The new forces of car building are ushering in a new round of large-scale staff increase and reshuffle.
On April 3, Byd Company Limited(002594) officially announced that the whole vehicle production of fuel vehicles would be stopped from March 2022. In the future, Byd Company Limited(002594) will focus on pure electric and plug-in hybrid vehicles in the automotive sector. This indicates that Byd Company Limited(002594) has become the first auto company in the world to officially announce the shutdown of fuel vehicles.
In essence, the pattern of the new forces of car making is quietly changing. In the past, "Wei Xiaoli" was known as the representative of the new forces of car making, but combined with the recent production and marketing data and business actions of relevant new energy brands, this title will be rewritten. In terms of the sales volume of the new forces of car making in March, ai'an delivered about 20000 vehicles, ranking first in the sales volume, Xiaopeng delivered about 15000 vehicles, ranking second temporarily, and Nezha, ideal, Zero run and Weilai delivered about 12000 vehicles, 11000 vehicles, 10000 vehicles and 9000 vehicles respectively.
Byd Company Limited(002594) monthly production and sales of new energy vehicles exceeded 100000
Carefully check Byd Company Limited(002594) past production and marketing express, which has already made a layout for the steering of electrification. Since June 2021, the year-on-year growth rate of cumulative sales of Byd Company Limited(002594) fuel vehicles began to become negative. In 2021, the sales volume of Byd Company Limited(002594) fuel vehicles was 136300, a year-on-year decrease of 42.54%, and the sales volume of new energy vehicles was Suzhou Douson Drilling&Production Equipment Co.Ltd(603800) , a year-on-year increase of 218%.
According to the March production and sales express disclosed on Byd Company Limited(002594) 4 April 5, the monthly production and sales of new energy vehicles exceeded 100000 for the first time. Compared with the same period last year, it increased by more than 400%. The cumulative output in the first quarter was 287500, which has exceeded the sum of the first eight months of last year; In March this year, the production and sales of fuel vehicles were zero, while in the same period last year, the gap between the production of fuel vehicles and new energy vehicles was not very large, with the production of 17000 fuel vehicles and 21500 new energy vehicles.
"In essence, Byd Company Limited(002594) has a low technical level of fuel vehicles and is not very competitive in the market. From the data, the sales volume is small, the economies of scale can not be achieved, and it is difficult to generate profits. Therefore, Byd Company Limited(002594) stopping the production of fuel vehicles is a successful way." Zhang Xiang, President of New Energy Vehicle Technology Research Institute of Jiangxi new energy technology vocational college, told the reporter of Securities Daily.
Qin Ruohan, general manager of Jinhua fund, told reporters that from the financial report of Byd Company Limited(002594) the contribution of electric vehicles (including pure electric and hybrid) has occupied an absolute advantage. Although the gross profit margin of car manufacturing has declined in recent years, making this strategic choice at this time will not affect the overall performance of Byd Company Limited(002594) and can also be more in line with the concept of double carbon and improve its social image.
ai'an joins the competition and the new force combination of "Ai Xiaowei" appears
In the new forces of car making, the most familiar title should be "Wei Xiaoli". However, from the data point of view, this combination will be changed due to the addition of ai'an.
Judging from the production and sales volume in March and the annual data of 2021, ai'an ranks first in the field of Shanxi Guoxin Energy Corporation Limited(600617) complete vehicles. In 2021, about 123000 vehicles will be delivered in Ethiopia, about 98000 in Xiaopeng, about 91000 in Weilai, and about 90000 in ideal delivery.
On March 31, Guangzhou Automobile Group Co.Ltd(601238) general manager Feng Xingya clearly put forward the combined title of "Ai Xiaowei" in an interview with reporters at the performance conference.
He said that the goal of the mixed reform of ai'an is to turn the current new power of car making into "Ai Xiaowei", and let ai'an fully establish a capital driven market competition mechanism, from a single shareholder to a public company, and from a traditional manufacturing enterprise to a science and technology enterprise. Ai'an has the advantage of traditional car making technology, which many new forces do not have.
"In the combination of pure electric vehicles, there are mainly ai'an, Xiaopeng and Weilai, and the ideal vehicle is oil electric hybrid; in terms of sales volume, the sales volume of ai'an also ranks first in the combination of pure electric vehicles, which may be the logic that ai'an defines the target of hybrid reform as' AI Xiaowei '." Qin Ruohan thinks.
At present, gac-e'an has completed capital increase and share expansion. The investors include employee stock ownership platform and three strategic investors such as industrial investment AIAN fund, China Chengtong and China Southern Power Grid. The valuation of e'an has reached 39 billion yuan. As of April 1, the stock market value of Guangzhou Automobile Group Co.Ltd(601238) a was about 120 billion yuan; As of April 4, in the Hong Kong stock market, Weilai's market value was HK $309.7 billion, Xiaopeng's market value was HK $210.3 billion, and the ideal market value was HK $233.6 billion.
Zhang Xiang believes that "at present, the capital market is very fond of new energy vehicle technology companies, so there is a new power of car making. The brand sales volume is less than 1 / 10 of that of traditional car enterprises, but the stock market value is much higher than that of traditional car enterprises. Tesla 'weixiaoli' is a good case. AIAN is listed separately to improve the company's valuation."
Previously, several institutions predicted that gac-ea would be given a price earnings ratio of about 16 times, with an overall valuation of about 200 billion yuan.
