On April 10, Weilai officially announced that the prices of its products would be adjusted from May 10. Among them, the starting price of es8, ES6 and ec6 models will be increased by 10000 yuan.
At the same time, Weilai also said that since March, the company’s supply chain partners have stopped production one after another. Affected by this, Weilai’s vehicle production has been suspended.
The soaring price of raw materials and the shortage of spare parts have brought huge supply chain crisis to automobile enterprises, and “ensuring supply and stabilizing price” has become the key for automobile enterprises to overcome these “barriers” in 2022.
price and performance improved simultaneously
Since the beginning of this year, affected by the continuous sharp rise in global raw material prices, Tesla, Byd Company Limited(002594) , Xiaopeng automobile and other auto enterprises have set off a “price rise tide”, with an increase ranging from thousands of yuan to 30000 yuan.
As the only car company in “Wei Xiaoli” that has not yet raised its price, Wei Lai finally couldn’t sit still. On April 10, it announced an adjustment to the price of its products, which will take effect from May 10. Weilai previously said in the fourth quarter earnings conference of 2021: “whether to adjust the price will be made flexibly according to the changes of the objective environment.”
It is understood that this price adjustment includes multiple products. At the vehicle end, the starting price of Weilai es8, ES6 and ec6 models will be increased by 10000 yuan; The starting prices of Weilai et7 and et5 remain unchanged. In terms of baas battery rental price, the rental service fee of long-life battery pack battery is adjusted from 1480 yuan / month to 1680 yuan / month, and the rental service fee of standard life battery pack battery remains unchanged at 980 yuan / month; Users who have purchased cars are not affected by this adjustment.
In addition, the price of the battery pack is adjusted to 9800 yuan / year; The price of flexible monthly upgrade remains unchanged at 880 yuan / month. For users who pay es8, ES6, ec6, et7 deposit or et5 deposit before May 9, 2022 (inclusive), the car purchase and battery rental prices are not affected by this adjustment.
In addition to the price increase, Weilai has also made great improvements in the performance of new products. Weilai said that 2022 es8, ES6 and ec6 are expected to be released in late May The 2022 model will significantly upgrade the intelligent hardware, including 8155 chip, 360 look around camera and 5g module, and the performance will be greatly improved. The price of upgraded models and batteries will be raised. Weilai will also provide intelligent cockpit hardware post installation and upgrading services for existing es8, ES6 and ec6 users at a preferential price.
supply chain challenges intensify
Just the day before the price rise, Weilai released a statement on the recent production and delivery, saying that since March, due to the epidemic, the company’s supply chain partners in Jilin, Shanghai, Jiangsu and other places have stopped production one after another, and have not yet recovered. Affected by this, Weilai vehicle production has been suspended.
“A car can’t produce a single part.” Li Bin, CEO of Weilai, said, “affected by the epidemic in Changchun and Hebei, some of our parts were cut off in mid March and reluctantly supported by some parts inventory until last week. Recently, we encountered the epidemic in Shanghai, Jiangsu and other places, and many partners were unable to supply goods and had to suspend production. This situation is not ours alone. Many manufacturers have suspended production.”
“The warehouse inventory is basically cleared, and there are a lot of orders in hand. I don’t dare to accept new orders in the near future.” The person in charge of an auto parts enterprise in Jiangsu told the China Securities Journal that due to the factory shutdown, small parts such as auto caliper screws and wipers are in short supply recently, but the production capacity recovers rapidly. Once the work is resumed, you can work overtime in a short time to make delivery in advance.
Contemporary Amperex Technology Co.Limited(300750) 4, the leading manufacturer of power batteries, told the China Securities Journal on April 10 that the government had temporarily upgraded epidemic prevention and control measures due to the recent epidemic in Ningde. The company attached great importance to it and strengthened communication and coordination with relevant government departments for epidemic prevention at the first time. At present, in order to maximize the market supply, the company strictly adopts grid management measures to ensure the orderly production of Ningde base.
In addition, vehicle manufacturers are also accelerating the layout to the upstream resource end to further strengthen the stability of the supply chain. Musk recently posted on social media that the price of lithium has reached a crazy level. Tesla may directly enter the mining and refining field on a large scale, otherwise the cost will increase significantly.
Volkswagen recently announced that it has signed a memorandum of understanding on strategic cooperation with Zhejiang Huayou Cobalt Co.Ltd(603799) , Castle Peak Group, and the three parties will form a joint venture to jointly invest in the development of nickel and cobalt resources in Indonesia, build a nickel and cobalt raw material manufacturing system for new energy power batteries with global competitiveness, and build an advanced power battery raw material manufacturing base.
