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10 electric car companies invested by Xiaomi
Lei Jun shows off his wealth and said that Xiaomi has money and can afford it. At the end of 2020, Xiaomi’s account has a cash flow of 108 billion yuan, which is enough to help Xiaomi Automobile through the early stage of research and development. It is expected to invest 10 billion US dollars in the next 10 years. 100 million yuan.
Picture source: Xiaomi
Lei Jun rejected the initiative to invest in the door and set up a wholly-owned subsidiary to do it himself.
This is a risky decision. Building a car is very expensive. At present, most new energy companies are still at a loss. In 2020, Weilai lost 5.304 billion yuan, Xiaopeng lost 2.732 billion yuan, and the ideal loss was 152 million yuan.
Lei Jun’s second greatest confidence is that Xiaomi has a research and development team of more than 10,000 people, and it is expected to increase by 5,000 this year. The news of Xiaomi’s recruitment of automotive engineers and R&D personnel has long been circulated in the outside world.
The greatest confidence lies in the encouragement of peers and the establishment of ecology. In the past few years, Xiaomi has invested in nearly 10 electric vehicle companies. The most far-reaching influence on Lei Jun’s decision to build a car must be the investment in Weilai and Xiaopeng.
Looking at more than 500 investment events publicly disclosed by Shunwei Capital Investment, we have basically assembled 10 electric vehicle-related companies invested by Lei Jun.
In addition to Weilai and Xiaopeng, who built front-end cars, Suzhou Oyikes, who made automotive electronic and electronic control products, Zhixing and Momenta, who developed autonomous driving systems, worked as a lidar for Beixian and researched automotive technology. Carmi Technology, a new technology for in-car intelligent interaction, intelligent voice and car home interconnection, Kay Lide for map navigation, and Ruimi for in-vehicle intelligent hardware.
Image source: IT Times
If you include approximately 20 automotive aftermarket companies invested by Shunwei Capital, such as Shima Travel, which sells new energy vehicles to rural areas, and sells new energy vehicles, second-hand trading and recycling of U-power technology, The e-commerce car product store for auto supplies, the car dealers who sell cars, the car auto insurance recommended by auto insurance intelligence, and the car repair and maintenance of Kaisi Auto Parts, Hao Auto Parts, Hao Fast Province and Bima Wenyang Car Network.
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Building a car in Xiaomi mobile phone mode?
Picture source: Network
From the perspective of investment layout, Xiaomi’s layout in the key area of new energy vehicle batteries is still blank.
Recall that the shared power bank Monster Charging invested by Xiaomi is about to go to the US for IPO, will Monster Charging extend its antennae to the car battery and turn on the battery exchange mode of the Weilai Group?
Boldly imagine that in the future, Mi Fan will drive the Xiaomi car in a hurry, and turn on the monster charging to find the nearest replacement station. This is a capital story that kills two birds with one stone.
In addition to investing heavily in domestic travel, Shunwei Capital also invests in related ventures in India and other countries, such as Truebil, an online used car trading platform in India.
Picture source: Truebil
Boldly imagine one morep>
Nowadays, the localization rate of domestically-made Tesla parts has basically reached 100%, just like the iPhone drove the development of China’s mobile phone industry chain. Is it enough?
Since 2020, the market’s enthusiasm for new energy vehicles has been on the rise. Lei Jun revealed that the decision to build the car was first issued by the board of directors. After the listing of Xiaomi, the stock price has been stable and without excitement. After multiple reports of car building, Xiaomi’s stock price has risen several times. This time building a car is Lei Jun’s passive entrepreneurship.
It’s just that after Ali, Baidu, Huawei, and Xiaomi entered the game, many people sighed, regretting that Jia Yueting’s birth was untimely, and the suspense remains to be solved whether Jia Yueting is about to return to China.
Typesetting: Huang Jian, pictures: Xiaomi, IT Times, Truebil, Counterpoint Research, Internet