On July 20th, Xpeng Automobile announced the completion of the signing of the C+ round of financing with the participation of well-known investment institutions such as Aspex, Coatue, Gaoyao Capital and Sequoia China, with a financing amount of nearly 500 million US dollars. In the cold winter of the auto market, the financing of Xpeng Motors made the market "see new forces" again.
The reason why people regard others with special respect is because not long ago, Baiteng Automobile, Bojun Automobile and Lindsay Automobile were suspended due to financial problems, and it seems slim whether they can return blood. In addition to these three companies, new forces such as Singularity Auto and Sky Auto have not yet entered the market, which is worrying. It is not easy to build a car, but also catch up with the epidemic and the downward pressure on the auto market, not to mention whether there is room for growth in the market, and whether or not to find life-saving money is a life-and-death test.
Last year, Wang Xing, the founder of Meituan, commented on social networks that "only three new forces will survive in the future, namely the ideal Weilai Tucki". As an investor of Li, Wang Xing's remarks are not alarmist. In less than half a year, it seems that a sentence has become a prophecy.
Before Wang Xing said this, he invested 400 million dollars. In June, the US Mission once again blessed 500 million US dollars. Almost on the eve of the blessing, Li Xiang and his Li have been waiting to ring the bell on Wall Street. It is said that they will be listed at the end of this month. Although the company declined to comment, it is true that Li was absent from the Chengdu Auto Show held at the same time. Is there a coincidence between the two?
As for the reasons for the capital increase, Xpeng Motors made the following statement: The successful signing of this C+ round of financing fully reflects investors' confidence in Xpeng Motors' strategy, market positioning and long-term vision as a leader of smart electric vehicles in China.
Let's take a look at the "initial heart" of Xpeng Motors, the leading design, research and development and manufacturer of smart electric vehicles in China, which is committed to driving the transformation of smart electric vehicles through technology and data and leading the way of travel in the future. The track of smart cars has always been the insistence of Xpeng Motors. The first pure electric intelligent SUV, Tucki G3, was launched in February 20 18, and the second pure electric intelligent coupe, Tucki P7, was launched in April this year. In order to maintain the leading edge, the company has set up R&D institutions in Guangzhou, Beijing, Shanghai, Silicon Valley and San Diego, and the proportion of R&D personnel in the company has remained at around 60%.
In a set of data released at the end of last year, the number and proportion of patents of Xpeng Motors are enough to show that it is an automobile company that focuses on R&D, and even makes people wonder whether such a large-scale investment in R&D will affect the pace of marketization.
Unexpectedly, in the past six months, Xpeng Motors has made many landmark achievements, including the successful listing of the second smart coupe P7 in Tucki in April this year, and the smart factory in Zhaoqing, where Xpeng Motors with independent production capacity obtained production qualification in May this year. In terms of sales volume, Xpeng Motors is also firmly in the top spot of the new forces.
Wang Xing bought an extra ticket on the eve of ringing the bell, which has to remind people whether the $500 million financing of Xpeng Motors has reached the stage of sprinting IPO.
Combing the financing information of Xpeng Motors, there are multiple versions online. According to official data, after the completion of its B+ financing, the accumulated financing amount of Xpeng Motors is nearly 654.38+0 billion yuan. If you count the $400 million in the C round and nearly $500 million in the C+ round, the current financing amount in Xpeng Motors is about 654.38+06 billion yuan. (If the credit line obtained in the previous C round is added, the financing line of Xpeng Motors should be 20 billion. )
According to public information, the accumulated financing in Li is about 210.25 billion US dollars, nearly 654,380+0.5 billion RMB. If you count the previous "aborted" micro-electric vehicle project, Li is also a factory with two models. Judging from the rhythm of financing, products, factories and listing, the two are also in tune.
Xpeng Motors said that it will provide a smart electric vehicle experience for China's fast-growing and technology-oriented middle-end consumers. From the positioning point of view, although the "mid-end" of Xpeng Motors is different from Tesla, the core of smart electric is highly consistent, which seems to make the capital market see the market prospect of Xpeng Motors. After all, Tesla's current market value has recently surpassed the sum of Toyota, Volkswagen and Honda. The share price of Weilai Automobile, another new domestic force, also rose from 2. 1 USD, which bottomed out in March, to 16.4 USD in July. At this time, for the capital that has been waiting for five years, it may be a good time to hunt.
Just today, Yipin Jun also learned that the other two new forces of making cars are also on the IPO road, but the impact is the science and technology innovation board.
This article comes from car home, the author of the car manufacturer, and does not represent car home's position.