Use wechat scan QR code to share with friends and circle of friends_ blank" href=" https://news.163.com/news/search?keyword=%E7%94%B5%E5%8A%A8%E6%B1%BD%E8%BD%A6 "> electric vehicle < / a > manufacturer < a target ="_ blank" href=" https://news.163.com/news/search?keyword=%E6%8B%9C%E8%85%BE "> Baiteng < / a > is in talks with a special purpose acquisition company (SPAC) to merge backdoor < a target ="_ blank" href=" https://news.163.com/news/search?keyword=%E4%B8%8A%E5%B8%82 "> listed < / a >. < / P > < p > < / P > < p > people familiar with the matter said that Bayer is negotiating with potential spac companies and investors on the listing, and is expected to complete the listing as early as this year. Other big shareholders include FAW Group and Ningde times, an electric vehicle battery maker. < p > < p > byton was launched in 2017 by Nanjing Zhixing New Energy Technology Development Co., Ltd., which was co founded by former executives of BMW and Nissan. But since 2019, Bayer has been facing cash flow problems as investors are cautious about putting money into the crowded industry at a time when the growth of electric vehicle sales in China, the world's largest auto market, is slowing. < p > < p > in January this year, Bayern and < a target = "_ blank" href=" https://news.163.com/news/search?keyword=%E5%AF%8C%E5%A3%AB%E5%BA%B7 "> Foxconn < / a > and Nanjing Economic and Technological Development Zone have reached an agreement to start production of electric SUVs in 2022. As part of the agreement, Foxconn will invest $200 million in SUV R & D and production projects, and will help build a supply chain for electric vehicle production to reduce vehicle manufacturing costs, people familiar with the matter said. < / P > < p > Bayer declined to comment, Foxconn said in a statement: "the company is currently focusing on optimizing the supply chain construction of Bayer new energy vehicles and will not comment on rumors in other markets." < / P > < p > spac is a shell company that raises funds through an initial public offering (IPO) and acquires an operating entity within two years. For automotive technology companies, spac has become a fast way to enter the stock market. Since the beginning of this year, electric < a target = "which has agreed to merge with SPAC for listing_ blank" href=" https://news.163.com/news/search?keyword=%E6%B1%BD%E8%BD%A6%E5%85%AC%E5%8F%B8 "> automotive companies < / a > include microvast, Faraday future and evgo services. (Xiaoxiao) < / P > < p > < b > related reading: < / b > < / P > < p > < / P > < p > < b > Foxconn Chairman Liu Yangwei shows up at the Baiteng staff meeting and will send more than 100 people to the factory < / b > < / P > < p > source: 36 krypton. On the afternoon of January 22, Liu Yangwei, chairman of Foxconn Technology Group, attended the meeting of all members of bytecom automobile in the form of teleconference and delivered a speech with the theme of "let bytecom win". This is seen as a signal that the cooperation between the two sides has entered a substantive stage. The chairman of Foxconn gave a speech in the company. Many employees of the company told 36 krypton that around the "win formula", Liu Yangwei mainly said three points: "the first is the experience of big screen digital cockpit and brand foundation of the company; the second is that FAW Group, the shareholder of the company, knows how to make cars, which can help the company; the third is that Foxconn's experience in the company is very important The accumulation of supply chain management, vehicle and parts integration, engineering and quality management can help Bayern speed up mass production. " Liu Yangwei, chairman of Foxconn, attended the general meeting of Bayern. < / P > < p > a Bayern auto employee disclosed to 36 krypton that Foxconn will send more than 100 engineering personnel to Bayern Nanjing plant to help Bayern speed up its mass production work. At present, some of them have entered Bayern. "The original plan is mass production in the first quarter of 2022, but with the help of Foxconn, the senior management hopes to advance the mass production time to 2021 Or early 2022. " On January 4, after more than half a year's suspension, the company announced that it had signed a strategic cooperation framework agreement with Foxconn Technology, and both sides planned to realize the landing and production of m-byte electric vehicles in the first quarter of 2022. At the same time, it is also reported that Foxconn will invest US $200 million in Baiteng automobile along with strategic cooperation. For this, Baiteng automobile official said to 36 krypton that it is "inconvenient to comment". < / P > < p > Bayern was once a star team in the new car camp. Former CEO Bi Fukang served as vice president of BMW Group, and coo Daley served as general manager of Infiniti China. Since its establishment in 2017, Bayern has conducted four rounds of financing, with a total amount of about 8.4 billion yuan. < / P > < p > however, due to disordered management, byton automobile fell into a financial quagmire, and two founding members, Bifukang and Daley, resigned one after another, thus shelving the m-byte project of the first car. In June 2020, Baiteng automobile issued an e-mail to all its employees, saying that since July 1, business operations in the mainland of China will be suspended, all employees will be waiting for work, and the shutdown time will be half a year. < / P > < p > after the announcement of the suspension of byton, the market of new energy vehicles suddenly reversed. After the IPO of Weilai, ideal automobile and Xiaopeng automobile in the US stock market, the market value has exceeded US $30 billion, which is at least five times higher than the previous one. Traditional car companies and technology giant apple have begun to develop smart electric vehicles, and Foxconn should seize this wave of manufacturing opportunities. In October last year, Foxconn announced the EV software and hardware open platform, key components and other related technologies named MIH in the first "Foxconn Technology day of Hon Hai" (hhtd), and officially entered the field of electric vehicles. All of these contribute to the external environment of the car. < / P > < p > internally, the "left behind" executives led by Ding Qingfen are looking for investment opportunities everywhere. Employees close to the top management of byton told 36 krypton that Ding Qingfen had established contact with Foxconn Chairman Liu Yangwei during the CES in January 2020. Since then, the two sides have been communicating on the possibility of cooperation. Until the fourth quarter of 2020, Foxconn decided to send people to Nanjing to do their best. "At the beginning, they were isolated in the hotel. They couldn't go out. Everyone communicated in the hotel." < p > < p > some investors told 36 krypton that during the period of the company's suspension, the shareholders of the company had discussed various bankruptcy and reorganization plans. Among them, the plan that has been implemented is to divide the company's business into two parts, and put the manufacturing and factory related assets in the company. In the future, the company can undertake the OEM business, while the R & D, engineering and technical assets are loaded into the company. 36 krypton learned from the inside of the company that the total number of people in the company is more than 300, more than 200 in shengteng and more than 100 in Baiteng. But after Foxconn came in, the concept of the two companies will gradually fade, "both sides should synthesize a rope to sprint the mass production target."
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2023-03-22 10:04:27