What if Nezha's car goes bankrupt?

There was no evidence that Nezha was about to close down. According to the sales data and market performance of Nezha, the company's sales increased year by year, and it launched a new flagship model, Nezha S, to hit the high-end new energy market. Although Nezha had lost money, they had also taken measures to reverse the situation, such as the launch of the 200,000 yuan sports car Nezha GT. In addition, although there were reports that Nezha's factory in Nanning had stopped production, insiders said that this was because there was no need for so many production lines for the time being, not because the company had closed down. Therefore, according to the current information, the possibility of Nezha's car closing down was not high.

At present, there was not enough evidence to prove that Nezha would close down. Based on sales and development trends, Nezha's sales were increasing year by year. It had occupied a large part of the entry-level new energy vehicle market and had launched a flagship model to hit the high-end market. In addition, Nezha cars had not had any major quality problems, and new products were gradually improving, so sales would only continue to increase. Although there were reports of the suspension of work at the Guangxi plant, there were still other factories operating normally. Therefore, based on the current situation, the possibility of Nezha's car closing down was not high.

There was no indication that Nezha was about to close down. In fact, sales of Nezha cars have continued to grow over the past few years, reaching 63131 units in the first half of 2022. The brand had already occupied a certain share of the entry-level new energy vehicle market with its low price and high cost-performance ratio. It also launched its flagship model, Nezha S, in an attempt to break into the high-end new energy market. Although some netizens had negative views on Nezha's prospects, they did not provide conclusive evidence that the brand would go bankrupt. Therefore, it could be said that the possibility of Nezha's car closing down was not high.

Nezha achieved remarkable results in 2022. According to the data provided, the accumulated sales volume of Nezha reached 152,000 vehicles in 2022, with a year-on-year growth of 118%. It achieved year-on-year growth for 29 consecutive months, becoming the first new power brand with annual sales exceeding 150,000 vehicles. In addition to its success in the domestic market, Nezha Car also actively explored overseas markets and entered Thailand, Nepal, Israel, Myanmar and other places. In terms of products, Nezha launched a number of new models, including Nezha S, Nezha U and Nezha V, which were competitive in terms of intelligence and power. In addition, Nezha also carried out continuous financing and strengthened the layout of core technologies and components. Overall, Nezha achieved a breakthrough in 2022 and became the leader of the new power brands.

Nezha sold 15,091 cars in 2020, up 51% year-on-year. Although sales fell slightly in December, overall, sales in the fourth quarter were excellent, allowing Nezha to achieve full-year sales growth. However, Nezha has accumulated losses of more than 11.1 billion yuan in the past three years and is facing a lot of problems. In addition, Nezha's products were mainly concentrated in the low-end market, and its sales performance was not outstanding. Therefore, Nezha's sales growth in 2020 does not fully reflect its overall situation.

Nezha cars achieved significant growth in 2021. According to reports, the total sales of Nezha cars in 2021 rose by 362% year-on-year to nearly 70,000 units. The brand's two models, the Nezha UPro and the Nezha V series, performed well. The Nezha V series delivered 5280 vehicles in December and continued to sell well. In addition, Nezha plans to launch a number of new cars to further improve the product layout and gain more market share. In addition, Nezha also strengthened the construction of the intelligent technology research and development center, committed to improving the intelligent technology research and development capabilities and achievements. Although no specific target was mentioned, Nezha's sales target for 2021 was 40,000 units. Overall, Nezha achieved significant growth in 2021 and performed well in the market.

Nezha was an entry-level car. Nezha's product line included low-end entry-level models and mid-to-high-end flagship models. The entry-level Nezha V and Nezha U accounted for more than 70% of Nezha's sales. In addition, the average price of Nezha's single car was 99,000 yuan. Although Nezha had also launched high-end models, the brand recognition was still based on low-end entry-level models. Therefore, it could be said that Nezha was an entry-level car.

Nezha's offer ranged from 65,800 yuan to 338,800 yuan. The specific model price was as follows: - Nezha AYA: 65,800 - 80,800 yuan - Nezha V: 73,900 - 103,800 yuan - Nezha U: 118,800 - 176,800 yuan - Nezha X: 99,800 - 124,800 yuan - Nezha S: 154,800 - 224,800 yuan - Nezha MT: 188,800 - 226,800 yuan - Nezha L: No price available - Nezha V Pro: Starting from 76,900 yuan It should be noted that the above price is only for reference, and the actual price may change.

Nezha Car had already started preparations for its Hong Kong IPO. According to insiders, Nezha Car had already started preparations for an IPO in Hong Kong in the fourth quarter of 2023, and the cornerstone investment that had been signed had exceeded 2 billion yuan. In addition, Nezha L, a new large five-seater SUV under Nezha, would also be officially launched in April. However, information about the specific progress of the IPO, investors, and the purpose of the financing was not disclosed. Therefore, it can be concluded that Nezha has already started preparations for the Hong Kong IPO, but the specific details have not yet been made public.

Nezha was a car brand under Hezhong New Energy Vehicle Co., Ltd., which was founded in 2014 and was dedicated to the development and production of new energy vehicles. Nezha adhered to the development concept of "electric, intelligent and connected" and was committed to producing high-quality intelligent electric vehicles. Although some car owners were satisfied with the quality of Nezha's car and believed that the quality of its core components was reliable, there were also some car owners who complained about the quality of Nezha's car. Therefore, there is still some controversy about the regularity of Nezha cars.