Rebirth of a technological powerhouse

Chapter 111 BYD's Visit

World Internet Conference.

The effects are already showing.

The most obvious is the field of artificial intelligence, and there is no one in the entire field of artificial intelligence that is not affected.

But to say the most obvious, it has to be automatic driving!
The valuation of Mobileye, Intel's self-driving technology company, was lowered from the original more than 500 billion US dollars to 50 billion US dollars in just one week, shrinking by nearly 500 billion US dollars.

Before, Mobileye was an absolute giant in the field of autonomous driving!

In addition, companies in the autonomous driving field such as Waymo, cruise, Argo Ai, and Aurora are all greatly affected.

This means that these giants have invested more than 350 billion U.S. dollars in research and development in the past, which is a waste of money.

From the perspective of valuation, that is hundreds of billions of dollars and trillions of dollars in ashes.

Since Cai Jin has pushed out the automatic driving, he will naturally not hide it, and naturally let the automatic driving be applied.

Just after the National Day holiday, Mr. Wang from BYD came to the door.

"Mr. Cai, your company has quietly released a big star!" Mr. Wang was still in disbelief.

In the field of new energy vehicles, Mr. Wang has persisted for more than ten years. He has been ridiculed from being weak, and has gradually achieved the number one position in China's self-service brands in new energy vehicles.

Although there are still many people laughing at BYD, they think that BYD's new energy vehicles are not worth mentioning compared with Tesla.

But it's like, in the past few decades, some people have been criticizing and accusing the country of being weak or weak, but it can't change China's step by step towards becoming stronger.

The same is true for BYD.

BYD is also constantly becoming stronger. It may have some shortcomings, but it has become stronger in overcoming the shortcomings.

For new energy vehicles, BYD is undoubtedly the first among major Chinese brands, and its sales and word-of-mouth are constantly rising.

BYD's new energy battery is also an undisputed giant in China.

And BYD is also the world's OEM giant, Apple mobile phone, Huawei mobile phone, Xiaomi and other smart phone brands, BYD is in OEM.

Although the foundry is only earning some hard money, it is the same principle that if you gather less, you will get more.

Without a steady stream of profits, it is impossible to become stronger.

Mr. Wang can't wait to come to visit because Cai Jin has mastered two technologies that make him salivate - all-solid-state lithium battery and automatic driving!
This is all directly related to new energy vehicles!
All-solid-state lithium battery, which involves the energy system. New energy vehicles are different from traditional vehicles. The three major components of traditional vehicles are the engine, chassis, and transmission, while the three major components of new energy vehicles are motors, batteries, and electronic control systems!
The motor can be understood as the engine on a fuel car. It is the power source for the car to move forward. In addition to providing the car with forward power, it can also store the kinetic energy of the car in reverse for the car like a generator. In the battery pack, this is the most common "kinetic energy recovery" for new energy vehicles.

The battery is equivalent to the mailbox of a traditional fuel vehicle. It is also a device for storing energy for the vehicle. It is directly related to the endurance and cost of use of new energy vehicles.

The electronic control system plays the role of a "housekeeper" in new energy vehicles. It combines most of the new functions of the traditional fuel vehicle EUC. Almost the entire electronic control system of the vehicle is managed by the electronic control system. Therefore, the electronic control system plays a very important role in new energy vehicles.

All-solid-state lithium batteries have always been regarded as the next-generation batteries for new energy vehicles. Its safety is far beyond that of liquid lithium batteries. Equipped with all-solid-state lithium batteries, new energy vehicles will no longer be "spontaneously ignited" There was an accident.And using all-solid-state lithium batteries, the battery life of new energy vehicles can reach 1500 kilometers or even 2000 kilometers under the same circumstances when fully charged at one time!

There is no doubt that at this point, new energy vehicles will have a huge competitive advantage, and they will be able to beat traditional fuel vehicles with a hammer.

Self-driving, needless to say, can directly liberate people's hands.

Of course, to go further, if Cai Jin authorizes artificial intelligence, then the entire electronic control system will be completely solved, which will far exceed the most advanced technology in the world.

"President Wang, you are being polite! You are the business senior." Cai Jin looked modest.

For these people who really develop industries down-to-earth, Cai Jin admires from the bottom of his heart.

After all, thanks to the efforts of these entrepreneurs, China's industry has changed from only making clothes, socks and shoes, and million shirts can only be exchanged for one Boeing aircraft, to a new era where all major industries are available and competitiveness is constantly rising.

"Mr. Cai, this time I came to seek cooperation." Mr. Wang explained his purpose of coming: "I am in the business of automobiles, especially new energy vehicles. Control system, reached a cooperation with your company."

Cai Jin smiled and said: "Speaking of which, I am a loyal user of your BYD. My own car is BYD. The hundred official vehicles purchased by our company all belong to your BYD."

Mr. Wang was surprised when he heard this.

He didn't expect that there was such a connection between them.

In an instant, Mr. Wang became optimistic about this trip.

"All solid-state lithium batteries, electronic control systems, and motors can all cooperate." Cai Jin smiled.

For cooperation, he will not reject it at all.

Man's energy is limited, he can't do everything.

It is impossible for him to do new energy vehicles by himself. He does not have the energy or interest.

For example, all solid-state lithium batteries, even if the total output reaches the planned output value, all the output is used for new energy vehicles. According to the current top-equipped new energy vehicles of BYD, it can only meet 25 vehicles.If it is based on low-profile new energy batteries, it is nothing more than a million vehicles.

And you must know that the sales of new energy vehicles are constantly rising, and what is needed are millions or even tens of millions of vehicles.

If they rely solely on their own production, even if they continue to expand for ten years, it will be difficult to meet the needs of the market.

Therefore, Cai Jin not only needs to attract business for his own company, but also can find OEM production, and the battery factory under BYD is not small in scale. Vehicle power battery output.

Not only all solid-state lithium batteries, but also chip foundry and motor foundry!

Give part of the profit to the foundry, and make money lying down!
Isn't this what Apple, Qualcomm, etc. have done before?
Mr. Wang was overjoyed when he heard this!
This trip by myself is the right time!

He did not expect that Cai Jin had mastered motor technology.

You know, whether it's lithium batteries, motors, or chips, BYD has its own production.

BYD is able to keep costs down because many of them can be produced by itself, thus continuously reducing production costs and operation management costs.

And this aspect highlights the competitiveness of BYD Auto.

In the past, people dismissed domestic cars and thought they were rubbish.

When buying a car, you have to buy an imported car, or even a joint venture car if you are not good enough.

But looking at it now, everyone is used to buying domestic cars, and domestic cars can even be sold at mid-to-high-end prices. Looking at the brands of those traditional auto giants, how many of them have found it difficult to gain a foothold in the Chinese market, and how many of them can no longer be sold. , profits fell again and again.Looking at the joint venture car, the days of lying down and making money are already over.

(End of this chapter)