On December 23, Reuters quoted three people familiar with the matter as saying that Tesla reached a 10 billion yuan five-year new loan agreement with several Chinese banks.
Text | Daily Business Picks
Tesla raised 10 billion yuan in low-interest in China and has sufficient funds to expand
On December 23, Reuters quoted three people familiar with the matter as saying that Tesla reached a 10 billion yuan five-year new loan agreement with several Chinese banks. The new loans come from China Construction Bank, Agricultural Bank of China, ICBC and SPDB, with an interest rate of 3.9%, which is 10% lower than the one-year benchmark interest rate of the central bank. This is the interest rate provided by Chinese banks to the best customers.
Tesla plans to use part of the funds to repay a 3.5 billion yuan loan due next March, and the remaining money will be used to develop the Shanghai plant and China business. This means that Tesla has sufficient capital protection in the Chinese market, and it does not need to worry about repayment of loans in the short term. It can ensure the smooth production of the Shanghai plant and expand its sales and after-sales service network , Repair shops and charging stations, etc.). In late October, Tesla’s Shanghai plant was officially put into production, and the official Model 3 is expected to be delivered in late January 2020.
Tesla has good news not only in the Chinese market. US stocks closed on Monday, and the company’s stock price broke through …
Editor’s comment: Tesla is a “catalyst” for the domestic electric vehicle market. The new loan gives Tesla more confidence in the process of seizing the Chinese market, and the competition pressure of local players has further increased. . Also …
Monster charging has completed 500 million yuan of new financing, shared charging is already a game for head players
On February 24, we learned from multiple independent sources that the shared charging brand monster charging has completed Series C financing with a financing amount of RMB 500 million and the lead investor is SoftBank Asia Venture Capital Fund. Except for SoftBank, old shareholders such as Gao Capital and Shunwei Capital continued to follow suit. This is the second financing publicly disclosed in the field of shared power bank. In April this year, it was also a monster charge, announcing the completion of a round of $ 30 million in financing.
The capital has entered the cold winter in 2019, but the once-failing shared charging treasure has gone up against the current and has become one of the few tracks favored by capital in the sharing economy. Some investors pointed out that the reason why SoftBank invests in monster charging is largely because “the charging treasure industry has been proven to have better blood-making capabilities.”
Share the “blood-making ability” of Charging Power Bank, on the one hand, because of the low cost and high profit of the product itself. According to previous estimates by Red Star News, the ex-factory price of a single power bank is less than 30 yuan, and the profit it can generate is about 770 yuan. … p>
Editor’s comment: The last time the shared charging treasure caused controversy was the collective price increase. The rent increased from 1 yuan per hour to 8 yuan per hour, in order to …
This article comes from the paid section “Daily Business Collection”-December 24 Day
In-depth information + editor-in-chief reviews, saving time and worry Efficient reading
[Time limit egg] Poke this subscription and save 10 yuan >>>> a>
Purchased users poke here to view the full content or listen to the full audio> < / h3>
