Ideal car raised $500 million for IPO in the US in the first half of the year?

category:Finance
 Ideal car raised $500 million for IPO in the US in the first half of the year?


Ideal automobile has gone through seven rounds of financing, with the disclosed financing amount of more than 10 billion yuan. The main investors are Mingshi capital, Jingwei investment, Shougang fund, Meihua venture capital, etc.

On August 16 last year, idealized automobile obtained the 530 million US dollars C round financing from Wang Xing, founder of meituan, resulting in the total financing amount of idealized automobile reaching 1.575 billion US dollars (about 11 billion yuan), and the companys valuation is 2.93 billion US dollars (about 20.6 billion yuan). If the IPO of ideal automobile in the United States is successful, it is of great significance for the development of its company.

It has to be said that there is a shortage of capital in China at this stage. The hot money has been invested in various new car companies in the early stage, but in the middle stage, due to many factors such as policy, market and users, it is not as enthusiastic as before. More and more capital is holding a wait-and-see attitude, which is not friendly to the ideal car just entering the market, but also because it has just experienced multiple changes.

On December 13, BAIC Hejia Information Technology Co., Ltd. changed its registered capital from 915 million yuan to 683 million yuan, a decrease of about 25%, and BAIC Hejia is the operation subject of ideal automobile. At the same time, many shareholders of ideal automobile withdrew, including 17 investors including Hangzhou shangyijiacheng investment management partnership (limited partnership), LanChi venture capital investment entity Tianjin LanChi Xinhe Investment Center (limited partnership) and Hubei Meihua Shengshi equity investment partnership (limited partnership). It can be seen that in the short four years since the establishment of ideal automobile, it is facing great pressure, especially under the influence of market and policy factors such as the gradual contraction of Chinas automobile market and the decline of new energy subsidies. According to the data, in November this year, 63061 new energy passenger vehicles were sold on insurance, up 28% month on month, down 43.7% year-on-year, which is also a year-on-year decline after the fall of subsidies and the implementation of the sixth national emission policy for five consecutive months. The cumulative sales volume of new energy vehicles in the first November of this year was 777231, up 22% year on year. After the delivery of the first car, the ideal car will produce 1530 new cars and deliver 1000 new cars. This sales figure still needs efforts. Source: editor in charge of interface news: Zhang Meiyu nf2100

On December 13, BAIC Hejia Information Technology Co., Ltd. changed its registered capital from 915 million yuan to 683 million yuan, a decrease of about 25%, and BAIC Hejia is the operation subject of ideal automobile. At the same time, many shareholders of ideal automobile withdrew, including 17 investors including Hangzhou shangyijiacheng investment management partnership (limited partnership), LanChi venture capital investment entity Tianjin LanChi Xinhe Investment Center (limited partnership) and Hubei Meihua Shengshi equity investment partnership (limited partnership).

It can be seen that in the short four years since the establishment of ideal automobile, it is facing great pressure, especially under the influence of market and policy factors such as the gradual contraction of Chinas automobile market and the decline of new energy subsidies.

After the delivery of the first car, the ideal car will produce 1530 new cars and deliver 1000 new cars. This sales figure still needs efforts.