Author 丨 Chen Jiana
Edited by 丨WuDong
Core ideas
In 2021, there were 405 financing incidents in China's auto travel industry, with a total financing amount of 277.15 billion yuan; the total amount of financing for the new car-making power track was the highest, and the total number of financing events on the autonomous driving track ranked first, with the highest market heat;
Intelligent electric vehicles will become the next generation of mobile intelligent terminals and mother ecosystems, carrying the application of a new generation of information and digital technologies. 2021 is the third and final window period for the rapid growth of the intelligent electric vehicle industry;
The four major trends of low-carbon, intelligent, localization and diversification are promoting the innovative development of China's automotive travel industry.
On December 21, 2021, the "Digital Reshaping the World - WIM 2021 World Innovators Annual Conference" hosted by EOU EquitOcean was officially opened in Shanghai, China. As a major component of the WIM2021 Summit, the GTM2021 Global Technology Mobility Forum was successfully held in Shanghai on December 21-22.
The event was created by Yiou Automobile, an innovation service platform for the technology travel industry under EgoEouEqualOcean. At the conference site, dozens of guests from the industry, such as heads of star enterprises, front-line entrepreneurs, investors, etc., gathered together to focus on hot topics such as "carbon neutrality", "new energy intelligent vehicles", "automatic driving", "intelligent cockpit", "flying cars", "automobile services and circulation", "investment in science and technology travel industry", etc., through theme sharing, high-end dialogues and other forms, focusing on industry development and drawing a common development path.
During the summit, Chen Jiana, an analyst at Yiou Think Tank, released the "2021 China Auto Travel Industry Investment and Financing Market Insight Research Report (including list)".
The report starts from the perspective of the investment and financing market, reviews the major events of China's automobile travel industry in 2021, and sorts out and analyzes the overall situation and characteristics of China's automobile travel industry investment and financing market in 2021;
Analyze the driving force of China's auto travel industry investment and financing market, and gain insight into the future trend of China's auto travel industry investment and financing market;
And selected the 2021 China Auto Travel Industry Most Valuable Investment Value Enterprises TOP10 and the 2021 China Auto Travel Industry Investment Institutions TOP10.
01. Overview of China's auto mobility industry development in 2021
In 2021, China's auto travel industry as a whole is in a complex environment of recovery and change, on the one hand, the overall automobile sales market is gradually picking up, the market is rejuvenated; on the other hand, the core shortage crisis since the epidemic is still spreading, which has caused a certain impact on the stability of the industrial supply chain and market sales.
It is gratifying that the industrial transformation driven by technology and market demand has not stopped.
In this year, the automobile travel industry has made new breakthroughs and milestones in multiple dimensions such as products, brands, markets, industries, and capital.
Implemented in the capital market, it can be seen from landmark events such as the market value of the Ningde era breaking through trillions of dollars and Tesla achieving a trillion-dollar market value that the automobile travel industry has become a value convergence center, and more and more capital has gathered in the automobile travel industry.
02. The overall situation of China's auto travel industry investment and financing market in 2021
Under the industrial change, the automobile travel industry has emerged with huge innovation space and blue ocean market, setting off a wave of innovation.
Emerging technology companies have sprung up, seizing market opportunities through technological innovation or business model evolution, and winning the favor and injection of the capital market.
Based on E-Euro Data, a data engine for technology and industrial innovation developed by E-Euro Enterprise, E-Ohm Think Tank conducted an inventory of the investment and financing events of China's auto travel industry in 2021.
Statistics found that in 2021, there were 405 financing incidents in China's automobile travel industry, with a total financing amount of 277.15 billion yuan, and the financing events were more balanced in the monthly distribution, and the annual investment fever was not reduced.
According to the location of the main business and industrial chain of the invested enterprises, Yiou Think Tank will divide the investment and financing events of China's auto travel industry in 2021 according to the nine major tracks of travel technology, intelligent cockpit, automatic driving, key intelligent hardware, auto parts, new car-making forces, energy power, energy and power, energy supplementary infrastructure and services, and automotive aftermarket services.
The number of investment and financing events and financing amounts in 2021 of the above nine subdivided tracks can be summarized separately and can be found:
The new car-making force track ranks first in the total amount of financing in the nine major tracks, and the ability to "absorb gold" is the strongest.
The autonomous driving track ranks first in the total number of financing events in the main nine major tracks, and the market heat is the highest.
Yiou Think Tank believes that 2021 is the third and final window period in the early stage of rapid growth of the intelligent electric vehicle industry.
Tesla's high growth allows capital to see the huge potential of the car-making track, so large amounts of capital have accelerated into the car-making track.
With the accelerated penetration of L2+ autonomous driving in mass-produced passenger cars in 2021 and the breakthrough in the commercialization of high-level autonomous driving in commercial scenarios, the autonomous driving track is gradually moving towards deep water, and the possibility of commercialization appears, stimulating the attention and investment enthusiasm of the capital market.
03. Analysis of the characteristics of China's auto travel industry investment and financing market in 2021
According to the distribution of financing rounds, Yiou Think Tank selected four major subdivisions of supplementary energy infrastructure facilities and services, automatic driving, key intelligent hardware and travel technology for further analysis, and the overall financing rounds of the above tracks were early, and there were more emerging market opportunities.
Yiou Think Tank believes that the four major trends of low-carbon, intelligent, localization and diversification are promoting the innovative development of China's automotive travel industry.
With the accelerated penetration of new energy vehicles, the demand for energy replenishment infrastructure and services will continue to grow, and third-party operators in the pure SaaS model can support large-scale energy supplementary infrastructure operations, which will usher in more market growth space.
Autonomous driving is the key to the development of automotive intelligence, and early players of autonomous driving scenario solution providers and ADAS solution providers have entered the second half of financing, and underlying technologies such as automatic driving basic software have gradually attracted attention.
The key intelligent hardware of intelligent vehicles such as high-precision sensors & positioning, chips, and computing platforms is an important part of the new supply ecology of intelligent vehicles, and its localization development is the key to the independent and controllable Chinese automotive industry chain in the era of intelligent vehicles.
Among them, the high-precision sensor & positioning track financing is high, and the chip track has a strong ability to absorb gold.
With the continuous penetration of digitalization in the field of travel services and the increasingly rich and three-dimensional development of mobility tools, two-wheeled travel and flying cars have become emerging popular investment targets in the travel technology track.
The innovative development of the industry is inseparable from the help of the capital market, and the investment institutions represented by financial investors, industrial capital and government industry guidance funds constitute the main promoters of China's automotive travel industry investment and financing market.
Among them, financial investors are the main players in the market, and the investment activity of industrial capital and government industry guidance funds is higher.
Specifically, financial investors have more mature experience in early high-quality project mining, the leading proportion of industrial capital has gradually increased, and the government industry guidance fund has multiple advantages such as funds, policies, and industrial cluster collaboration.
04. Insights into the investment and financing market trend of China's auto travel industry
Yiou Think Tank believes that the underlying logic of investment in the automobile travel industry comes from the evolution of the internet of science and technology, with the continuous evolution of the mobile Internet to the Internet of Things, intelligent electric vehicles will become the next generation of mobile intelligent terminals and the mother ecology, carrying the application of a new generation of information and digital technology.
Smart electric vehicles will become the concentrated birthplace of the next trillion-dollar market capitalization enterprise.
For the future trend of China's auto travel industry investment and financing market, Yiou Think Tank put forward three insights:
Insight 1: The new energy market has accelerated its penetration, and low-carbon technology has ushered in large-scale applications to help achieve the goal of double carbon; the low-carbon development of the whole industrial chain has given birth to a huge blue ocean market.
Insight 2: Technology-side innovation projects will shift from solutions to more basic software, key intelligent hardware and core business enabling technologies, and automotive travel technology investment will move towards the refined stage.
Insight three: Under the background of increasingly complex international forms, the importance of independent and controllable industrial chains is highlighted, and the strong chain enterprises represented by specialized new small giants have risen rapidly by taking advantage of the trend of localization.
05. List selection criteria and listed companies
Finally, based on the long-term deep understanding and insight into the transformation and investment and financing value of China's auto travel industry, Yiou Think Tank selected T0P10, the most valuable investment enterprise in China's auto travel industry in 2021, taking into account multi-dimensional evaluation factors such as track prospects, scientific and technological attributes, strategic attributes, technical advantages, business progress, team background, equity structure, brand value, and social responsibility.
In addition, based on the long-term deep understanding and insight into the transformation of China's auto travel industry and the value of investment and financing, Yiou Think Tank comprehensively considered the four dimensions of withdrawal, management, investment and fundraising, and selected the TOP10 investment institutions in the field of automobile travel in China in 2021.