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Porsche investment weilai? The official response said that the subsidiary invested in Weilai Capital.
(Text/Peng Kefeng) On March 23, the market rumored that the LOGO of Weilai "NIO" appeared in the list of companies with which Porsche established cooperation, which once triggered the speculation that "Porsche shares in Weilai". However, this news was quickly clarified. Porsche officials said that the company did not cooperate with Weilai Automobile, but a venture capital company of Porsche (Porsche? Ventures) to "Weilai Capital" (NIO? Capital has been invested.

According to official data, Weilai Capital is a market-oriented private equity investment institution, which manages industrial funds independent of Weilai Automobile and focuses on mobile travel and future technologies. It is said that Weilai Capital was established on 20 16, and its managing partners include Li Bin, Zhu Yan and Yu Ning, founders and CEOs of Weilai Automobile. On 20 17, the first phase of RMB funds was delivered, and on 20 18, the first phase of USD funds was delivered.

According to public information, Weilai New Energy Industry Development Fund, the first RMB fund managed by Weilai Capital, was jointly established by Weilai Automobile, Sequoia China, Gaoyao Capital and Changjiang Industry Fund with a target scale of 6,543.8+billion yuan. Its core investment areas cover electric vehicles and related technologies, intelligent driving, vehicle networking and travel, new energy and energy Internet, new materials and advanced manufacturing.

For this market rumor, Weilai Capital also said that it is indeed the first dollar fund (Eve? One? L.p.) investment, but did not disclose the specific investment amount.

How to understand this incident? To sum up, it is actually very simple. First, Porsche did not invest in Weilai Automobile, and the two sides did not reach any cooperation on automobile R&D and business. Second, as a venture capital company, Porsche's subsidiaries have the right to invest in any fund. However, this oolong incident has successfully won another wave of market attention for Weilai Automobile.

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