8月28日,中国电动汽车制造商小鹏汽车和出行平台滴滴共同宣布双方将达成战略合作,小鹏汽车将发行占交易完成后总股本3.25%的A类普通股,收购滴滴旗下智能电动汽车项目相关资产和研发能力。方达律师事务所、苏利文律师事务所作为小鹏汽车的中国及外国法律顾问参与交易。
作为交易的一部分,小鹏将推出一款A级智能电动汽车,项目代号“MONA”,预计于2024年开始量产。这款新车将帮助小鹏进入15万元车型市场。
小鹏汽车也将成为首家获得滴滴生态体系全面支持的车企,双方将在多个领域探索合作机会,包括在滴滴平台上小鹏车型的运营、营销、金融保险服务、充电设施建设、Robotaxi以及国际市场方面的合作。
方达团队由合伙人丁继栋律师(资本市场)、合伙人钟奇律师(公司并购)、合伙人云劭君律师(知识产权)牵头;
苏利文团队由香港办事处管理合伙人吴基恩律师及合伙人林靖扬律师牵头。
Sullivan, Fangda on Xpeng, Didi’s $744 mln strategic deal
Chinese electric car company Xpeng said it will acquire ride-hailing giant Didi's smart electric vehicle (EV) unit in a deal worth as much as $744 million and the two companies will form a strategic partnership.
Sullivan & Cromwell and Fangda Partners acted as Xpeng’s international and PRC legal advisors, respectively, in the deal.
According to Reuters, ss part of the deal, Xpeng will launch an A-class model next year under a new brand, currently called MONA, aiming to expand in the mass-market segment with the car to be priced in the $20,000 price tier.
Didi said it will support the launch by "providing access to its mobility market" and the two companies will explore strategic cooperation in a number of areas, including marketing, financial and insurance services. Other possible areas of cooperation include charging, robotaxis and jointly developing an international market.
The Sullivan team was led by Hong Kong managing partner Kay Ian Ng and partner Ching-Yang Lin.
The Fangda team saw the leadership of capital markets partner Jeffrey Ding, corporate M&A partner Norman Zhong, and IP partner Claudia Yun.