At the beginning of 2022, the new army of domestic car-making has added new soldiers. On January 5, Tuanche announced that it will enter the field of electric vehicle manufacturing by forming a new electric vehicle business line including design, development, production, etc.
For the announcement of entering the field of automobile manufacturing, Wen Wei, founder and CEO of Tuanche, believes that with the promotion of policies, the infrastructure and technology related to new energy vehicles are gradually improving and maturing, and consumers' awareness of electric vehicles is rapidly improving, which provides an opportunity for Tuanche to enter the field of car manufacturing.
Unlike other new car-making forces, Tuanche will be based on the huge user group accumulated over the years in the automotive field, supplemented by an innovative sales model and a sales network covering the first line of the country to the county, and integrate into the future new business. Wen Wei said: "By efficiently combining the existing platform with the industry's top design, R&D and production teams being formed, coupled with in-depth cooperation with various potential strategic partners, we will surely maximize synergies and make Tuanche occupy an important position in the future electric vehicle market." ”
According to tuanche, it is currently in open discussion with potential strategic partners, and more car manufacturing progress needs to be further disclosed.
According to public information, Tuanche was established in 2010 as an auto trading and service platform, and in 2018, Tuanche was officially listed on the NASDAQ in the United States. Previously, Tuanche released two annual financial reports for 2019 and 2020, of which Tuanche achieved a net income of 645 million yuan in 2019, down 1.0% year-on-year, and a net loss of 251 million yuan.
In 2020, the group car was seriously affected by the epidemic, and the scale of offline business in the whole year shrank sharply, and the number of auto show activities decreased from 1055 in 233 cities in 2019 to 449 in 172 cities, down 57.4% year-on-year. In terms of finance, the annual net income of Tuanche in 2020 was 330.2 million yuan, down 48.8% year-on-year.
As of January 4, Tuanche's stock price was $2.970, and its total market capitalization was $60.04 million.
Xiaoxiang Morning News reporter Hu Xiong
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