Sequoia China invests in Zhang Xue's motorcycle, both parties respond.
Zhang Xue Motorcycle has received a new round of exclusive investment from Sequoia China. Both parties stated that this collaboration will focus on aspects such as corporate governance, talent development, industrial resources, and globalization. Zhang Xue Motorcycle will continue to concentrate on engine, complete vehicle, product research and development, and racing validation, while Sequoia will leverage its experience in corporate governance, talent networks, industrial ecology, and global resources to support the company's long-term development.
Zhang Xue stated: "The addition of Sequoia China has provided Zhang Xue Motorcycle with a partner that can accompany us for the long term. Moving forward, the team will continue to enhance the engines and complete vehicles, continue validating on the racetrack, and continue to listen to real feedback from users. There is an opportunity for high-performance motorcycles from China to win over global users; this endeavor requires patience and is worth long-term investment."
Sequoia China partner Su Kai believes: "Zhang Xue's near-obsessive pursuit of productsher long-standing passion for motorcycles and racingenables her to understand users and be willing to invest in products over the long term. We believe that world-class products often arise from an unyielding pursuit of perfection. Sequoia is willing to work alongside such entrepreneurs for the long haul, taking on the challenge of achieving world-class products and competing on world-class tracks."
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