Ningde times joined hands with Weilai, Guotai Junan and Hubei ketou to establish Weineng battery assets Co., Ltd

Sina science and Technology News On the afternoon of August 20, Ningde Times New Energy Technology Co., Ltd. announced that it would join hands with Weilai automobile, Guotai Junan International Holding Co., Ltd. and Hubei science and Technology Investment Group Co., Ltd. to jointly invest and establish Wuhan Weineng battery assets Co., Ltd. (hereinafter referred to as Weineng), so as to promote the development of the new business model of “separation of vehicle and power” in the new energy vehicle industry On this basis, the company launched the baas (battery as a service) business. The registered capital of the company is 800 million yuan, of which Ningde times obtained 25% equity and board seats at the equivalent price of 200 million yuan.