Written by? /? Shanshan Liu
Editing?
Editing Niu Xiangshang
Design? /? Duane D. Kay. Kai
Image? /? Zhao Haoran
The new car-making forces can't escape the constraints of money after all, and even Evergrande Auto, which has always been known for its financial strength, has begun to seek external funding.
On September 15, China Evergrande New Energy Automobile Group Limited (hereinafter referred to as Evergrande Automobile) announced a new financing of HK$4 billion, with investors including Tencent, Sequoia Capital, Yunfeng Fund, and a number of well-known organizations, such as Dripping Travel.
On the 18th, Evergrande Automobile announced that the company's board of directors resolved to issue RMB shares and list them on the Shanghai Stock Exchange's Kechuan Board.
The above announcement of Evergrande Auto did not disclose more information, such as the size of the new share issue. In the announcement, the company also specifically said that the RMB share issue may or may not go ahead as it is subject to necessary regulatory approvals.
Specifically, Evergrande Automobile placed 177 million new shares, representing 2.04% of the current total share capital and 2% of the enlarged total share capital after the completion of the subscription, at a placing price of HK$22.65 per share. Prior to this placing, Evergrande?Health?Industry?Holdings?Limited, the placing shareholder, held 74.99% of Evergrande Automobile's shares, which was reduced to 73.50% after the completion of the placing and the subscription, and remains the controlling shareholder.
Despite the fact that in the context of the SEC's relaxation of the conditions for enterprises to "return to A", including Geely Automobile, Dongfeng Group shares and other automobile enterprises have launched the plan to re-list on the Kechuan Board or GEM Board, but Evergrande Automobile's move is still given more interpretation by the market.
Some analysts believe that Evergrande Auto has changed its previous "buy buy buy" bravado, frequent external financing, to a certain extent, suggesting that the major shareholder China Evergrande is also "surplus food will be exhausted".
On the same day, Azalea announced that it had signed an agreement with one of the shareholders of Azalea China, Hefei Jianheng New Energy Vehicle Investment Fund Partnership (Limited Partnership) on September 16th, and that NIO?Nextev redeemed 50% of the equity stake currently held by the fund in Azalea China, which is equivalent to 8.6% of the equity stake in Azalea China.
Azalea said it will use a portion of the proceeds from the additional new shares it issued in August of this year to pay for this redemption and cash contribution to Azalea China. Upon completion of the share redemption, Azalea will hold a combined 84.5 percent controlling stake in Azalea China. In addition, Azalea (Anhui) Holdings Limited has been approved to change its name to Azalea Holdings Limited.
At the same time, the "Azera suing Liu Yue" case, which was a big deal in November last year, came to an end.
In November 2019, Liu Yue, the owner of the self-media "Shibei", published the article "Azalea Automobile is negotiating with a number of law firms for bankruptcy and liquidation", which had a great negative impact on Azalea Automobile.
The company then took Liu Yue to court. Recently, the case has been finalized.
Some people are busy looking for money, some are busy with technology. This is a norm for new car-making forces today.
A few days ago, Chinese Express announced that the development of the L4 fully autonomous valet parking system (AVP) was completed in Shanghai, and the development was completed in ? High Hopper HiPhi?X production vehicle to complete testing into pilot production.
It is the first domestic L4 fully autonomous valet parking system based on vehicle-circuit coordination to be landed on a mass-produced electric vehicle, its official said.
The fully autonomous valet parking system AVP (Automated?Valet?Parking) is an L4 high-level autonomous driving developed based on vehicle-road synergy. Pre-constructed roadside sensing equipment such as LiDAR, and communication and computing equipment in the parking area, to realize the recognition and tracking of the vehicle location, surrounding obstacles, and through 5G?Vehicle-Road Collaboration to send the scheduling information, vehicle positioning, obstacles, and other information to the vehicle, which will automatically drive and park into the parking space.
The vehicle owner gets off the vehicle at the parking area, and the vehicle drives into the parking lot and parks into the parking space autonomously. The vehicle can also be activated via the APP to automatically drive out of the parking space and drive to the location specified by the user.
Meanwhile, Wilma is also preparing the way for L4 level autonomous driving.
Recently, Wilma Auto presented its hot-selling model, Wilma EX5-Z, at the 22nd China International Industry Fair and released a new product line consisting of Intelligent?Cockpit, Digital?Architecture, EIC (platformized three-electricity system), and Autonomous? Driving (automatic driving core skills) composed of "IdeaL4" new technology strategy, intended to accelerate the 5G and L4 and other forward-looking technology in the smart car to realize the first landing, the fastest mass production.
Also for the sake of a better consumer experience, Nezha Auto, Chinese Express, and Weimar are different in that they are focusing this week on the power-up service.
On September 15, Ne Zha Auto's "Intelligent Service Upgrade - Ne Zha Plus Power" was officially launched in Beijing.
"Nezha Power Up" is an intelligent power-up service launched by Nezha Auto to solve the pain points of users' charging difficulties in traveling, covering two parts: "Power Up on Behalf of Customers" and "Nezha Intelligent Fast Charging Station". The service includes two parts: "Valet Charging" and "Nezha Intelligent Fast Charging Station", and provides users with an easy and comfortable charging service that is extremely intelligent, convenient and safe.
Valet refueling. Users can place an order through the APP, make a reservation with one click, and the charging specialist will take the order on site to pick up the vehicle and provide charging services. Users can follow the charging progress and check the vehicle positioning in real time through the Ne Zha Auto APP, and evaluate the overall experience, so as to let the car come back with full charge. With no waiting time, users can say goodbye to waiting and enjoy their leisure time with their families.
N吒智能快充站.
On the day of the conference, Ne Zha Auto's self-built charging station in Wangsiying, Beijing was officially opened.
At the same time, Ne Zha Auto also introduced a number of preferential benefits for the first users of the Beijing Nezha U who purchased their cars before the end of 2020: 48 valet refills for the first year for users without charging piles, which will support the users' mileage of 20,000 kilometers; and 6 valet refills for the first year for users with charging piles, which will satisfy the users' need for emergency refills.
On the same day, the Ne Zha Auto Intelligent Safety Experience Camp opened in Beijing.
On September 15, Ideal Auto announced that Mr. Kai Wang has been appointed as the company's Chief Technology Officer (CTO), with overall responsibility for the research and development and mass production of smart car-related technologies, including electrical and electronic architecture, smart cockpit, autonomous driving, platform development, and Li?OS real-time operating system.
Kai Wang has 18 years of core technology R&D and management experience in the automotive and cell phone industries. Before joining Ideal Auto, he worked for Visteon, a global technology company, for 8 years, up to the position of Visteon's Global Chief Architect and Director of Autonomous Driving, where he was responsible for the company's software and hardware product line planning and implementation. He was also the core founding designer of SmartCore?, the world's first mass-produced automotive-grade cockpit center domain controller, and DriveCore?, an open and scalable autonomous driving platform.
On September 18th, Xiaopeng Automobile announced that it will bring the P7 and G3i to the Beijing Auto Show.
The Xiaopeng G3i is based on the evolution of Xiaopeng's first smart car, the Xiaopeng G3. It has a NEDC combined range of up to 520 kilometers. In addition, the car is equipped with the latest Xmart?OS?2.0 system in terms of intelligence, which can realize most of the same in-vehicle intelligence capabilities as the P7 model.
It is reported that the car has begun official batch deliveries after the Chengdu Auto Show at the end of July.
On September 19, Sky ME7, the first production model of Sky Motors, was officially launched, priced at 218,800-289,800 yuan after subsidies, positioning it as a mid-sized intelligent pure electric SUV, with two versions of NEDC integrated range of 530 km and 410 km.
The new car uses a ternary 622 system soft pack electric core, with an energy density of up to 258Wh/kg, matched with a Bosch flat copper wire permanent magnet synchronous motor, with a maximum power of up to 160kW and a maximum torque of 330Nm.
Officially, ME7 realizes?L2.5 automatic driving assistance, realizing 16 intelligent driving assistance functions including ACC adaptive cruise control, APA fully automatic parking, AEB active emergency braking function.
In addition, Skyline Motors has carried out nationwide work on charging pile adaptation in order to realize 100% compatibility of charging piles.
This article comes from the author of Auto Home Car, and does not represent the viewpoint position of Auto Home.