Wei Lai invests 2 billion yuan in self-made batteries, which Li Bin calls a normal strategy for electric vehicle companies
Time：
2022-08-28 00:00
Source：
Another electric vehicle company wants to get rid of its excessive dependence on upstream suppliers and starts making its own power batteries.
After setting up a battery research and development team and building a new battery research and development project in Shanghai, Weilai has another child in the field of power batteries. Recently, Weilai Battery Technology (Anhui) Co., Ltd. (hereinafter referred to as "Weilai Battery Technology") was established with a registered capital of 2 billion yuan. The legal representative is Zeng Shuxiang, and Li Bin is the chairman of the board. The equity penetration chart shows that the company is wholly owned by Weilai Holding Co., Ltd.
"It is a normal strategy for automobile manufacturers to make batteries," Li Bin, Chairman of Weilai, said in an exclusive interview with a reporter from First Financial News today.
According to public information, the business scope of Weilai Battery Technology covers the import and export of goods, technology import and export, battery manufacturing, research and development of special electronic materials, sales of graphite and carbon products, manufacturing of vehicle parts and accessories, sales of electrical accessories for new energy vehicles, sales of intelligent power transmission and distribution and control equipment, retail of electronic components, wholesale of electronic components, etc.
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