Group car to build a car, ideal car CEO Li wants to shell: refresh the bottom line of entrepreneurs

Source of this article: Times Finance Author: Liao Wei

A few days ago, Tuanche.com announced that it will form a new electric vehicle business line by forming a team including design, research and development, production, etc., and enter the field of electric vehicle manufacturing.

"For us, selling 100,000 cars will be a phased milestone. I myself will see building a car as if it were the last venture. Wen Wei, CEO of Tuanche Network, said in an interview with the media.

Source | Internet

According to the Automotive Business Review, Wen Wei said that the biggest driving force for Tuanche's decision to build a car came from an outside team of more than 100 people. This team can undertake product planning, modeling design, engineering development, testing, chassis, three electrics, intelligent driving, intelligent cockpit, systematic integration program, production support, supplier management of almost all car manufacturing processes, with more than 20 years of car manufacturing experience, in the technology, sample cars have precipitation.

According to Wen Wei, the above team came with semi-finished models, and the first model of the group car will be selected from many semi-finished products, priced at 100,000 yuan to 200,000 yuan, and the golden nine silver ten can be pre-sold in 2022. "We give priority to the direct sales model, and at the same time have the channel advantage of landing in the sinking market."

However, Wen Wei's relevant remarks have also aroused questions from industry insiders. Ideal Auto CEO Li Xiang forwarded the relevant interview report of Tuanche on the social platform on January 16 and commented, "It really refreshed the bottom line of entrepreneurs." The essence of entrepreneurship is to grow rhythmically and patiently over the long term. ”

Regarding the questioning and the planning of the group car in the car-making project, Times Finance sent an interview to the group car on January 17, but as of press time, there was no response. Wen Wei publicly responded on the afternoon of the 16th that he did not expect that the first shot of the Long March came from Li Xiang. Wen Wei also asked rhetorically, "In addition to rhythm and patience, have you forgotten your vision and judgment?" ”

It is worth noting that in the eyes of industry insiders, the biggest obstacle in front of the group car network may be money. At present, the new energy vehicle track is very hot, and the head new forces represented by "Wei Xiaoli" have also shown good development prospects, but there are not many players who have failed due to insufficient funds and products on this subdivision track. He Xiaopeng, chairman of Xiaopeng Automobile, previously said that the new forces built cars from 0 to 1 in the first step of 20 billion yuan, and the second step must exceed 30 billion yuan. According to the financing amount of Xiaopeng Automobile's primary and secondary markets, the total amount is about 57 billion yuan.

Lei Jun, who also takes car-making as the last battle, plans to invest 10 billion yuan in the first phase of Xiaomi Automobile and 10 billion US dollars in the next 10 years, and Xiaomi's subsequent series of investments also prove that what Lei Jun said is not false.

"It doesn't matter if our first car fails, we can make another one in 3 months." Wen Wei said that there are not many investors who are interested in the group car manufacturing project, "In fact, the funds we consume in the research and development stage are only a few fractions of the new car-making forces, which is about hundreds of millions of yuan, so we do not need too much money at present."

Some insiders said that the epidemic and the current transformation of the automotive industry sales model has a relatively large impact on the business of the group car network, although the current impact does not seem to be large, but the crisis has long been brewing under the drastic changes in the industry, the group car network needs to find more new performance growth points to prepare for the future.

According to public information, Tuanche.com was founded in 2010 and is a domestic automotive e-commerce platform, with the main products including: scenario-based auto marketing platform, scenario-based financial platform and scenario-based transaction chain service platform. In November 2018, Tuanche.com was listed on the NASDAQ.

It is reported that the issue price of Tuanche Network is 7.8 US dollars / share, but it broke at the opening. According to the data of Oriental Wealth Network, since its listing, the stock price of Tuanche Network has generally declined. As of press time, the stock price of Tuanche.com is 2.76 US dollars per share, and the total market value is 55.79 million US dollars.

According to the third quarter financial report recently released by Tuanche.com, the net income of Tuanche in the third quarter of 2021 was 61.1 million yuan, a year-on-year decrease of 38.9%, and the gross profit in the third quarter was 46.8 million yuan, a year-on-year decrease of 35.1%; the net income in the first three quarters of 2021 was 274.4 million yuan, an increase of 66.9% year-on-year, and the gross profit in the first three quarters was 208.7 million yuan, an increase of 72.8% year-on-year.