290 billion auto leaders join hands with Ali to kill Xinneng car!

category:Finance
 290 billion auto leaders join hands with Ali to kill Xinneng car!


10 billion level

SAIC cooperates with Ali to invest in pure electric vehicles

On November 26, SAIC Group (600104. SH) announced that the company plans to jointly invest with Shanghai Zhangjiang hi tech Park Development Co., Ltd. (hereinafter referred to as Zhangjiang High Tech) and Shanghai SAIC Hengxu Investment Management Co., Ltd. (hereinafter referred to as Hengxu capital) to establish a Shanghai Yuanjie intelligent technology equity investment fund partnership with a total amount of subscribed capital of RMB 7.2 billion, Among them, the company subscribed 5.399 billion yuan, holding 74.986% of its share; Zhang Jiang High Tech Co., Ltd. subscribed 1.8 billion yuan, holding 25% of its share; Hengxu capital subscribed a capital contribution of 0.01 million yuan, holding 0.014% of its share.

According to the announcement, the duration of Shanghai Yuanjie intelligent technology equity investment fund partnership (limited partnership) is 3-year investment period, 4-year management exit period and 2-year extension period. The fund plans to invest with Alibaba (China) Network Technology Co., Ltd. (including its designated subordinate investors) in the high-end intelligent pure electric vehicle project (tentatively named Zhiji automobile).

It is reported that SAIC and Ali will cooperate in the Internet of vehicles system and new retail. The initial round financing of this project has reached 10 billion yuan, which is the largest among the new forces in car making. Alibaba has made it clear that it will join the electric vehicle project. SAIC senior management disclosed. In the electric vehicle project, SAIC shares 54%, Pudong investment 18%, Ali 18%, and others 10%.

On the same day, SAIC also signed a strategic cooperation agreement with the Pudong New Area government in Shanghai center, which led to the new apartment layout automotive company, Chi Chi Auto first landing in Pudong. This means that SAIC, Pudong New Area and Alibaba will jointly participate in the high-end intelligent pure electric vehicle project Zhiji automobile. According to SAIC Groups announcement, Zhiji automobile is positioned as a high-end pure electric market, and will create a new electronic and electrical architecture.

Ma Yun and Ma Huateng

Aiming at the field of new energy vehicles

In fact, as early as March last year, Alibaba aimed at new energy vehicles. At that time, Alibaba, together with Tencent, Changan Automobile, Suning, FAW, Dongfeng, Nanjing pilot and other well-known enterprises, jointly invested and established Nanjing Lingxing equity investment partnership (limited partnership), with a scale of 9.76 billion yuan and a total amount of subscribed capital contribution.

Changan Automobile said in the announcement that the partnership intends to invest in the shared travel industry dominated by new energy vehicles and establish travel companies. Among them, the travel company is jointly funded by three state-owned automobile groups and leading companies in the Internet, finance, retail and other industries. The project aims to create a smart travel new ecology with network connectivity and sharing.

In terms of contribution proportion, the announcement shows that Tencent, Ali, Wuxi feiye, Rongxun and Nanjing HENGCHUANG have subscribed a total of 2.25 billion yuan, Suning 1.7 billion yuan, Changan, FAW and Dongfeng each have subscribed for 1.6 billion yuan, and segalli has 1 billion yuan.

The competition of new energy vehicle market at home and abroad is fierce

No matter at home or abroad, the competition of new energy vehicle market is becoming increasingly fierce.

In overseas markets, not long ago, General Motors announced that its bet on electric vehicles had increased to 27 billion US dollars (about 177.3 billion yuan), and it planned to launch 30 electric vehicles by 2025.

In June this year, Daimler group has invested more than 1 billion euro (about RMB 7.92 billion yuan) to develop the new energy industry, and plans to produce more than 500000 new energy vehicles annually in the near future.

Statistics show that Tesla accounted for nearly 60% of the total sales of electric vehicles in the United States last year, and Tesla is still the leader in the global electric vehicle market.

For the trend of the new energy vehicle industry, Chinas favorable policies continue. On November 2, the general office of the State Council issued the new energy vehicle industry development plan (2021-2035) (hereinafter referred to as the plan). According to the plan, by 2025, the average electric power consumption of pure electric passenger cars will be reduced to 12 kwh / 100 km, and the sales of new energy vehicles will reach about 20% of the total sales volume of new automobiles. The highly automatic driving vehicles will be commercialized in restricted areas and specific scenarios, and the convenience of charging and replacing electric services will be significantly improved. Huatai Securities Research Report believes that after three consecutive years of decline in auto sales, demand returns to the growth track, and the industry is expected to enter an upward cycle from 2021 to 2022. With consumption upgrading and structural improvement, the price of passenger cars is expected to continue to rise. In terms of new energy vehicles, it will get rid of the disturbance of subsidies and attract private consumers with high-quality products. Source: China Fund News Editor in charge: Yang Bin_ NF4368

For the trend of the new energy vehicle industry, Chinas favorable policies continue. On November 2, the general office of the State Council issued the new energy vehicle industry development plan (2021-2035) (hereinafter referred to as the plan). According to the plan, by 2025, the average electric power consumption of pure electric passenger cars will be reduced to 12 kwh / 100 km, and the sales of new energy vehicles will reach about 20% of the total sales volume of new automobiles. The highly automatic driving vehicles will be commercialized in restricted areas and specific scenarios, and the convenience of charging and replacing electric services will be significantly improved.

Huatai Securities Research Report believes that after three consecutive years of decline in auto sales, demand returns to the growth track, and the industry is expected to enter an upward cycle from 2021 to 2022. With consumption upgrading and structural improvement, the price of passenger cars is expected to continue to rise. In terms of new energy vehicles, it will get rid of the disturbance of subsidies and attract private consumers with high-quality products.