. The power of “science and technology” is precisely the best tool. People believe that the power of “technology” can change the world for the better and create more value.
This can also explain why after the epidemic, although the US economic restart and easing policies have played a boost, only technology stocks in the US stocks have been soaring. Now Apple, Amazon, Microsoft, Alphabet and Facebook occupy the benchmark. 25% of the market value of the General 500 Index.
So Weilai, Xiaopeng, and Ideal are not riding the “East Wind” of Tesla, but the “East Wind” of “Technology”.
Of course, they also know how to “tell stories” to the capital market. From the overview and vision of the three prospectus, as well as the official website leaflet, “Technology (Tech)“, “Intelligent (Smart)” and other words keep appearing.