Source Code Capital's Xingshi Wang Named to 36Kr's Top 10 Most Visionary Investors in China's Auto Mobility Sector

源码资本·March 27, 2018·0·0

China's Top 10 Auto Mobility Investors with the Best Deal Sourcing Ability

Today, 36Kr released a series of rankings for China's automotive and mobility sector. Source Code Capital Executive Director Xingshi Wang was named to the "Top 10 Most Insightful Investors in China's Automotive and Mobility Sector," with representative investments including CHJ Automotive, Dabai Auto Installment, and Chedai Sanshui.

Guazi and CHJ Automotive both completed new funding rounds, igniting the automotive and mobility sector in 2018. Technology is disrupting the auto industry — Tesla, for instance, is keeping German executives up at night. At this inflection point of transformation, it's not just the powertrain that's undergoing radical change; the entire industry chain and the future of how people get around are being restructured.

In this restructuring, Chinese automakers have an opportunity to break the foreign-brand monopoly on the mid-to-high-end vehicle market. Internet entrepreneurs with innovative mindsets have a shot at leading an industry long dominated by traditional auto insiders with high barriers to entry. The United States produced Tesla and Elon Musk — and China could produce several entrepreneurs who surpass Musk.

Industrial capital and PE firms that began investing in auto manufacturing over a decade ago have accumulated sufficient capital to double down on new mobility opportunities. Meanwhile, VC investors have seized their entry ticket into the massive auto market through this transformation, and may even emerge as its dominant players.

With this in mind, 36Kr has released its Top 10 Investment Institutions, Top 10 Investors, and Top 10 Most Insightful Investors rankings for China's automotive and mobility sector. These listed investors are joining entrepreneurs in disrupting traditional automotive and creating the industry's future.

Top 10 Most Insightful Investors in China's Automotive and Mobility Sector: