[car home Industry] Evergrande has made moves in the automobile field again, this time it is a foreign supercar company. On January 29th, Evergrande Health (00708.HK) announced that Evergrande’s National Energy Electric Vehicle Sweden Co., Ltd. (NEVS) and Koenigsegg signed an agreement to set up a joint venture company, in which NEVS holds 65% of the shares and Koenigsegg holds 35%.
The announcement pointed out that in the future, the joint venture company will use Koenigsegg’s technology patents and brands to develop and manufacture the world’s top new energy vehicles. Koenigsegg is a super sports car company headquartered in Sweden. Due to its insistence on handmade production, the company has only produced more than 100 cars so far. The price of bicycles is more than 10 million yuan, and it has been laid out in the fields of lightweight, power drive system, electrification and intelligent driving.
According to the agreement, NEVS shall make a series of capital injections to the joint venture company in the form of unconditional shareholder contributions, amounting to USD 150 million (about RMB 1.01 billion), which will be allocated from the internal resources of Evergrande Health. Koenigsegg, on the other hand, should inject capital into the project company before automobile production in the form of unconditional shareholder contribution, amounting to 70 million US dollars (about 471 million yuan), and Koenigsegg agreed to grant the project company some intellectual and industrial property licenses no later than one month before automobile production.
『Agera RS』
Since "breaking up" with Faraday Future, Evergrande’s layout in the field of new energy can be described as "non-stop". First, it spent 930 million US dollars (about 6.26 billion yuan) to win 51% equity of NEVS, and then it was revealed that it invested 100 million yuan to set up "Hengda Smart Charging Technology Co., Ltd." to enter the charging pile field, and spent 1.06 billion yuan to acquire 58.07% equity of Kanai New Energy to lay out power batteries, so as to improve the upstream and downstream industrial chain layout of new energy vehicles step by step.
In fact, as early as last September, Evergrande had invested RMB 14.5 billion in Guanghui Group. In just a few months, Evergrande’s public investment in the field of new energy vehicles has reached nearly RMB 30 billion. From dealers to complete vehicles, charging piles, power batteries, and the core technologies, Evergrande is accelerating the industrial layout through "buy buy Buy". Then we will continue to pay attention to the success of Evergrande’s way of building cars through acquisition and integration. (Text/car home Zhang Wei)