It is more appropriate to use "one after another" to describe the "good" news of the new car-making forces in July. Before 10, Weilai China obtained a comprehensive credit line of 104 billion and signed contracts with six banks. 1 1 In the early morning of July 30, 2008, Li submitted a prospectus to the US SEC, which was scheduled to be held on July 36, 5438.
Once upon a time, there were market rumors that Xpeng Motors secretly submitted IPO documents to US stocks and planned to go public from July to September this year. At that time, Xpeng's response of "no comment on market rumors" was ambiguous, but it was almost equivalent to the default in the eyes of Happy Car. Now, sure enough, although the life of China auto market has not been easy in recent years, and it is not easy to get financing of $500 million, the example of Li's loss of 4 billion in two years is also alive.
In fact, it was premeditated.
On July 20th, Xpeng Motors announced the completion of nearly $500 million in C+ financing. According to the poster pushed by Xpeng Auto's official WeChat, the main investors in this round of financing are Aspex, Coatue, Gaoyou Capital and Sequoia China, and the funds are mainly used for new car research and development, marketing channels and driverless software.
In fact, as early as more than a month ago, there were rumors that Xpeng Motors, a new force in car manufacturing, secretly submitted IPO documents to US stocks. The overall listing plan is expected to be completed between July and September this year, and investment banks such as JPMorgan Chase and Goldman Sachs have been hired, among which JPMorgan Chase is the lead underwriter. However, at that time, the official response of Xpeng Automobile was, "We don't comment on market rumors, and Xpeng Automobile will pay close attention to the development of the capital market to seize financing opportunities that are conducive to enterprise development."
However, according to the data of the national enterprise credit information publicity system, it was during that time that the shareholders of Guangzhou Orange Line Zhidong Automobile Technology Co., Ltd., the main operating body of Xpeng Automobile, changed. Among them, Guangzhou Penghang Investment Management Enterprise (Limited Partnership), Hangzhou Ali Venture Capital Co., Ltd. and 27 shareholders withdrew from the ranks of shareholders. In fact, before Li formally submitted the prospectus, 65,438+065,438+0 shareholders had pledged their shares. It can be seen that it is only a matter of time before Xpeng goes on the market.
We are serious about financing.
According to incomplete statistics, since the establishment of 20 15, Xpeng Automobile has completed 9 rounds of financing, from Angel Round in April of 20 15 to A Round in May of 20 17, and then to B Round in February of 20 18. It is only eight months before the latest C round of financing.
As for the financing parties, from the previous Microlight Venture Capital and Niuzi Fund, to Lei Jun of Xiaomi, Yu Yongfu of Ali, even to Foxconn and IDG Capital, as well as Chunhua Capital, Morningstar Capital and Gaoyao Capital, we must know that after the completion of the B+ round financing agreement, the valuation of Xpeng Automobile has reached nearly 25 billion yuan, and 20 19 years is 19.
As we all know, in late June this year, COVID-19 broke out suddenly in 65438+ 10, and the automobile industry pressed the "pause button", and the production and sales basically stopped in February, and the production and business activities of enterprises began to resume in March, and the situation improved slightly. Generally speaking, the impact of the epidemic is inevitable. Although the overall automobile production and marketing situation is obviously better than expected, the cumulative overall automobile production and marketing is still negative. It can be seen that it is not easy to successfully get nearly $500 million in financing at this juncture.
Where is the future?
But don't be too happy. Someone shouted to go public, but he lost 4 billion in two years. This man is an "ideal comrade".
As mentioned above, 10 days ago, Li submitted a prospectus to the US Securities and Exchange Commission, and planned to raise up to $65,438 billion through IPO to apply for listing on Nasdaq. If all goes well, Li will become the second domestic new energy automobile company listed in the United States after Weilai Automobile.
But the problem is that in the prospectus released in July of 10, we can clearly see the net losses of Li 2015.32 million yuan, 20192.438 billion yuan and 2020 Q 165438.
But even so, according to the latest terminal retail data released by China Automobile Data, Li Yi? June sales 189 1 vehicle. From June to June 2020, Li ONE sold a total of 9,666 vehicles, surpassing Lexus RX? 450h, Weilai ES8, Tesla model? The total sales of X city accounts for 46% of the total sales of the top ten. At least, Li's sales are obvious to all.
On the other hand, Xpeng Motors, not to mention that Tucki P7, which has the highest voice, began to deliver to the outside world on June 28th, even the performance of Tucki G3, which is on sale, is unremarkable. According to the sales data of Passenger Transport Association in May, in May 2020, Weilai ES6 ranked first, and Tucki G3 ranked ninth with monthly sales of 954 vehicles, down 64.72% year-on-year. At present, the production capacity of Tucki P7 is in the climbing stage, and its Zhaoqing factory has just obtained the production qualification. There are still many running-in problems in the new factory that has just been put into production, and the production speed will definitely be affected.
Therefore, the financing of 500 million dollars is not good, and it is also a waste; Therefore, all non-profit financing is "hooliganism"; Therefore, in the new energy vehicle market, who can stand out is still unknown; Therefore, Xiu Yuan's road is long, and we should cherish it.
This article comes from car home, the author of the car manufacturer, and does not represent car home's position.