On January 3, Weilai announced the second-hand car business. Li Bin, the founder, chairman and CEO of Weilai, stated that he would invest 3 billion yuan in the second-hand car business in the next five years. At the press conference, NIO announced the delivery data for December 2020 and the whole year.

According to the data, NIO delivered 7007 new cars in December, an increase of 32.4% from the previous month, setting a new high for the brand's monthly deliveries for the fifth consecutive month; a year-on-year increase of 121.0%, and achieving a year-on-year doubling for the ninth consecutive month since April this year. So far, Weilai has delivered 43,728 units in 2020, a year-on-year increase of 112.6%.

After Tesla Model Y released the price, it was reported on the Internet that “Tesla received 100,000 orders in a day, and Weilai unsubscribed soared.” At the press conference, Weilai co-founder and president Qin Lihong responded that the electric vehicle market has no Players' excellent results are worthy of everyone's delight. Tesla Model Y's pricing is in line with his product positioning, and the affordable price can also drive the electric vehicle market to better compete with the fuel vehicle market.

In addition, Qin Lihong said that Weilai’s overall orders are stable, and a large number of unsubscribed news is false. Anyone who knows Weilai knows that Weilai’s orders are never processed on the official website.

Li Bin said that the price of Tesla Model Y is lower than his expectations. When comparing pricing, the increase should be calculated a little bit. The value of services such as charging and replacement is very important. "I'm not surprised that Tesla will drop to more than 100,000 in the future. I think we will do our own thing. These things are what we expected."