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Recently, during the 2021 World artificial Intelligence Conference, Zhou Hongyi, the founder of 360th, said in an interview: "We Internet artificial cars will definitely be built, but it will waste a lot of money, because we will step on a lot of holes, but we have strong financing ability. Can make up for this shortcoming." As for the views expressed by Zhou Hongyi, many netizens said, "anyway, let's build the car first." Some netizens also think that "building a car is a matter of burning money."

On May 10 this year, 360 announced that it would join hands with Nashi Automobile to enter the field of smart cars, and gave a manifesto of "making cars for the people". Nezha Automobile and Xiaopeng Automobile are all members of the new car-building force. at present, there are three products on sale: which car V, which car U and N01 are on sale. Unlike Xiaopeng Automobile, the prices of the three products are all below 150000 yuan. Zhou Hongyi once said publicly that 360 and Nezha joint car will not be a luxury car, but a smart car that ordinary people can afford, and at the same time, it is not inferior to the car whose price is several times higher in terms of performance, experience and safety. Build a car of about 100000, don't make a toy car, make a real SUV.

Earlier, it was reported that 360th would take the lead in investing in the financing of D-round, which is about 3 billion yuan. combined with the financial results announced by 360, this 3 billion yuan is not a small sum for 360. so it is not difficult to see that 360 is determined to build a car this time. At the end of March this year, Xiaomi also announced the formal establishment of the smart electric vehicle project, with an initial investment of 10 billion yuan. Xiaomi founder Lei Jun said, "I and the company have long been involved in the automotive field, and have a lot of related accumulation, I am very optimistic about the electric vehicle industry."

As we all know, car-building is a continuous "money-burning" industry, which needs a lot of financial support, and the new forces of car-building really need a lot of funds to survive in the field of car-building. Take the new car-building power, Lulai Motor, as an example. On September 13, 2018, it became the first Chinese electric vehicle to be listed in the United States on the New York Stock Exchange under the stock symbol NIO, with an offering price of $6.26 per share and a total market capitalization of $6.313 billion. The share price of NIO soared after the IPO, reaching as high as $13.8 a share. After that, NIO announced its second-quarter results, saying that in the second quarter of 2019, the net loss attributed to shareholders was 3.285 billion yuan, which was higher than market expectations. According to media statistics, from 2016 to the first half of 2019, the cumulative loss of Lulai Motor exceeded 40 billion yuan. In 2019, Xilai Motor is facing negative news such as executive turnover, huge losses and financing difficulties. Its share price plummets and is on the verge of delisting, and its founder Li Bin is called the worst person in 2019.

The trend of the early development of Wei also basically represents the development of China's Internet car-making groups. With the sharp decline in subsidies, many enterprises that rely on subsidies to survive have been gradually eliminated, while the vast majority of brands are still in the "PPT" car-building stage, mass production delivery time is also a long way off, how to survive is also a problem. It can be expected that Internet car-building has entered the life-and-death knockout round. For the current new car boom, investor Softbank Corp. Asia President Yan Yan also said: the reason for this phenomenon is that the technical threshold for building electric cars is relatively low, and the super wealth-building effect of soaring stock prices by 50 to 60 times a year last year. and the revolution in electric vehicle technology and self-driving technology. "it is understandable that many people want to catch this bus. But how many people will survive in the end? There are only a few. So the car-building games continue, but eventually most of the companies will die. "in addition, Yan Yan also predicts that the time point of the wave of closure will not be too far away, because building cars requires a lot of investment, and there is no investment of tens of billions of yuan. Cars cannot be built." now we have seen that many families are already dying. "

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