Changan Automobile holds hands with Weilai or establishes a new energy automobile company

The traditional auto industry is accelerating the integration of more Internet genes; Internet car companies are also taking advantage of the traditional car companies to achieve strategic layout. On April 9, Weilai Automobile and Changan Automobile (15.880, 0.01, 0.06%) signed a strategic cooperation agreement. The two parties will cooperate in the field of research and development, production, sales and service in the field of intelligent network new energy vehicles. At the same time, the two parties intend to set up a joint venture company, which focuses on R&D, sales and service of new energy vehicles.

Founded more than two years ago, Weilai Auto is a global electric vehicle company founded by Internet companies and entrepreneurs with hundreds of millions of dollars, including Internet company Tencent, founder of the car Li Bin, founder of the car home Li Xiang, Jingdong founding Liu Qiandong and Gaochun Capital jointly initiated the establishment. Weilai Auto has established R&D, design and business facilities in Silicon Valley, Munich, Germany, Shanghai, China, Beijing, China, Hong Kong and London.

At the beginning of the establishment of Weilai Automobile, Changan Automobile expressed its strong interest in this. This time, the two sides finally "hand in hand". Before cooperating with Changan Automobile, Weilai Automobile has cooperated with Jianghuai to produce electric vehicles. Although Weilai Automobile does not have the qualification to manufacture new energy vehicles, it has been able to produce electric vehicles and enjoy financial subsidies and policy support through cooperation with JAC.

“The cooperation with JAC is mainly reflected in the manufacturing level, but we will have comprehensive cooperation with Changan, including R&D, production, sales, service and supply chain. Our cooperation with Changan is the second foundry and second. The concept of a manufacturing partner, we want to set up a new company, launch our own products, and will work together to study a new model." Li Bin, founder and chairman of Weilai Automobile, said that this comprehensive cooperation will be based on the Internet. Thinking and user's ultimate experience is the concept, user-centered reconstruction of the car sales system, exploring new business models such as battery leasing, scheduled sales, membership sales, and creating a new energy vehicle marketing platform.

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