Weilai Automobile and Jianghuai Automobile have reached a strategic cooperation intention or will be their own brands

Recently, Li Bin, founder and chairman of Weilai Automobile, revealed to the media that in addition to Jianghuai Automobile, Weilai Automobile has reached a strategic cooperation intention with the second car company. Li Bin believes that cooperation with car companies in the manufacturing field can effectively improve the efficiency of capital use, which is very important for emerging car manufacturers.

Weilai Automobile and Jianghuai Automobile have reached a strategic cooperation intention or will be their own brands

Li Bin, founder and chairman of Weilai Automobile, signed the "Manufacturing Cooperation Framework Agreement" with Jianghuai Automobile in April this year, and confirmed the plan for the first phase of Jianghuai's OEM production capacity of 50,000 units. The announcement issued by Jianghuai Automobile shows that the two sides will comprehensively promote the cooperation of new energy vehicles and intelligent networked automobile industry chain. It is estimated that the overall cooperation scale will be 10 billion yuan.

Li Bin has revealed that while rationally utilizing existing manufacturing management resources, Jianghuai will cooperate with Weilai Automobile to build a brand-new factory. Moreover, in the construction process of the factory and in the future production process, Weilai Automobile will deeply participate in the whole process of manufacturing process, quality control and other production to ensure that it can meet the manufacturing needs of the product.

Judging from the latest information disclosed by Li Bin, the cooperation model between Weilai and Jianghuai in the manufacturing field will likely be further copied.

It can be proved that Li Bin had publicly stated at the China Automotive Forum in April this year before confirming that Weilai Automobile had reached a strategic cooperation intention with the second car company. Two partners." Moreover, in the first interview in July 2014, Li Bin said that he would “select two car companies and become our partners in manufacturing”.

Weilai Automobile and Jianghuai Automobile have reached a strategic cooperation intention or will be their own brands

Weilai Automobile "NIO EP9" Super Run Although Weilai Automobile has not officially announced the specific information of the second car enterprise partner, it seems that Li Bin has revealed the selection criteria of the cooperative car enterprises.

Li Bin revealed that after the establishment of Weilai Automobile, he had discussed cooperation issues with 5-6 car companies, but ultimately chose Jianghuai, in addition to specific commercial factors, the latter's ability in manufacturing and management, and strong cooperation. Willingness, as well as decision-making ability and fluency within the company, have become the main considerations.

In Xiaobian's view, compared with imported and joint-venture brands, independent brands hope to achieve a stronger joint venture with their high-quality emerging car companies, and their willingness to increase their brand strength and product strength will be stronger. High, so Weilai’s second car-enterprise strategic partner is likely to be one of its own brands.

It is worth noting that on December 11, Weilai Auto and Weilai Capital announced a formal agreement with Hubei Changjiang Industrial Fund and Wuhan Donghu High-tech Zone to build the Yangtze River Weilai Intelligent New Energy Automobile Industrial Park in Wuhan East Lake Development Zone. The park will include a complete vehicle project, R&D and standard testing center with an annual output of 200,000 intelligent new energy vehicles.

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