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Li Bin: it will continue to reduce costs and improve efficiency, and there will be no "sports" layoffs in the future.

2024-03-04 Update From: SLTechnology News&Howtos shulou NAV: SLTechnology News&Howtos > IT Information >


Shulou( Report-- news on December 14, at today's media communication meeting, Li Bin, chairman and CEO of Weilai Automobile, said today that he hopes that Weilai's losses will narrow next year and will continue to reduce costs and improve efficiency.

"the money that should be spent should be resolutely spent, and the money that should not be spent should be resolutely saved. Reducing costs and improving efficiency is a very high priority." if you save 5% of costs and expenses every year, it will be $60 billion to $70 billion. "

However, he also stressed that at present, the personnel adjustment has come to an end, and there is no rumored new round of layoffs, but Weilai will continue to optimize organization and efficiency. "after that, there are no 'sports' layoffs. But the optimization and improvement of organizational efficiency is what all companies are doing."

In November, Li Bin announced plans to cut about 10 per cent of jobs, according to previous reports from It was later reported that Xilai might increase the original rate of layoffs to 20 to 30 per cent, while it responded with false news that there were no further layoffs and would continue to make "dynamic adjustments" in the markets in which it operates.

Of course, while reducing costs and improving efficiency, Ulai will also ensure R & D investment. He revealed that the R & D expenditure of Xilai accounts for a large part of the overall expenditure. For example, 10.8 billion yuan was invested in R & D in 2022, and it will remain at 3 billion yuan every quarter this year, and this R & D efforts will be maintained in the future.

"if you do nothing, you have nothing to lose, but if you want to live, you have to develop. If you don't guarantee the intensity of investment, you can't survive."

When it comes to organizational structure optimization, Li Bin also said: the power battery department has been greatly affected, so some departments have been merged internally.

"Research and development of batteries can improve gross margins, but battery manufacturing can not improve gross margins within three years, and gross margins can be pushed as soon as they are invested in fixed assets. scale change margin, management efficiency change margin is necessary."

He also mentioned that the biggest lesson of this year is that the training of sales ability lags behind and the loss of intended orders is caused by the lack of timely follow-up. As for next year's expectations, Li Bin said that the Weilai brand will not release new models next year and will focus more on selling good cars right now.

Li Bin estimates that after the seasonality in the first quarter of next year, the sales benchmark of the Weilai brand currently on sale is 20,000 vehicles. It is reported that the Alps, the second brand of Yulai, will release its first model next year. He revealed that Alps located in the home market, there will be only three models in the whole life cycle.

He pointed out that due to insufficient infrastructure and soaring lithium prices in the previous two years, the high-end pure electric vehicle market has not yet broken out, but combined with the current market trend, it can be judged that 2024-2025 will be the inflection point of explosive growth in the high-end pure electric new energy vehicle market.

Related readings:

"Weilai Li Bin: all car companies can discuss power exchange and transformation. Today, a certain car company has signed a contract."

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