Mainland electric car to create Wei to the car ready to issue IPO in the United States in the second half of 2018, the estimated value will reach 1 billion to 2 billion US dollars, raised funds will be used to expand the operation and investment in automatic driving, battery technology and other fields, according to legend Reins hired sources such as Morgan Stanley and Goldman Sachs to source eight other banks, Bank of America Merrill Lynch, Credit Suisse, Citigroup, Deutsche Bank, JPMorgan and UBS. Wei may come after Alibaba in 2014, mainland companies in the United States Issued the largest IPO size, when Alibaba raised 25 billion US dollars.China's auto market plunged in 2017, but new energy vehicles contrarian gold, according to industry agencies predict that in 2018 mainland new electric car sales expected to increase 40% to reach 1000000. In order to stimulate new energy vehicles to buy gas, the Chinese government will also be car tax cuts extended to 2020. In anticipation of the demand for new energy vehicles heating up, auto dealers and investors in the mainland market Speaking billions of dollars, such as Geely's $ 9 billion acquisition of a 10% stake in Daimler to share Mercedes-Benz-owned electric vehicles and self-driving technology, most mainland electric car makers Which showcased only the concept car. WeiLai was among the first to launch a production car. Its first 7-seater ES8 electric car was launched in mainland China in December 2017 at a price of only half of the Tesla Model X. Wei Also announced that in 2020 to launch an automatic electric car in the United States.
