Weilai Automobile will receive the investment of Hefei government10 billion yuan, and it is expected to land in two months.

Chedongxi

Words? |? Han Xiao

According to the website of Hefei Municipal Government, Hefei held the signing ceremony of major industrial projects in Hefei in 2020 and the launching ceremony of EC6 mass production project of Jianghuai Weilai Automobile Factory in Hefei today.

At the event site, Hefei Municipal Government signed the strategic cooperation between Weilai China Headquarters, China Electronics and China Resources Group, and made it clear that the investment amount of four projects, including Weilai China Headquarters, exceeded 654.38+0 billion yuan.

▲ At the signing ceremony of major projects in Hefei, Li Bin (right) was in red in the first row.

According to the analysis of existing local government investment cases, when some local governments invest in some enterprises, they often require enterprises to set up relevant branches and factories in the local area, and even set their headquarters here to stimulate local economic development and employment.

Weilai China is headquartered in Shanghai. The signing of the China headquarters project in Hefei this time means that the Hefei government may have invested in Weilai Automobile.

In this regard, Che Dongxi quickly contacted Li Bin, the founder of Weilai Automobile, and asked him if the signing of the Weilai headquarters project meant that Hefei government would invest in Weilai. Li Bin confirmed that "that's what it means".

Subsequently, Qin, president of Weilai Automobile, also confirmed to Chedong that the project investment is 654.38+0 billion yuan, which means that the Hefei Municipal Government will organize 654.38+0 billion yuan to invest in Weilai Automobile. At present, the two sides are signing a framework agreement, which is expected to be finalized and landed in two months.

In the second half of 20 19, Weilai Automobile once faced the risk of food shortage due to continuous losses, and the outside world paid close attention to its financing progress. Beijing Yizhuang SDIC, Guangzhou Automobile and Geely all have "scandals", but none of them are true.

Finally, Anhui local government, the owner of JAC, its own manufacturing partner, provided help. In addition, the Hefei Municipal Government also held signing ceremony in the factories of Jianghuai Weilai in Anhui Province and Hefei City. The leaders watched the live demonstration of Weilai Automobile's power exchange at the scene, which also reflected that the local government attached great importance to Weilai Automobile.

First, Wei has been full of "gossip" for half a year.

Since the second half of 20 19, Weilai Automobile has faced the risk of food shortage due to continuous losses, and the outside world has paid special attention to its financing progress.

From the beginning of 2020, Wei Lai first heard the scandal with GAC. It is reported that GAC will invest hundreds of millions of dollars in Weilai, but the dust has not yet settled.

Since February 6th this year, Weilai has twice announced that it has obtained $654.38+0 billion in convertible bond financing, which is considered as a life-saving money of $200 million (about 654.38+0.4 billion RMB).

According to Weilai's financial report, it lost more than 2 billion yuan in a single quarter, and the life-saving money of 65.438+0.4 billion yuan is obviously not a long-term solution. Therefore, Weilai still needs more capital to enter in order to ensure sound development.

A few days before the signing of this contract, it was reported that Geely would invest 300 million US dollars (about 265,438+billion RMB) in Weilai, but before the two sides had further news, Hefei government took the lead in signing the Weilai headquarters project with Weilai, which indicated that Geely and GAC might give up their investment.

Second, excellent sales performance is the key for Weilai to obtain financing.

Although Weilai's process of obtaining financing is slightly tortuous, from the market performance of its products, obtaining financing is also expected.

According to official data of Weilai, in 20 19, Weilai delivered a total of 20,565 vehicles, an increase of 8 1% year-on-year, with gratifying results. Before, no independent brand could sell more than 350 thousand models to 20 thousand units.

▲ Weilai Automobile was delivered in 20 19.

According to the retail data of China Automotive Research Data Center, Weilai ES8 sold a total of 9,259 vehicles in 2065,438+09, ranking sixth among seven domestic large SUVs (including fuel vehicles), and the sales volume was the same as that of Tesla models. X is basically the same, and sales of large fuel SUVs such as Land Rover Discovery, lexus LX, BMW X7 and Cadillac XT6 are also lower than those of Weilai.

▲ Sales ranking of large luxury SUVs

However, it should be noted that the Weilai ES8 is almost the cheapest model in this list, so this comparison is strictly unfair. In contrast, the sales ranking of medium-sized SUVs is relatively fairer.

According to the retail data of China Automotive Research Data Center, in 2065,438+065,438+0490 ES6 vehicles were sold, ranking 65,438+02 in the mainstream medium-sized SUV sales ranking. The sales of Land Rover Star Pulse, Aurora, Acura RDX and Jaguar F-PACE are also lower than those of Weilai.

▲ Sales ranking of mainstream luxury medium-sized SUVs

▲ Luxury brand pure electric SUV sales ranking

It can be seen that Weilai is the only independent brand in the above two rankings. In fact, according to the sales volume of luxury brand SUV 2065438+February 2009, Weilai is in an advantageous position in the luxury pure electric SUV market segment even compared with Mercedes-Benz EQC, Audi e-tron and other models.

It is these achievements that enabled Weilai to have an affair with GAC and Geely, and at a critical moment, he got a life-saving money of 200 million US dollars (about 65.438+04 billion US dollars) and the last shot of the Hefei government.

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