"With the gradual saturation and maturity of the new energy vehicle market, products that lack bright spots and a sense of experience will also face huge impacts and challenges." In the face of the rapid evolution of the new energy market, Qiantu Automobile will break the convention and create differentiated products with forward-looking design and independent mastery of core technologies, bringing users the ultimate sports car driving fun. On December 18, Lu Qun, chairman of Qiantu Automobile, said at the 2022 Future Strategy Sharing Conference.
At the meeting, the long-discontinued Future Automobile delivered the Future K50 to new users at its Suzhou plant, and the Future brand once again returned to the public vision.
At the same time, Qiantu Automobile announced three matters: its new model Qiantu K20 will be officially launched in 2022 and begin to lay out overseas markets; through the development of meta-universe racing games, expand the broader meta-universe world, realize the interconnection and integration of the digital world and the real world; and have cooperated with Suzhou Canadian Solar Power Technology Co., Ltd. to plan to mass-produce the world's first solar photovoltaic car in 2022.
For a while, I can't help but sigh, the future car that is still struggling on the edge of life and death seems to have changed tracks?
Making a comeback, great wall Huaguan seeks to re-list?
According to the data, Qiantu Automobile was established in 2015, and obtained the new energy car manufacturing qualification issued by the National Development and Reform Commission the following year, and obtained the car manufacturing qualification of the Ministry of Industry and Information Technology in 2018, which was the sixth car company to obtain dual qualifications after BAIC and SAIC at that time.
Great Wall Huaguan, the parent company of Qiantu Automobile, was also listed on the New Third Board as the first stock of new energy in 2015, and began to raise funds in the capital market to transfuse blood for Qiantu Automobile. It is understood that since landing on the New Third Board, Great Wall Huaguan has raised funds five times, raising a total of 2.12 billion yuan, although the amount of financing ranks among the top listed companies on the New Third Board, but for the car industry, it is still only a drop in the bucket.
In 2018, when the first model of the future, the K50, rolled off the production line, Great Wall Huaguan once again issued an announcement that it intended to issue no more than 140 million shares at 10.75 yuan / share, and planned to raise 1.5 billion yuan, but ultimately did not achieve this goal, and was delisted in 2019. The broken capital chain, coupled with the poor performance of the K50 market, the development of the future car is in trouble, and it is silent.
Until June this year, Great Wall Huaguan held a shareholders' meeting and a new board of directors, and said that the shareholders' representatives listened to the company's chairman Lu Qun's "Report on the Company's Operation and Development Plan" and CICC's Investment Banking Department Deputy General Manager Du Mingchong's "Report on the Landing in the Capital Market Plan and Progress", and actively recognized it.
At present, its new board of directors and the board of supervisors have resolved to approve the relevant corporate financing and equity incentive plans. After the news was released, Great Wall Huaguan received between 20 million and 70 million yuan of equity funds from Ruifeng New Energy in December this year to acquire no more than 4% of the equity of Great Wall Huaguan. According to the announcement of Ruifeng, Great Wall Huaguan is conducting a round of fundraising activities to raise about RMB200 million to RMB240 million through investor subscriptions for new shares.
This also means that Great Wall Huaguan has restarted the work of returning to the capital market. Subsequently, the future car, which had been silent for nearly two years, also began to come alive.
Play with the "meta-universe" and build solar photovoltaic cars
At this sharing meeting, Qiantu Automobile released the "three new" planning in technology research and development and application - new intelligence, new materials and new energy.
In terms of new intelligence, Qiantu Automobile signed a strategic cooperation agreement with Jingang Automobile Culture Development (Beijing) Co., Ltd. and Suzhou Creative Cloud Network Technology Co., Ltd. According to the cooperation agreement, Qiantu Automobile will develop the first meta-universe racing game based on blockchain technology, and at the same time combine online games with offline events to achieve a new racing experience that integrates virtual and real.
In terms of new materials, Great Wall Huaguan signed a strategic cooperation agreement with Suzhou Beifeng Laser Technology Co., Ltd. and Monash University Suzhou Campus at the Qiantu Automobile Production Base, confirming the five major cooperation directions of aluminum alloy components 3D printing, personalized product design and production in the car, battery tray weight reduction and production, advanced design of new models, and postgraduate internship platform, research and development of lightweight new materials, and apply their research and development results to all new models in the future K50, K20 and future future.
In terms of new energy, Qiantu Automobile has in-depth cooperation with Suzhou Canadian Solar Power Technology Co., Ltd., a leading photovoltaic power developer in the world. The two parties will jointly promote the industrialization and commercial application of lightweight solar photovoltaic products in the whole vehicle, and plan to launch the world's first solar photovoltaic vehicle in mass production in 2022.
Solar energy, the new story of the future car in the capital market?
When it comes to solar photovoltaic vehicles, it is necessary to mention that in February this year, Hyundai launched the optional IONIQ 5 with a solar roof, which collects solar energy and then passes it on to the battery pack as a source of vehicle power, thus becoming the industry's first production car that can be solar charged.
However, in view of the definition of the world's first model by Future Auto, its mass-produced solar photovoltaic vehicles will inevitably not be a simple optional solar roof, but more inclined to models with solar energy as the main power source. But for a promising car that is still struggling on the brink of life and death and has been suspended for two years, it will be difficult to launch a solar mass production model next year.
In fact, there have been many companies such as Toyota and Tesla that have studied solar energy, and there is no shortage of foreign startups that use solar energy as a selling point and continue to pour in.
However, multiple problems such as low photoelectric conversion, high cost, and the failure of solar thin-film panels most suitable for application to automobiles have not been fully mass-produced have not yet broken through, resulting in solar cars being difficult to achieve industrialization, and most solar cars on the market are also stuck in the concept car stage.
But this does not prevent the capital market from embracing this emerging industry.
On November 18 this year, Sono Group NV, the parent company of German solar car startup Sono Motors, successfully landed on the NASDAQ, stock code "SEV", and as of the close of the first day of listing, Sono Group NV shares were $38.2, up 154.67%. It shows that the market is generally optimistic about solar cars.
The listing of Sono Group NV may provide new ideas for future cars.
Some industry analysts believe that as a new car-making force with Weilai, Xiaopeng, Ideal, weima and so on, the existing "new energy" and "intelligence" are obviously not enough to support the capital market's reverie space for future cars. However, the new labels of "metacosmity" and "solar energy" may bring "new story materials" to it, so that it can continue to think of itself as a "new force" and harvest another wave of leeks in the capital market.