AutoBeta(AutoBeta.net)09/28 Report--

On Sept. 27, Wang Xin, founder of Fast broadcast, refuted Cao Dewang's view that "new energy cars are a game for the rich." He said that he Xiaopeng did not have a lot of money when he founded Xiaopeng Motor.

Wang Xin believes that the essence of starting a business is that you dare to do it, you can think of things that others do not dare to think of, and you can walk ahead of others. The success of Xiaopeng car, on the one hand, has the support of friends, second, it has capital to pursue it, third, Xiaopeng has a vision and direction, and finally, there is consumer support.

It is understood that at the top summit of Chinese automobile industry leaders opened in Wuhan, Cao Dewang, the glass king, said that new energy vehicles can only be made by rich people like Xu Jiayin, or capital tycoons, while other enterprises that rely on state subsidies cannot survive. The future development of new energy vehicles should not rely on government subsidies, enterprises should also have their own vitality, if each enterprise operating a product, completely rely on state subsidies to make money, it is waiting to die.

According to Wang Xin, he Xiaopeng did not have much start-up capital when he founded Xiaopeng Motor, but from the perspective of car manufacturers, he did gain a foothold.

Xiaopeng Motor was founded in Guangzhou in 2014. since the start of angel round financing in 2015, Xiaopeng Motor has completed the eighth round of C+ financing by July 20, with a cumulative financing amount of 20 billion yuan.

On the evening of August 27th, 2020, Xiaopeng Motor was listed on the New York Stock Exchange. The current market capitalization of Xiaopeng Motor is 12.448 billion US dollars. On September 28th, Xiaopeng Motor announced that it had received 4 billion yuan in financing from Guangzhou Development Zone, and officially laid the foundation in the Intelligent equipment Zone of Guangzhou knowledge City today. In addition, he Xiaopeng ranks first among the top 25 auto billionaires with a wealth of US $3.75 billion, according to Forbes China.

From Cao Dewang's point of view, if Xiaopeng does not have enough financing funds in the future, Xiaopeng may be in a state of "difficult delivery" like most car manufacturers, and the first model G3 may still be in the PPT stage. Therefore, whether it is Wang Xin or Cao Dewang's words have a certain truth, but the starting point of the two people do not need, Xiaopeng car can go to this stage, and its late financing behavior has a lot to do with.

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