In the investment boom of new energy vehicles, SDIC Innovation Investment Management Co., Ltd. (hereinafter referred to as "National Investment Innovation") has achieved remarkable results. "As of the end of 2016, we have invested more than 4 billion yuan in the field of electric vehicles. At present, it should be one of the most invested institutions in the field in China." Shun Jun, Managing Director of SDIC Innovation, introduced the reporter. According to the data, SDIC Innovation was established in July 2009. The current fund management scale exceeds 50 billion yuan. The management funds cover state-owned capital, private capital, social security funds and insurance funds. It is a professional private equity management institution. The "Advanced Manufacturing Industry Investment Fund" of SDIC Innovation Management is particularly worthy of attention. The fund is a national-level industry approved by the State Council, led by the National Development and Reform Commission, the Ministry of Finance, the Ministry of Industry and Information Technology, and jointly funded by the central government and social capital. Investment fund. The fund's first phase is 20 billion yuan, focusing on new energy vehicles, industrial robots, high-end medical equipment and pharmaceuticals, modern agricultural machinery, high-end marine and marine engineering, rail transit and new materials. Yan Jun introduced that in the field of new energy vehicles, advanced manufacturing industry investment funds will focus on investing in lithium-powered batteries and systems, upstream key materials, motor and power control systems, automotive intelligent network, lightweight materials, and mastering core technologies and industrialization. Leading enterprise in the industry with supporting capabilities. From a regional perspective, advanced manufacturing industry investment funds mainly focus on Shanghai, Zhejiang, Guangdong, Jiangsu, Shenzhen, Chongqing, Liaoning, Yunnan and other advanced manufacturing industries, focusing on supporting key leading enterprises and industry-leading enterprises in the region. Industry resources. According to the statistics of the reporters, in the new energy vehicle and auto parts industry chain, SDIC Innovation has invested in BYD, Ningde Times New Energy (hereinafter referred to as CATL), Tianjin Lishen, Enjie New Materials, Cologne New Energy, Ningbo Fei Shi Motor , Suzhou Zhihua, Xingyu shares, Yapu company and other ten companies. All parties speed up the layout of future cars Reporter: What kind of historical stage do you think the auto industry is in? Yan Jun: The global automotive industry is in the midst of profound historical changes, intertwined "three-in-one" technology, namely electricized powertrain technology, intelligent driving technology, information and data-related networking technology. Will profoundly reshape the entire automotive industry. Among them, electrification provides an ideal power platform for intelligent realization, with reduced complexity and control of components, and improved response speed; intelligentization promotes improved motorization efficiency, including optimized driving conditions, planned rational paths, and auxiliary energy management; By equipped with advanced in-vehicle sensors, controllers, actuators and other devices, and incorporating modern communication and network technology, the future car has complex environment awareness, intelligent decision-making and control functions. Reporter: Compared with other industries, the transformation of the automotive industry is relatively slow. Yan Jun: When other industries such as telecommunications or mobile phone/mobile phone industry have undergone tremendous changes, the automotive industry still has only a little change and integration. After experiencing a series of accumulations such as doubts and trial and error, the future car will enter the stage of substantive development in terms of technical routes, product forms, business models and industrial trends, moving from concept to landing. Therefore, traditional and emerging car companies and technology giants have accelerated the layout of future cars, and the industry structure has become more complicated and diverse. Focus on investing in lithium battery Reporter: At present, the cases you invest in are mainly concentrated in the field of automotive electrification. Why? Yan Jun: This is because in the "three" of the car, the electrification is ahead. In recent years, the progress of lithium-power battery technology has accelerated, and the expectation of large-scale commercialization has become clearer. Compared with the initial stage of industrialization, the future potential of battery technology in terms of performance, cost, and standards is becoming increasingly clear. It is estimated that by 2020, the cost of power battery systems will be more than 1/3 lower than the current, and the energy density will increase by more than 50%, which will promote the competitiveness of new energy vehicles. In this field, we will focus on investing in lithium-ion batteries as a core element in the development of new energy vehicles, with high barriers to entry and a large space for industrial transfer. In the field of lithium battery upstream materials, priority is given to investing in the industry-supporting enterprises of leading power battery companies, paying close attention to the venture capital opportunities of new technology companies and cross-border investment M&A opportunities of global quality materials companies. Reporter: In the case of your investment in electricization, CATL's second round of valuation is as high as 80 billion yuan, which is called "unprecedented" valuation by IDG's partner Lin Dongliang. What do you think of it? Yan Jun: Different organizations have different judgments on the same company. First, CATL is in an emerging industry with high technical requirements, unlike the traditional lead-acid battery industry. Secondly, CATL's global leading position in the power battery industry has been established and its growth prospects are promising. Third, from the perspective of revenue in 2016, the valuation of 80 billion yuan is acceptable. Networking will subvert the automotive industry Reporter: What is your layout in the field of automotive intelligence? Qi Jun: At present, the automobile industry is in the stage of "assisted driving" and "semi-automatic", and "conditional automation" has a certain technical reserve. It is expected that the industrialization of automatic intelligent driving will be ushered in around 2020. Automated driving conforms to the trend of informationization. The mobile Internet has penetrated into every aspect of life, introducing entertainment and information into the life of the car, turning the car into a home, and the "third space" outside the company is a development trend. But the premise of its development is that autonomous driving frees people from cumbersome driving activities. I believe that the rapid development of autonomous driving is mainly due to three major factors: cross-border technology companies have accelerated the pace of technological advancement, and also attracted consumer and capital attention; 5G communication technology, sensor technology advancement and cost reduction, making real-time car association And automatic driving is possible; traditional car companies accelerate the R&D and M&A process under competitive pressure. I think that ADAS (Advanced Driver Assistance System) is the key location for smart driving. It is currently in the lead-in period and the penetration rate continues to increase. This is the key segment of our recent investment focus. Reporter: Networking is at a much earlier stage than electrification and intelligence. How do you view investment opportunities in the field of networking? Yan Jun: The automobile network is mainly composed of the car network, the car mobile internet and the car network. Through the realization of "three networks integration", wireless communication and information exchange between vehicles and various environmental elements can be achieved, thus building a future intelligent transportation system. This is just like the subversion of smart phones to traditional mobile phones. Smart car networking will subvert the existing car industry, and the value of the car will fundamentally change in the future. The transformation of the automobile industry from "end" to "cloud" has become a necessity. The core of car transformation from tools to services is to have networking capabilities and to connect various third-party services. The value of software, hardware and content will be It has been fully revealed, resulting in many new business models. Internet companies hope to use this trend to redefine cars and use them as smart terminals for mobile Internet to achieve true networking and sharing. The construction of the Internet of Vehicles that conforms to the future trend should be based on the in-depth cooperation between Internet companies and traditional car companies to maximize the advantages of both parties, and the government needs to cooperate in infrastructure investment. Electric Four Wheeler,Electric Four Wheel Scooter,Four Wheel Electric Vehicle,Electric Four Wheel Car JIANGSU ELEGANCE VEHICLE CO., LTD. , https://www.mawayra-ev.com