NIO’s 20 kW home fast charging station goes on sale｜E Weekly News

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Xpeng went to the United States for IPO, raising US$1.5 billion

August 27 At 21:30 on the same day, Xpeng Motors was officially listed on the New York Stock Exchange with the stock code "XPEV". The stock opened at US$23.1, an increase of 56% from the issue price. As of last Friday's close, Xpeng Motors' stock price closed at US$22.79, and Xpeng Motors' company market value has exceeded US$16 billion.

Xpeng Motors issued 99,733,334 American depositary shares through its initial public offering (each American depositary share is equivalent to 2 shares of the company’s Class A ordinary shares), with an issue price of American Depositary Shares: US$15. The total amount of funds raised by Xpeng Motors through this issuance is approximately US$1.5 billion, exceeding the maximum value of US$1.271 billion expected in the prospectus.

Quick Comment:

The C+ round of financing was completed on July 20th this year, and received funding from Aspex, Coature, Hillhouse Capital and Sequoia China* ** Total capital of approximately US$5.0 billion. In just the past two weeks, Xpeng Motors announced on August 5 that it had raised US$440 million from Alibaba, Qatar, Mubadala, etc., completing a C++ round of financing. The prospectus was released on June 6th and the listing was completed on August 27th, which is quite fast.

Byton Motors accelerated its restructuring and established a new company named "Shengteng"

Recently, new news came out of Byton Motors, which has been heavily in debt. On August 24, Byton Motors has applied to register a new technology company, named "Shengteng", and is expected to receive a legal person business license by the end of August. The new technology company plans to raise RMB 2 billion to accelerate the mass production of M-Byte. FAW Group and other shareholders are actively promoting this financing.

Previously, due to lack of financial support, all domestic companies of Byton suspended operations and production starting from July 1st this year, and began internal reorganization. Byton Motors has conducted 4 rounds of financing since 2017, with a total amount of approximately 8.4 billion yuan. However, due to the failure of the Series C financing, the pace of mass production of the M-Byte model was slowed down.

Quick review:

Top 3, a new domestic car-making force, has been successfully launched, and WM Motor, which is closely behind, is also making final preparations to accelerate its landing on the Science and Technology Innovation Board. Sprint, under the current situation, Byton Motors wants to get rid of debt and unfavorable financing difficulties through restructuring and establishing a new company. Byton’s Nanjing factory and high-end electric vehicle production platform are its high-quality assets, which may be the biggest benefit to its escape from difficulties.

NIO plans to issue 88.5 million American depositary shares (ADS)

On August 27, NIO’s official website announced that it plans to issue 88.5 million shares American Depositary Shares (ADS), with each ADS representing 1 Class A ordinary share. NIO intends to grant the underwriters the over-allotment option to purchase up to an additional 13.275 million ADS shares within 30 days. NIO disclosed in its prospectus that the net income from this issuance is expected to exceed US$1.7 billion based on a face value of US$0.00025 per share.

The net proceeds from funds raised by NIO will be mainly used to increase NIO China’s share capital and the company’s ownership. And further used for the research and development, sales and service network expansion of NIO China's new products and technologies. Increase research and development and investment in autonomous driving technology.

Quick Comment:

Generally speaking, Weilai wants to buy back equity on the one hand to protect the interests of investors, and on the other hand it wants to expand its layout, expand and improve its sales network , increase investment in research and development of autonomous driving technology. Coinciding with the listing of Xpeng Motors, NIO's move has accelerated its move away from its competitors.

Tesla is making frequent moves, is the domestically produced Model Y coming?

Recently, Tesla's Shanghai Gigafactory released recruitment information and is recruiting technicians and operators for its new projects and new models, with a total demand of nearly a thousand people. A search of tweets on the WeChat public account for "Tesla Recruitment" shows that this recruitment is mainly divided into operator positions and squad leader/technician positions, which belong to 9 departments, including die-casting workshops, stamping workshops, automobile workshops, and assembly workshops. , logistics department and booster station.

At the same time, 11 departments including the die-casting workshop are also recruiting squad leaders and technicians.

Coincidentally, on August 29, Weibo netizen @Buyi’s Life Notes photographed a Model Y test vehicle in transit in Yancheng, Jiangsu Province.

Quick Comment:

In March this year, the US-made Model Y was delivered ahead of schedule in North America and other markets. In the past few months, it has gradually become Tesla’s Sales Highlights. Nowadays, Tesla's Shanghai factory is recruiting workers on a large scale. It is obvious that Tesla is accelerating the production of Model Y in China. We look forward to seeing the actual Model Y at the Beijing Auto Show next month.

Beyond Tesla, Lucid Air has a range of up to 832 kilometers

On August 26, Lucid Automobile Company, a new American car-making force, released news , its electric car Lucid Air uses a battery pack capacity of 113kWh instead of the previously planned 130kWh.

Judging from the current news, Lucid Air’s EPA range is 517 miles (approximately 832 kilometers), which is longer than the Tesla Model, which currently has the longest range. S is also 115 miles (approximately 185 kilometers) long.

Quick review:

Behind the amazing battery life of Lucid Air is the 900V high-voltage battery system, the 113kWh large-capacity battery and the 0.21Cd ?Ultra-low wind resistance. I wonder what Elon Musk was thinking after seeing this battery life data? With a stronger competitor, we have more expectations for the new Tesla Model S.

Lucid Air will be officially released on September 9, 2020. The specific details and final price will also be announced by then. We can look forward to Lucid Air. ?The specific performance after actual measurement.

NIO’s 20kW household fast charging pile goes on sale

On August 31st, NIO’s 20kW household fast charging pile officially went on sale . There are three prices: 1***, with the selling price ranging from 9,800 yuan to 16,800 yuan.

Specifically, users who use the first pile of rights need to pay an additional RMB 9,800; users of existing home charging piles need to pay RMB 15,800, including charging piles and installation and modification costs; if you If you are not a user of the first two, you will need to pay ￥16,800, which also includes charging piles and installation fees.

Quick Comment:

Nowadays, following the trend of BaaS, NIO has launched home fast charging stations, which is another perfect measure for the energy replenishment system. Of course, for users who want to install home charging piles, they must first have a 380V three-phase power supply and ensure there is enough installation space.

At the same time, Weilai can provide a full agency installation service. For users who want to apply for installation themselves, Weilai will also provide an 888 points reward.

Taken together, NIO’s 20kW home fast charging station is currently the most powerful and fastest home charging station on the market. As for the price, some netizens think it is a bit expensive, but others praise NIO's service and value for money.

So, assuming you have the installation conditions, would you choose NIO’s 20kW home charging pile?

This article comes from the author of Autohome Chejiahao and does not represent the views and positions of Autohome.