New forces are accelerating the reshuffle of car manufacturing, and another car company was exposed to suspend work and take holidays.

The cold wave is coming, and car companies have been exposed frequently and are facing a "shuffle" in the industry. Now that the country has significantly tightened subsidies, this is especially true for marginal car companies as new forces. Recently, there is another "About Part" "Notice of employee holidays" was exposed.

According to the exposed notice, affected by factors such as national policies, the new energy vehicle consumer market environment, and changes in national and local policies, the company is currently encountering periodic experience difficulties and will implement adjustments and changes. A holiday will be arranged for all company personnel starting from November 1, 2019, and will be notified before the end date.

According to media reports, the car company involved is a new car manufacturer. Min'an Automobile, which started from parts, was established in 2013. Its full name is Jiangsu Min'an Electric Vehicle Co., Ltd., owned by Zhantu (China) Investment Co., Ltd. and Huai'an Development Holdings Co., Ltd. were jointly invested and established. Among them, Zhantu is a wholly-owned subsidiary of Taiwan's Minshi Group. Minshi Group is a world-renowned auto parts manufacturer known for its high-end exterior parts and its main customers. There are BMW, Mercedes-Benz, Audi, Volkswagen, Toyota, etc.

It is understood that Min'an Automobile received approval for the pure electric passenger vehicle project from the National Development and Reform Commission in 2016, becoming the fifth company to obtain a new energy vehicle production qualification license, earlier than Weilai, Weimar, and High-profile car manufacturing companies such as Xpeng and Chehejia. However, after obtaining the new energy vehicle production qualification license, it has been unable to launch its products.

According to the official introduction, the construction project of Min'an Automobile's Huai'an production base was officially launched in early 2017. The total investment of the project is 8.3 billion yuan, and the planned area is 947 acres. After the factory is fully completed, it can achieve a maximum annual output of 80,000 yuan. A pure electric car.

As more and more new car companies join in, whoever delivers the goods first will be the first to eat the "crab". Min'an Automobile has also begun to shorten and simplify the verification tests. link.

It was not until July 2018 that Min'an Automobile's first pure electric SUV model, internally codenamed "A2001", officially rolled off the assembly line. The car will then enter the experimental verification stage, and the mass-produced car is planned to go on sale at the end of 2019 or early 2020. This means that Min An Auto’s first model may take less than two years from testing to launch, which can’t help but make people worry about its quality control issues.

In fact, Min'an Automobile has already experienced financial difficulties and even defaulted on payments to suppliers. In order to control costs, the company started laying off employees a year ago. Through multiple layoffs, Min'an Automobile has dropped from nearly 800 employees during the production qualification review in November 2018 to less than 300 now. These 300 employees include all R&D personnel, financial and management personnel, purchasing and quality personnel, Logistics personnel, trial production experiment personnel, front-line production employees, etc., among which there are only about 100 R&D personnel left.

Even though the Ministry of Industry and Information Technology has released the application information for Jiangsu Minan Automobile’s first mass-produced model, the MX-6. However, it requires a large amount of capital investment, and the company's senior management suspended the mold development work on the pretext of product optimization and improvement. The mold development of the A2001 model has not been completed, so the connection debugging and acceptance work of the stamping, welding, painting, and final assembly production lines cannot be carried out. Due to the suspension of mold development, the model could not be put into production, and the production introduction work has actually made no progress.

Min'an Automobile is currently facing operating difficulties, indicating that the "shuffle" of new car-making forces has begun. Even car companies like NIO, a leading new force, are facing difficulties again and again, let alone A fringe car company that has never even unveiled a model.

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