The German Union Group (002666) announced on the evening of June 13 that the subsidiary Shanghai Delian and Shanghai Weilai Automobile Co., Ltd. (hereinafter referred to as Weilai Automobile) signed the Framework Agreement. According to the agreement, Shanghai Delian is qualified as a supplier of Weilai auto parts and supplies brake fluid for a model that Weilai Automobile expects to start mass production in 2017.
Weilai Automobile was founded at the end of 2014 as a new energy automobile company. According to the data disclosed by the Association, the sales volume of domestic new energy passenger vehicles reached 38,000 in May, a 30% increase from the previous month, and a year-on-year growth rate of 45%. The cumulative sales of new energy passenger vehicles increased by 35% in January-May. Stimulated by this news, on June 13, the A-share new energy industry chain stocks rose sharply. At this moment, the Deloitte Group announced that it would hand in the Weilai car, and perhaps it could catch up with such a concept.
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