This article is from WeChat official account:autocarweekly (ID: autocarweekly), author: West District plum, from the head of FIG: visual China
Before chatting with friends from investment banks, he said a sentence I now remember: domestic capital, four to five years is considered a long-term strategic investment.
When I think about it, this sentence really makes sense. Weilai was established in 2014, and Li Bin was named the worst person in 2019. 2020 will be even more magnificent. New car companies such as Bojun, Byton, and Tianji have been in crisis one after another. The first two were established in 2016. Tianji’s predecessor, Dianca, was established in 2015. Anyway, four or five years will be the time limit for strategic investment, and a wave of liquidation is required.
Except for Weilai, Ideal, and Xiaopeng, plus a Weimar that raised 10 billion last year, no one dares to say that they have gone ashore.
And this year’s survivors have no right to “live” anymore. The industry has progressed to such an extent that there are very few capital players remaining in the field. If they are just “alive”, it is equivalent to “waiting for death”. Just “alive” is meaningless, and the ranger and Bojun are also still there. Alive, but…
Screenshot from “Let the Bullets Fly”
2021 is destined to be more cruel.
Not much money, but fortunately, no one grabs it
From the capital market