The richest moment for the new car-making forces: Weilai Ideal Tucki's cash reserves exceeded 52.5 billion.

On August 3 1 day, Beijing time, Weilai announced the scale and pricing of a new round of issuance. According to the contents of the announcement, the issue price is1700 million US dollars, and the estimated total financing exceeds1700 million US dollars. ?

Weilai official said that the funds raised are mainly used to increase the holding of Weilai China shares, exercise the right to buy back Weilai China shares, and increase the research and development of autonomous driving technology and the expansion of the global market. ?

By 2020, Weilai (including Weilai China) will raise more than RMB 2 1 billion through various financing tools such as convertible bonds financing, equity financing and fixed income financing.

Since the establishment of 20 14, Weilai has raised more than 66 billion RMB through the primary and secondary markets, which is about 10 billion USD. At present, the cash reserve in Weilai's account exceeds 20 billion RMB, which is the most cash flow since Weilai was established. ?

In fact, at this stage, China's new car-making forces listed in the US stock market have the most abundant cash flow (Weilai+Ideal+Tucki, with accumulated cash reserves exceeding 52.5 billion). Except Weilai, Ideality and Tucki, they all got a lot of cash support through Pre-IPO and US IPO, which is the result of the soaring market value of Tesla. ?

With a large amount of cash reserves, how can Weilai, Ideality and Tucki spend (burn) their money?

0 1? Weilai plus code automatic driving

After solving the funding problem, Weilai decided to increase the autopilot R&D of NioPilot. In 20 19, Weilai experienced a serious financial crisis, and the layoffs included NioPilot's team. ?

Solved the financial problem, as the core of smart label, Weilai must make up this piece. On August 13, Director Ren of Momenta R&D, the first unicorn with automatic driving, officially joined Weilai as assistant vice president, reporting directly to Li Bin.

Ren Shaoqing is responsible for Weilai's autonomous driving related business. According to Che Zhijun's information, Weilai is currently building an autonomous driving team for the new assistant vice president, and the leading team will be mainly in Beijing. ?

More information shows that Ren, as an assistant vice president of airborne, reports directly to. On the one hand, it means that Weilai attaches great importance to the self-driving NioPilot. On the other hand, the problem to be faced is the running-in problem. It will take time to prove whether the young Ren Shaoqing can fully integrate into Weilai's system.

For Ren Shaoqing, joining Weilai is an opportunity to prove himself. With the support of funds, talents, scenes and Li Bin, Ren needs to lead the team to make some achievements. The future performance of NioPilot and the PK of Tesla's autonomous driving may be a focus that needs attention. ?

In addition to overweight autopilot, Weilai is also ambitious in other cooperation areas, including the launch of Baas services and investments from Contemporary Ampere Technology Co., Ltd. and Guotai Junan International. Li Bin and Weilai define Baas service as a pawn for Weilai to break the pattern of battery industry, and also a service for Weilai to open up new profit growth points. ?

According to the Q2 financial report released on August 1 1, Weilai's gross profit has officially turned positive, and the gross profit margin of the whole vehicle is 8.4%, which means that Weilai is no longer losing money in selling cars. More importantly, Weilai's revenue scale grew rapidly, with Q2 increasing by 146.5% year-on-year and 177.6% quarter-on-quarter.

The gross profit is positive, the revenue scale has increased substantially, and the development of new Baas services has expanded profits. With the support of a fixed increase of 654.38+0.7 billion US dollars, Weilai is confident to re-add autopilot. ?

02? Do you have money? How to spend it

At this stage, it is the time when the big three US stocks are listed, and Tucki's new strength, ideals and cash flow are the most abundant. ?

According to IPO documents, the ideal pre-IPO cash reserve is $654.38+$003 million, which has been raised through IPO. At present, its cash flow exceeds US$ 2 billion, which is about RMB 65.438+0.4 billion. Xpeng Motors is more exaggerated. After IPO, the cash flow on the account exceeded $2.7 billion, about RMB 654.38+08.5 billion. ?

Weilai's cash flow exceeds 20 billion, the ideal exceeds 654.38+0.4 billion, and Tucki exceeds 654.38+0.85 billion. The cash flow of these three companies exceeds 52.5 billion yuan. This is definitely the most abundant cash flow since Li Xiang and He started their business. I have to say, thanks to Tesla. ?

Weilai is determined to increase autonomous driving. In fact, the ideal is to increase technology research and development. In August, the media reported that the ideal ushered in the first CTO-Wang Kai, the chief architect of Visteon, which is also the first CTO of the new force of China automobile manufacturing. ?

According to the data, Wang Kai is committed to highly integrated automotive electronics research and development in Visteon, including ADAS, digital instrument panel, infotainment system, etc. In 2020, Li officially launched independent research and development in core areas such as electronic and electrical architecture, domain controller and real-time operating system.

In fact, both Weilai Plus Autopilot R&D and Wang Kai Plus Technology R&D are aimed at Tesla. Tesla's redesigned automotive electronic and electrical architecture is the core foundation of its realization of vehicle OTA and one of its biggest core competitiveness at present.

Theoretically and practically, Tucki, which has been flaunting smart labels, will definitely increase scientific research and development. With sufficient financial support, Weilai, Ideality and Tucki are confident to develop overweight technology. Tesla's influence on the automobile industry is really too great. Many traditional car companies and first-class suppliers are recruiting software talents and redesigning the automotive electronic and electrical architecture. ?

With the support of sufficient cash and sales, I hope that the new car-making forces can refer to Tesla and redesign their electronic and electrical architecture, domain controller and real-time operating system. The time window is about three years, because Huawei is in full swing. Apple cars are also ready to go.

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