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Nezha CEO Zhang Yong: The goal is to be the first new force and achieve 500,000 sales in three years at most

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Nezha Motors launched its latest Nezha S on the evening of July 31, with CEO Zhang Yong shouting the slogan “The next phase is to be the number one new power”.

Zhang Yong said that as of July 31, Nezha has 355 stores in 26 provinces and 206 cities. There are now 2,431 free charging stations and 21,566 fast charging piles nationwide.

According to the 21st Century Business Herald, Zhang Yong said they could achieve a cumulative sales record of 500,000 units in two to three years.

According to our internal calculations, with sales of 300,000 to 500,000 units, Nezha will have the ability to initially form a scale, break even and have a safe cash flow, and be able to rely on financing to build blood.

Two years at most three years, I think this goal is not a particularly difficult goal. Of course, this goal is achieved ahead of schedule because the market situation is good, the general trend is good, and we are taking advantage of the situation.

Nezha Auto’s July sales figures show that Nezha V and Nezha U delivered a total of 14,037 units in July (including 1,382 units exported overseas), up 133.5 percent year-over-year; 77,168 units were delivered from January to July, up 184.6 percent year-over-year.

In comparing Nezha with the new car makers, Zhang Yong said.

We must admit that Nezha is by far the front runner among the new car makers, in terms of business operations, market users and capital markets.

For the next route, he said.

Combined with our next-generation product platform, commercial platform development, from the second half of last year we have been doing things in this regard, the core components market three years later to form a batch, now need to do some technology reserves and industrial reserves. For example, the current silicon carbide motor, and some range-extending systems, heat pumps, CTC chassis, including supercomputing platform, computing platform of large computing power, we have different teams in doing. In the fourth quarter, we will release some R&D results in the components industry, and the next step will be industrialized mass production.

In short, the market is more mature, we do not do, we want to do is two or three years later is the direction of the parts business, mainly self-supply, two or three years is expected to achieve 500,000 or more sales, one is for the cost, the second is for efficiency, their own supply of their own R & D, iteration speed, better cost control. Therefore, those who can form their own intellectual property rights of the core components, to do their own.

For everyone concerned about Huawei cooperation, he said.

We have two TA Pilot systems, one is TA Pilot4.0, which is Huawei’s MDC chip, and the LIDAR is also Huawei’s. Other system integration, algorithms, decision making, and electronic control are all done by us.

Huawei is only the traditional role of parts suppliers, not Huawei inside.

In fact, Huawei is doing very well, the technical force is also very good, the team’s service concept and spirit is also very good, looking for them is actually a saving. But considering that we are to do a series, platform models, each model will have to do a brand new subject, there are some adaptive development work, this model may be very good with it, but the next generation is not still have to go to him, iterative experience and optimization speed is slow in the long run, the first car may be fast, but the second and third car cost and efficiency is not so high.

For other competitors, such as Xiaomi, Baidu, etc., he said.

These two years learned a few things, become more introverted, do not easily break others life and death, your final success has its own strength and ability, and the general trend, the timing is not right, the time to be listed is not on, issued the first product point back, other competitors are out, is a sea of blood, with the timing, the general trend, but also depends on luck. We are from others feel impossible among the walk out, as if the first step still stand. Some companies are naturally born with a halo, I do not want to evaluate others. Doing well for yourself is most important.

For the impact of 360, he said.

I think 360, Ningde, Huading, and some other investment partners have brought us a lot of resources, some bring some collision of ideas, some bring some resource support, not only 360, is all shareholders, I think these investors in the industry chain to support us quite a lot.

At present, we are cooperating with 360 in vehicle safety and intelligent car safety, and we are doing development in an intensive manner.

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