未卖一车却先被“卖身”，恒大汽车还有未来吗？

iFeng科技2021-08-11

1.2018年～2020年，恒大汽车每年都在亏损，三年亏损总计近136亿元，今年上半年，预亏48亿元。 2.恒大汽车早前发布了9款车型，但截至目前一车未卖。 3.造车前期投入堪比无底洞，负债压力下，或许恒大集团的“弃车保帅”是最为明智的出路。或许，从某种意义上，恒大汽车实现了许家印在2018年时定下的战略规划：“开辟一条不同于世界上任何造车企业的新的造车路。” 8月10日晚间，中国恒大发布公告称...

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精彩评论

YourCFP
2021-08-12
YourCFP
再漂亮的ppt在已经有了珠玉在前的头部玩家面前都要现原形。除非玩的不是制造业，而是镰刀业
- Wishonest:
  [微笑]
LNM888
2021-08-11
LNM888
Ok
- JamesKris:
  ok
- Henry1088:
  good
菲韭
2021-08-11
菲韭
还有戏么
GameKK
2021-08-11
GameKK
难啊[喷血] [喷血]
进击的徐小伟
2021-08-11
进击的徐小伟
一鲸落
微道
2021-08-11
微道
贾跃亭都有人买单就别操心这个了
- LNM888:
  Ok

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href=\"https://mp.weixin.qq.com/s/UNACQEWbdI5qafjKlcG6xw\">网页链接</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"00708","symbol_name":"恒大汽车","start_time":0,"source_url":"https://mp.weixin.qq.com/s/UNACQEWbdI5qafjKlcG6xw","article_id":"1144086028","we_media_id":null,"thumbnails":["https://static.tigerbbs.com/0f519b4c609a501229a54c03bd35e7a4"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1144086028","pubTimestamp":1628689184,"sourceInfo":{"source_id":"lsy1570585487130","name":"iFeng科技"},"weMediaInfo":null,"summary":"1.2018年～2020年，恒大汽车每年都在亏损，三年亏损总计近136亿元，今年上半年，预亏48亿元。\n2.恒大汽车早前发布了9款车型，但截至目前一车未卖。\n3.造车前期投入堪比无底洞，负债压力下，或","collect":0,"end_time":0,"defaultTopTitle":"qq.com","property":[],"viewcount":null,"language":"zh","relate_stocks":{"00708":"恒大汽车"},"translate_title":"Does EVERG VEHICLE have a future if it is sold first without selling a car?","themeId":null,"isJumpTheme":false,"ttsUrl":"https://static.tigerbbs.com/b4b12de83f287cb89c578a9014037365","symbols_score_info":{"00708":0.9},"content_text":"1.2018年～2020年，恒大汽车每年都在亏损，三年亏损总计近136亿元，今年上半年，预亏48亿元。\n2.恒大汽车早前发布了9款车型，但截至目前一车未卖。\n3.造车前期投入堪比无底洞，负债压力下，或许恒大集团的“弃车保帅”是最为明智的出路。\n或许，从某种意义上，恒大汽车实现了许家印在2018年时定下的战略规划：“开辟一条不同于世界上任何造车企业的新的造车路。”\n8月10日晚间，中国恒大发布公告称，目前正在与几家潜在的独立第三方投资者进行接触，探讨有关出售旗下部分资产，包括但不限于出售恒大新能源汽车及恒大物业集团的部分权益。\n就在前一天，恒大汽车发布了半年盈利预警，预计2021年上半年净亏损额48亿元，相较去年同期增长近96%。尽管亏损的原因主要由于拓展新能源汽车业务，需要进行固定资产、设备、技术研发等开支的投入，但是自2018年～2020年，恒大汽车每年都在亏损，三年亏损总计近136亿元。不仅如此，自2021年开始，恒大汽车的股价也一路高开低走，短短半年，便从最高点的72.45港元/股一路跌到近10港元/股，市值也从5000亿港元下跌到近1200亿港元，市值缩水数千亿。截至8月11日发稿，受恒大系整体利好影响，恒大汽车报价13.82港元，市值达到1350亿，有所增长。\n不管是许家印，还是深陷债务危机的恒大集团，想在恒大汽车上投入更多资金恐怕有些力不从心。2021年6月底，恒大集团有息负债额度总计达到近6000亿元，与2020年最高点相比，已经下降近3000亿元，但债务压力仍不容小觑。\n更何况就造车行业而言，前期的投入堪比无底洞，负债压力下，或许恒大集团的“弃车保帅”是最为明智的出路。\n被恒大拿来换钱“回血”？\n今年4月，恒大在上海车展期间，将其早前发布的9款车型进行了统一亮相，并公开表示，预计在2021年第四季度实现试生产，2022年开始进行大规模交付，2025年产销实现100万辆。另外，具有长寿命、高安全等性能的动力电池产品，也将于2021年下半年量产。\n按照此前恒大汽车首席财务官潘大荣的预测，恒大集团还将在2021年对恒大汽车投入90亿元进行造车，而随着汽车销量的增长，集团将不再对其进行投入，也可正常运营。\n反观造车新势力们，今年以来蔚来、理想、小鹏纷纷加大了研发投入，且均表示未来每年都会在研发投入上有所增加；小米也斥巨资进入造车领域，雷军更是做出未来10年投资100亿美元的计划；而当各大企业都在不遗余力的加大投入的时候，恒大汽车却在投入上“戛然而止”。\n有分析师表示，在很大程度上，恒大汽车缺乏知识产权的沉淀，很多技术、资质等汽车产业链的布局都是通过大手笔买来的，很难形成自己的核心壁垒。“恒大用房地产的模式造车，很难与汽车行业相融，再加上造车理念、行为方式的区别，要想在汽车行业获得一席之位并不容易。”上述分析师称。\n但许家印并不这么想。早在2018年，他就曾提出恒大汽车“换道超车”的战略部署：要把能买的核心技术、能买的企业都买来，如底盘、电池等；不能买、买不过来的，要推进全方面合作；与工程技术领域建立朋友圈；与全球五大汽车工程技术龙头达成合作等等。\n而在商业规划上，则计划同步研发15款车型，在全球建立10大整车生产基地，2～3年内，生产规模达到100万辆；10～15年内，超过500万辆。但计划赶不上变化，恒大汽车最终只有“被换道”的命运。\n谁来接盘恒大汽车？\n8月9日，在恒大发布公告前一天，一份疑似恒大合作企业名单流出，包含珠江投资、广州城投、越秀金控、华润、万科等央企正与恒大开展谈判。恒大方面对此向凤凰科技表示：暂不清楚具体细节，如果能与上述企业合作会非常开心，最终协议以公司公告为准。\n恒大汽车被出售，或许有助于安抚恒大集团债权人的心态，并且可以释放其未来流动性有所改善的信号。但对恒大汽车而言，却不是笔划算的买卖。\n2018年，当许家印没能促成恒大与贾跃亭FF的合作后，恒大汽车就成了许家印进入汽车领域的最后一张底牌。至此往后，恒大汽车开始围绕新能源汽车产业链进行收购。\n同年6月，恒大汽车以67.46亿港元收购香港时颖公司100%股份，间接获得Smart King公司(全资持有FF香港与FF美国)45%的股权，成为其第一大股东。三个月后又斥资近150亿元，收购汽车经销商广汇集团40%股份，成为其第二大股东，并打通后续经销商体系。\n不仅如此，恒大汽车还在2019年，相继收购了瑞典电动汽车公司NEVS、荷兰商用车轮毂电机驱动技术公司e-Traction等汽车产业链公司，进行相关技术的研发工作。\n在建厂方面，恒大汽车更是舍得投资。2019年分别投资1600亿元、1200亿元在广州南沙区及沈阳建设以新能源汽车为主的基地项目；2020年投资100亿，在上海建立恒大动力电机生产基地，年规划产能20万套电机，拟于2022年建成投产。\n但出手阔绰的恒大汽车，其实更像一个“空壳”，既没有自己的核心技术也没有车企的严谨。“哪有一家车企会同时发布9款车型？这已经违反了行业逻辑。”汽车领域分析师表示，成本很难在短期内消化下去。\n以造车新势力中的理想汽车为例，在2019年大规模量产后，仅有一款在售车型，2021年发布的理想ONE改款车型，也不过是在现款的基础上，对其自动驾驶辅助系统、增程电动系统等方面进行了系统性升级。\n可见多款车型同时发售，对任何一家造车企业而言，都不是件容易的事，更何况还是在没有量产的情况下，同时发布9款车型，无形中增加了多重压力。而对智能汽车行业来说，整个行业都处于加速发展的状态，今天的新款或许就会变成明天的旧款，停止产品的演进及更新便会成为“落后者”。\n而在成为“落后者”之前，恒大汽车必须要先把自己卖出去。","kind":null,"is_publish_news":true,"is_publish_highlight":true,"is_publish_live":null,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":895953418,"gmtCreate":1628719104434,"gmtModify":1633744963971,"author":{"id":"3569263461157925","authorId":"3569263461157925","name":"YourCFP","avatar":"https://static.tigerbbs.com/a1f5e965075ba7b03f9c5aade30f04ed","vip":1,"crmLevel":4,"crmLevelSwitch":0},"htmlText":"再漂亮的ppt在已经有了珠玉在前的头部玩家面前都要现原形。除非玩的不是制造业，而是镰刀业","listText":"再漂亮的ppt在已经有了珠玉在前的头部玩家面前都要现原形。除非玩的不是制造业，而是镰刀业","text":"再漂亮的ppt在已经有了珠玉在前的头部玩家面前都要现原形。除非玩的不是制造业，而是镰刀业","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/895953418","repostId":1144086028,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5529324,"gmtCreate":1628980066578,"gmtModify":1635151537800,"authorId":3582234586447453,"author":{"id":3582234586447453,"authorId":3582234586447453,"name":"Wishonest","avatar":"https://static.tigerbbs.com/172444fe348e722381bd6cf837b52614","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":895953418,"type":1,"supId":0,"prevId":0,"content":"[微笑]","text":"[微笑]","html":"[微笑]"}],"langContent":"CN"},{"id":895059712,"gmtCreate":1628696144436,"gmtModify":1633745027995,"author":{"id":"4088090190949440","authorId":"4088090190949440","name":"LNM888","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/895059712","repostId":1144086028,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5497491,"gmtCreate":1628697787132,"gmtModify":1635154118741,"authorId":3585719690699119,"author":{"id":3585719690699119,"authorId":3585719690699119,"name":"JamesKris","avatar":"https://static.tigerbbs.com/aac2589582efca37b2cdcc183a8aed4a","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":895059712,"type":1,"supId":0,"prevId":0,"content":"ok","text":"ok","html":"ok"},{"id":5497915,"gmtCreate":1628704059882,"gmtModify":1635154086487,"authorId":3586861699655404,"author":{"id":3586861699655404,"authorId":3586861699655404,"name":"Henry1088","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":895059712,"type":1,"supId":0,"prevId":0,"content":"<u>good</u>","text":"<u>good</u>","html":"<u>good</u>"}],"langContent":"EN"},{"id":895086753,"gmtCreate":1628694535272,"gmtModify":1628694535272,"author":{"id":"3557367555968241","authorId":"3557367555968241","name":"菲韭","avatar":"https://static.tigerbbs.com/01db3083792a9a8a082c603b4be09eb7","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"还有戏么","listText":"还有戏么","text":"还有戏么","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/895086753","repostId":1144086028,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":892777721,"gmtCreate":1628692067063,"gmtModify":1633745072326,"author":{"id":"4088386243148540","authorId":"4088386243148540","name":"GameKK","avatar":"https://static.tigerbbs.com/ed3c81dc8da48a854ab4181a657cdc43","vip":1,"crmLevel":1,"crmLevelSwitch":0},"htmlText":"难啊[喷血]&nbsp;[喷血]&nbsp;","listText":"难啊[喷血]&nbsp;[喷血]&nbsp;","text":"难啊[喷血] 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