Weilai automobile new energy industry development fund settled in Wuhan

65438+February 1 1, Weilai Automobile and Weilai Capital announced that they had reached a strategic cooperation with Hubei Province and signed a formal agreement with Hubei Changjiang Industrial Fund and Wuhan Donghu High-tech Zone. Weilai New Energy Industry Development Fund settled in Wuhan, and Changjiang Weilai Intelligent New Energy Automobile Industrial Park was built in Wuhan Donghu Development Zone. Weilai Capital was founded by Weilai Automobile, Sequoia Capital and Gaoyao Capital. The first Weilai New Energy Industry Development Fund managed by Weilai Capital, with a total scale of 654.38+000 billion yuan, focuses on investing in innovative enterprises related to smart electric vehicles. This time, Weilai Capital reached a cooperation agreement with Hubei Changjiang Industry Fund, one of the largest government industry guidance funds in China, and Changjiang Fund became the cornerstone investor of Weilai New Energy Industry Development Fund. Recently, Weilai New Energy Industry Development Fund was registered and established in Wuhan Donghu High-tech Zone. Weilai Automobile and Weilai Capital also reached an agreement with Changjiang Industrial Fund and Donghu High-tech Zone to plan and build Changjiang Weilai Intelligent New Energy Automobile Industrial Park in Wuhan Donghu High-tech Zone, introduce and serve innovative R&D of new energy vehicles and related upstream and downstream manufacturing enterprises, and jointly build a world-class R&D and innovative intelligent new energy automobile industrial base. Cao Guangjing, Vice Governor of Hubei Province, and leaders of Hubei Province, Wuhan City and Donghu High-tech Zone attended and witnessed the signing ceremony.