8 month 12 Day in the morning , Wei Lai has released 2021 Second quarter results of . data display , Weilai's revenue in the second quarter was 84.5 One hundred million yuan , Significant year-on-year growth 127.2%, Exceed market expectations . Rich cash reserves , achieve 483.2 One hundred million yuan ; The net loss in the second quarter was 5.9 One hundred million yuan , Compared with the same period last year 12 Billion net loss , Weilai's losses are still shrinking .
And at the second quarter earnings call , The founder of Weilai automobile 、 The chairman and CEO Li Bin revealed important news about the new brand , It is said that the preparations for Weilai to enter the mass market have been accelerated , Will enter the mass market through new brands , At present, a core team has been established , Took an important step .
Q2 The statement still lost money but was better than expected
2021 In the second quarter of, the delivery volume of Weilai automobile was 21896 car , These include 4433 car ES8,9935 car ES6,7528 car EC6, a 2020 Second quarter growth 111.9%, a 2021 Growth in the first quarter of 9.2%.
The sales volume of Weilai automobile is 79.118 RMB 100 million , Year-on-year growth 127.0%, rose 6.8%; Because sales doubled year-on-year in the second quarter , Make the profits of Weilai automobile further improve .
Although the net loss narrowed year-on-year , But and Q1 Quarter to quarter , Losses have widened by nearly 30%, The gross profit margin of the company's complete vehicles and comprehensive gross profit margin fell , However, it was narrowed compared with the second quarter of last year 50.1%.
Results show that , Wei to Q2 Gross profit margin of vehicle sales 20.3%, Comprehensive gross margin 18.6%, By contrast , The company Q1 The gross profit margin of the whole vehicle is 21.2%、 The comprehensive gross profit rate is 19.5%. Wei to Q2 The gross profit margin fell month on month or due to the rise of sales costs and R & D expenses . Results show that , Wei to Q2 Selling cost 68.7 One hundred million yuan , rose 101.5%; The R & D cost is about 8.8 One hundred million yuan , rose 62.1%.
Official expression , The increase in sales costs is mainly related to Q2 The increase in new car delivery is related to , R & D expenses and Q2 New products 、 Technology R & D and the increase in the number of R & D personnel .
Research and development of autopilot assistance , Chairman and chairman of Weilai Automobile Co., Ltd CEO Li Bin said ：“ The current team size 500 people , There will be more at the end of the year 300 people , achieve 800 Human size .” In addition, he also said that Weilai's R & D expenses this year are 50 RMB , At present, several R & D projects have been launched , R & D expenses are expected to increase significantly in the third quarter .
And in terms of delivery , Li Bin also said , In terms of new car delivery , Weilai Motor Co., Ltd. had a total of... In the second quarter 21,896 A new car is delivered , There is a slight increase compared with the last quarter .
According to the association data , In the first half of this year, the penetration rate of electric vehicles in the Chinese market reached 8.4%. The penetration rate of Weilai in the first and second tier cities is also rising rapidly . Weilai's monthly new orders continue to grow , However, at present, the upper limit of delivery is mainly affected by the supply side , expect 2021 The total delivery volume in the third quarter of 2014 will reach 23000 To 25000 Between the tables , Expected year-on-year growth 88.4%-104.8%, rose 5.0%-14.2%.
Three new cars and new sub brands
Increase R & D investment , It means that Weilai's new products are speeding up , Weilai is preparing to launch new products quickly to seize the market . Li Bin said ：“ As the global penetration of electric vehicles began to reach a critical point , We think it necessary to speed up the introduction of new products , Provide more high-end intelligent electric vehicle products .”
New car planning , Wei Lai Yu 2022 The annual delivery will include ET7 Including three NT2.0 The platform is a new model , at present ET7 Our research and development went very smoothly , Delivery is expected to follow the previous plan . The other two cars, although not too much talk about , But it's rumored to be a trumpet ET7 Of ET5, And the brand new SUV ES7.
Li Bin disclosed in the earnings conference call , Weilai's preparations for entering the mass market have also been accelerated . They will enter the mass market through new brands , At present, a core team has been established , Took an important step .
And Jianghuai Weilai factory is also expanding , It is expected that the single shift will be reached by the end of this year 15 Thousands of cars 、 Double shift 30 Annual production capacity of 10000 vehicles , Ensure a steady increase in delivery .
But Li Bin also stressed , It will be sold next month 「 Ten thousand 、 Twenty thousand 、 thirty thousand 」 In fact, the expectation does not include Weilai's sub brand , Just for NIO Single brand .
According to relevant media reports , front WeWork AI tie, general manager of Greater China, will be the vice president of Weilai strategic new business , Responsible for the development of sub brands , The price of sub brand models is 15-20 Between ten thousand . And in this price market , Wei Lai and Xiao Peng 、 Goodway 、 The public 、 BYD is competing head-on .
There is no denying that , At present, Weilai has become a medium and high-end SUV A competitive brand in the market . In order to seize more market share , We can also see that Weilai is actively developing and launching new products , And positioning lower sub brands through price , Further seize more markets . These actions are showing , Wei Lai has greater ambition , And is moving towards the goal step by step .