Porsche invested in Weilai? Official response said that subsidiaries invest in Weilai Capital

1 thought on “Porsche invested in Weilai? Official response said that subsidiaries invest in Weilai Capital”

  1. (Text/Peng Kefeng) On March 23, the market rumors were in the list of cooperation between Porsche, and the LOGO of Weilai "NIO" appeared, which once caused a guess of "Porsche's entry into Weilai". However, the news was quickly clarified. Porsche officially said that the company did not cooperate with Weilai Motors, but instead invested in "Niocapital" by Porscheventures.
    official information shows that Weilai Capital is a market -oriented private equity investment institution that manages the industrial fund independent of Weilai Automobile, focusing on mobile travel and future technology. It is said that Weilai Capital was established in 2016. Management partners include Li Bin, the founder and CEO of Weilai Automobile, and Zhu Yan and Yu Ning. In 2017, the first phase of the RMB fund completed the first delivery, and the first phase of the US dollar first -phase fund was completed.
    In public information shows that Weilai New Energy Industry Development Fund was jointly launched by Weilai New Energy Industry Development Fund, which was jointly launched by Weilai New Energy Industry Development Fund. 100 million yuan, the core investment field covers electric vehicles and related technologies, intelligent driving, networking and travel, new energy and energy Internet, new materials, advanced manufacturing, etc.
    For this market rumor, Weilai Capital also stated that it was indeed an investment company under Porsche to invest in Weilai Capital's first USD fund (Eveonel.p.), but did not disclose specific investment Amount.
    How to understand this incident? The summary is actually very simple. First, Porsche did not invest in Weilai Automobile, and the two parties did not reach any cooperation about automobile development 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 gained another wave of market attention for Weilai Automobile.
    This from the authors of the car home car, does not represent the point of view of the car home.

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