There may be a change in the European subscription model of "rent only but not sell". Qin Lihong, the president, said that he was considering to start selling.

CTOnews.com news on October 19, a few days ago, Ulai announced that it would enter the markets of Germany, the Netherlands, Denmark and Sweden with a "subscription model", offering ET7, EL7 (ES7) and ET5 models. The subscription period for vehicles ranges from one month to 60 months. The company originally planned to rent but not sell at the initial stage of entering the market.

In response to netizens' suggestion that Weilai should give up "only rent but not sell" and offer a "buyout" option in Europe, Qin Lihong, president of Lulai Automobile, responded to user App on Oct. 18, thepaper.cn reported.

CTOnews.com learned that with regard to the strategy of "rent but not sell", Li Bin, chairman of Weilai, previously responded: "at the press conference, we only said that we would offer this lease, but not not to sell it." in fact, this is also a step by step, because it is really troublesome if these models are done together at the initial stage. "