The "new four modernizations" such as intelligence, electrification, networking and sharing are accelerating the transformation and upgrading of the automobile industry, and many domestic and foreign automobile companies have invested heavily in the research and development of the "new four modernizations". With the increasingly tight capital supply of automobile enterprises, many automobile enterprises have been active in the capital market recently, actively financing the "new four modernizations".

Recently, the listing application of Geely Automobile was accepted by science and technology innovation board Stock Exchange, and it is planned to raise 20 billion yuan to invest in the research and development of new products such as energy saving, electrification and new energy, as well as the research and development of forward-looking technologies such as autonomous driving and car networking. At the end of August, Xpeng Motors was officially listed on the NYSE, becoming the third China new car manufacturer to go public in the US. In addition, Dongfeng Group, a listed company in Hong Kong, announced its intention to list on GEM. The raised funds are intended to be used for new high-end new energy passenger car projects, new generation cars and forward-looking technology development projects, digital platforms and service construction projects.

In fact, since the opening of science and technology innovation board on 20 19, many enterprises in the automotive field have successfully landed, and their main businesses cover hydrogen fuel, lithium batteries, intelligent networking and so on.

The organization believes that in 2020, the urgency of the transformation and upgrading of the automobile industry will become stronger, and the pressure of competition will prompt all automobile enterprises to increase their R&D investment in the "new four modernizations". Entering the capital market will become an important way for automobile enterprises to raise R&D funds.

Experts said that brand promotion is a stage that all domestic independent automobile brands must go through at present, and the "new four modernizations" is also the inevitable direction of brand promotion, which requires automobile enterprises to actively explore and achieve innovative breakthroughs in key technologies and brands.