The delivery volume of Weilai Xiaopeng in November was record and its market value surpassed that of traditional automobile enterprises

category:Finance
 The delivery volume of Weilai Xiaopeng in November was record and its market value surpassed that of traditional automobile enterprises


Compared with the speed of production innovation, the market value of new forces of car making seems to be running faster. By the end of November 30, the market value of Weilai reached 68.2 billion US dollars, ranking the second in the market value of Chinese automobile enterprises. The market value of Xiaopeng is 42.3 billion US dollars.

According to the official data released by Weilai, 5291 units were delivered in November 2020, and more than 5000 units were delivered after October, setting a new record of brand monthly delivery for the fourth consecutive month, and doubling year-on-year for the eighth consecutive month since April this year. Among them, Weilai ec6 delivered 1518 sets, with a month on month increase of 71.9%, becoming a benchmark model of high-end sedan SUV. Statistics show that Weilai has delivered 36700 units in 2020, up 111.1% year on year.

As of November, Weilai has opened 189 stores nationwide, including 22 Weilai centers and 167 Weilai spaces. Its sales network covers 111 cities in China. Weilai stressed that the expansion of sales network is still in hot progress. At the same time, Weilai has continued to lay out power exchange stations. As of November, 164 power stations have been built, providing more than 1.32 million power exchange services for users.

According to the official data released by Xiaopeng automobile, the monthly delivery volume in November reached 4224, a year-on-year increase of 342%, a new high in 2020; from January to November in 2020, a total of 21341 units were delivered, with a year-on-year increase of 87%.

Among them, the monthly delivery volume of Xiaopeng P7 was 2732, with a month on month increase of 30%, which broke the record of monthly delivery. Since the start of scale delivery at the end of June this year, Xiaopeng automobile has delivered 11371 units, setting the fastest record of new force brand single vehicle delivery breaking 10000 vehicles; Xiaopeng G3 delivered 1492 units in a single month, up 59% month on month, reaching a new high in 2020. From the perspective of service providers, Xiaopeng added 22 free charging service cities in November, covering 66 cities and 533 sites in China.

Catching up with and surpassing traditional automobile enterprises in market value

In fact, Weilai was still on the verge of delisting a year ago, and now its share price is soaring. As of November 30, the market value of Weilai reached 68.2 billion US dollars (about 448.196 billion yuan), second only to BYDs 466.6 billion yuan, making it the second largest auto company in China. By comparison, SAIC Group (600104), the third largest group, has a market value of 309.6 billion yuan. The current market value of Xiaopeng automobile is 42.3 billion US dollars (about 277.987 billion yuan). Ideal automobile, another new force in car making, has not yet released its November data. However, according to the data in October previously disclosed, ideal one delivered 3692 vehicles in the same month, setting a new record of single month delivery for three consecutive months. From January to October, the ideal one delivered 21900 vehicles in total. The total market value of ideal cars also reached $30.1 billion. We may as well wait and see how long the market value miracle of the three new automobile making forces can last. Source: Securities Times editor in charge: Yang Bin_ NF4368

In fact, Weilai was still on the verge of delisting a year ago, and now its share price is soaring. As of November 30, the market value of Weilai reached 68.2 billion US dollars (about 448.196 billion yuan), second only to BYDs 466.6 billion yuan, making it the second largest auto company in China. By comparison, SAIC Group (600104), the third largest group, has a market value of 309.6 billion yuan.

The current market value of Xiaopeng automobile is 42.3 billion US dollars (about 277.987 billion yuan).

Ideal automobile, another new force in car making, has not yet released its November data. However, according to the data in October previously disclosed, ideal one delivered 3692 vehicles in the same month, setting a new record of single month delivery for three consecutive months. From January to October, the ideal one delivered 21900 vehicles in total. The total market value of ideal cars also reached $30.1 billion.

We may as well wait and see how long the market value miracle of the three new automobile making forces can last.