Shulou(Shulou.com)12/24 Report--

CTOnews.com December 5 news, Weilai today announced third-quarter results, Weilai Q3 revenue of 19.0666 billion yuan, the same period last year 13 billion yuan, the market is expected to be 19.373 billion yuan.

At the Q3 earnings call, Li Bin, chairman of Xilai, said that the first car of the second brand Alps had recently completed the trial production of the VB (Verification Build development and verification prototype).

This is the best new model in our history, the VB, and we are very confident about the competitiveness of our car, he said. In terms of sales, NIO does not plan to share stores with the Alps, but will share part of the service network.

Qin Lihong, president of Xilai Automobile, previously said that "Alps" and "Firefly" are internal project code names of Weilai, not brand names. "Alps" is mainly for the mid-market, direct competitors are Tesla, Toyota, Volkswagen products.

With regard to the power exchange network, he said that the electricity exchange network of Weilai will have a "private network" and a "sharing network" in the future, and the Alpine brand will use the sharing network from next year. Weilai users can use the shared network.

In combination with what he has previously expressed, Weilai Ming will begin to work with other third-party partners to build a "shared power exchange network" that can be used by NIO, Alps and other brands, while the private network only serves the NIO brand.

We decided to open up the second brand of Weilai, the standard battery pack for mass market brands. After opening up, we can see that these auto companies in China are very active. At present, two have announced the signing of contracts, and several are in the process of negotiation. Therefore, we believe that the service ability, technical level and basic network construction of Weilai are all they need, and they also see the advantages of Lulai service from the point of view of the interests of users.

He also mentioned that the private network of Xilai will continue to be built, but the exact number is still under study.

According to the CTOnews.com inquiry, as of December 5, 2196 replacement power stations have been built, including 694 expressway replacement stations, 3480 charging stations (20441) and 960000 square piles.

In November, Xilai delivered 15959 cars, an increase of 12.6% over the same period last year. From January to November 2023, a total of 142026 new cars were delivered, an increase of 33.1% over the same period last year. A total of 431582 new Weilai cars have been delivered.

Related readings:

"Weilai will open the power exchange business for the first time and will cooperate with Changan Automobile in four areas."

Geely Holdings Group and Weilai sign Strategic Cooperation Agreement on Power Exchange

"after Changan and Geely, it is reported that Jianghuai Automobile is a potential partner in the electricity exchange business of Weilai."

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