Porsche shares in Weilai? Porsche responded that it invested in Weilai Capital.

China Net Auto March 23rd? In the list of companies with which Porsche has established cooperation, Weilai "LOGO" has recently appeared. Porsche responded that it is not "the cooperation between Porsche and Weilai Automobile", but a venture capital company under Porsche (Porsche? Ventures) to "Weilai Capital" (NIO? Capital has been invested.

Weilai Capital is a market-oriented private equity investment institution, independent of Weilai Automobile's industrial fund, focusing on mobile travel and future technology. Porsche said that based on its insight and resources in the automotive field, Porsche Venture Capital made a strategic investment in it. In addition, Porsche Venture Capital spends10.50 billion euros a year to participate in young start-ups, mainly targeting companies in Europe, Israel, the United States and China.

This article comes from car home, the author of the car manufacturer, and does not represent car home's position.