According to the Securities Times, on the afternoon of April 9, WEILAI issued a note through its official website APP 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's vehicle production has been suspended. Due to the above reasons, many users' vehicles will be delayed in the near future.
Weilai said that the company will work with supply chain partners to strive for an early resumption of production under the premise of meeting the requirements of epidemic prevention.
Under the epidemic, almost all car companies are facing pressure from the supply chain level. In February this year, Great Wall Motor's production and sales fell significantly, and the core reason was also due to the insufficient supply of body electronic stability systems (ESP) produced by bosch, the exclusive supplier.
A few days ago, NIO just released the March delivery data. In March, NIO delivered 9,985 new vehicles, up 37.6% year-on-year. In the first quarter of this year, NIO delivered 25,800 new cars, an increase of 28.5% year-on-year.
It is worth noting that although WEILAI's delivery volume in the first quarter of this year has recovered, it still falls out of the "first echelon" of the delivery volume of new car-making forces. According to public data, in the first quarter of this year, Xiaopeng Automobile delivered 34,600 units, an increase of 260% year-on-year, ranking first in the list; ideal automobile delivered 31,800 units, an increase of 152.1% year-on-year; Nezha Automobile's cumulative sales of 30,200 vehicles, an increase of 305% year-on-year; and Xiaopeng Automobile delivered 34,600 units.
We see the current Weilai Automobile suddenly announced the suspension of the whole vehicle, many people will be very surprised, what is going on, after all, Weilai Automobile currently has a good delivery data, before such a good state, suddenly announced the suspension of production, no doubt will give the market a relatively large impact, how should we look at this matter?
First of all, the phenomenon of Weilai Automobile's production suspension is actually a very normal phenomenon, the reason for this is that since last year, in fact, the various automobile supply chain companies have actually more or less different degrees of problems, the earliest is the shortage of chips, and then the new energy vehicle battery supply chain shortage phenomenon, coupled with the large-scale price increase of lithium carbonate, the final result is that the entire market is in a state of serious supply chain tightness, After this year, affected by the large-scale fluctuations of the entire market, in fact, the supply chain system of Weilai Automobile is more fragile, coupled with the impact of the epidemic, the final result is that Weilai Automobile has fallen into a state of serious supply chain recession. Under the situation that the supply chain is difficult to ensure continuous supply, Weilai Automobile is forced to choose to stop production, which is actually a manifestation of the overall capacity of the supply chain.
Secondly, the suspension of Weilai Automobile is actually not its own reason, it can be said that a considerable extent is affected by objective environmental factors, but we see that other automobile companies are still insisting on production, representing the ability to control the supply chain, Weilai Automobile may still have certain deficiencies compared to other enterprises, but the gap between this deficiency is still relatively small, can only say that the current Weilai Automobile is facing a relatively large challenge, if affected by the epidemic, If its supply chain cannot be effectively restored in a short period of time, the market pressure on WEIlai Automobile may be even greater.
Third, for the current entire Chinese new energy automobile industry, perhaps each company must have the awareness of danger in times of peace, the suspension of Weilai Automobile does not represent its own problems, more on behalf of the pressure facing the entire industrial chain, if the company at this time does not try to improve their supply chain control capabilities, it is likely that there will be a similar situation, and if a large number of shutdowns appear, it is undoubtedly very unfavorable for the development of new energy vehicles, and the cognition of the entire capital market is also very unfavorable.