Recently, Evergrande Automobile announced its results:
In the past five years, Evergrande Automobile has accumulated a loss of 110.841 billion yuan (including a loss of 12 billion yuan in 2023 and a loss of 27.6 billion yuan in 2022), and a total of 1,389 cars have been delivered.
Image source network
More than 1,300 cars were sold, with a loss of more than 110 billion, and after calculation, on average, for each Hengchi car sold, it will lose nearly 100 million!
Have you ever seen such an expensive car?
I'm afraid that the only thing that can compete is the PPT car built by Jia Yueting who will return to China next week, right?
A wave of unevenness has risen again and again
Huge losses are already a certainty, but "blessing and misfortune are not alone"
In addition, Evergrande Lao Xu and other executives were "arrested one after another", and Evergrande Automobile was also "thunderous" in other aspects
The Middle East tyrant Newton Group, which originally planned to invest in Evergrande Automobile, was also scared to run away overnight, and the life-saving money that was supposed to invest 500 million US dollars (about 3.6 billion yuan) was also "lost", and there is a high probability that there will be no turning back.
Termination of Agreement with Newton Group
After all, there is a comparison before it hurts, next door Xiaomi spent 3 years and 10 billion yuan to build the car su7, and after Lei Jun personally attended the press conference, the first batch of car lock orders exceeded 40,000 units.
The first batch of locked orders for Xiaomi cars
Compared with Evergrande that has been caused by 5 years and 10 years, smashed hundreds of billions of dollars, and has not sold a few cars, it is inevitable not to think deeply, are they causing or playing some games?
Evergrande is not the only one that is losing money, and the new forces are currently facing losses
Of course, Evergrande can't be completely blamed for not being able to build a car, because he invested in Jia Yueting at the beginning, and Lao Jia's cause is more expensive than Evergrande, according to Jia Yueting's announcement in 2023, "In the past 9 years, we have invested about 3 billion US dollars (equivalent to 21.7 billion yuan) to make FF an emerging electric vehicle leader", so how many cars has Jia Yueting delivered? 11. Later, due to airbag problems, all 11 vehicles were recalled.
Jia Yueting's FF created a loneliness
The key is that Jia Yueting also connotates millet cottage culture and takes shortcuts.
Jia Yueting's article connotates Xiaomi plagiarism
The problem is that Xiaomi has at least built a car, but what about you?
It can only be said that they are "drunkards do not mean to be in the car"
Because building a car is only the first step, if the car sales do not reach a certain scale, it will continue to lose money.
For example, among the new domestic forces, Weilai lost 20.7 billion yuan last year, and a car lost about 130,000 yuan;
Xpeng lost 10.3 billion, a car lost 70,000, Zerorun lost 4.2 billion, and so on.
In short, building a car is really burning money, but there are really few like Evergrande?
So finally, Tietie, will you buy Evergrande Motors?