, the first echelon of new forces have released the third quarter earnings.


Nio's total revenue in the third quarter was 9,805.3 billion yuan, up 116.6% year-on-year and 16.1% quarter-on-quarter. The revenue of automobile sales was 8.6368 billion yuan, up 102.4% year-on-year and 9.2% quarter-on-quarter. Nio had 47 billion yuan in cash reserves at the end of the third quarter. The company expects to deliver 23,500 to 25,500 units in the fourth quarter.


Xiaopeng Automobile's revenue in the third quarter was 5.72 billion yuan, up 187.4% year-on-year and 52.1% quarter-on-quarter. Sales revenue was 5.46 billion yuan, up 187.7% year-on-year and 52.3% quarter-on-quarter. At the end of the third quarter, Xiaopeng's cash reserves reached 45.36 billion yuan. The company expects to deliver 34,500 to 36,500 vehicles in the fourth quarter.


Ideal automobile's operating revenue in the third quarter was 7.78 billion yuan, up 209.7% year on year; Vehicle sales revenue was 7.39 billion yuan, up 199.7% year on year and 50.6% month on month. At the end of the third quarter, Ideal's cash reserves stood at 48.83 billion yuan. The company expects to deliver 30,000 to 32,000 units in the fourth quarter.


In terms of net profit, in the third quarter, Ideal Automobile had a net loss of 21.5 million yuan, NIO Automobile had a net loss of 835.3 million yuan, and Xiaopeng Automobile had a net loss of 1.594 billion yuan.


Although the sales and delivery data of new cars continue to rise, the new power of first-tier car makers has not yet gotten rid of the current situation of losses. In the future, as first-tier manufacturers join more enterprises, their profitability will also face a major test.


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