From knock-off old-man's electric vehicles to industrial giant

Chapter 178 No, why is he using my words again?!

“Hey—what I mean is that while intelligent driving and intelligence are certainly important, their current commercial value may not be very prominent. So why don’t we focus on more practical commercial attributes?”

Xu Yi's words were pointed.

"A more practical commercial attribute?" He Xiaopeng was slightly taken aback.

"For example, batteries with longer cycle life, better battery safety, and faster charging speeds..."

Xu Yi listed them one by one: "Mr. He, don't you think this is what ordinary consumers are more concerned about right now? Our Polestar battery just happens to take these points into account. Although lithium iron phosphate is heavier, the cost savings are real. With some wind resistance and weight optimization, it's not impossible for its range to catch up with ternary lithium batteries."

He Xiaopeng couldn't help but frown.

"Polarstar Battery?!"

...

Finished speaking.

The others were stunned.

broken!

I understand now.

After talking about intelligent driving for so long, why did a battery suddenly pop into my head?
So you were lying in ambush here?
But let me tell you...

The offer is tempting.

Companies capable of manufacturing batteries should be on high alert, as everyone knows that batteries are the core component of new energy vehicles and also the component with the largest cost.

However, the situation is different when compared to emerging electric vehicle companies.

Originally, it was intended to be procured from external sources.

NIO's main battery supplier is CATL, while XPeng Motors has been in contact with two or three battery suppliers, including Sunwoda and BAK. Since mass production is planned for next year, a final agreement has not yet been signed.

These are all companies that couldn't produce their own batteries in the early stages.

-

“Polestar batteries are indeed excellent. We have looked at many suppliers, and they all have a very high opinion of Polestar batteries, especially considering the lithium iron phosphate route.”

He Xiaopeng thought about it carefully and couldn't help but exclaim in admiration.

He didn't refuse immediately.

Instead, he was internally considering the feasibility of this solution.

Purchasing batteries from battery suppliers is fundamentally different from purchasing batteries from car manufacturers.

After all, there can be direct competition between car manufacturers. If they all purchase battery packs from their competitors, then they won't need to compete with Xingchen Automotive at the same price point in the future.

But then again...

With Polestar's current reputation in the industry and its solid sales figures, it can serve as a powerful advertising tool.

If we can really join forces to do something big, wouldn't that be like riding on the coattails of Star Auto?
They got a great deal.

Big deal.

We'll initially use Polestar batteries, and then switch to our own technology once sales pick up!
The path of developing our own batteries.

If Xingchen Motors can do it, why can't XPeng do it?

Sigrún has taught at the Iceland University of the Arts as a part-time lecturer since and was Dean of the Department of Fine Art from -. In – she held a research position at Reykjavík Art Museum focusing on the role of women in Icelandic art. She studied fine art at the Icelandic College of Arts and Crafts and at Pratt Institute, New York, and holds BA and MA degrees in art history and philosophy from the University of Iceland. Sigrún lives and works in Iceland.

"Brother Bin, this CEO Xu from Xingchen has huge ambitions..."

Next to Li Bin, Qin Lihong, one of the co-founders, couldn't help but lean close to his ear and whisper something.

We've talked about this much.

He finally understood.

Li Bin was just talking about battery swapping, and the conversation drifted to batteries. Now He Xiaopeng is talking about intelligent driving, and the conversation has also drifted to batteries.

What is Xingchen Motors trying to do?
Could it be that they want to become a leading supplier for other emerging electric vehicle companies?
Their ambition is blatant!

“But he has a point,” Li Bin replied.

Everyone here has ambition.

XPeng plans to become a leading new energy vehicle company by leveraging its intelligent driving technology.

NIO also plans to build battery swapping stations all over the country and then bring other car companies on board!
The most important thing is to be able to persuade others to join your model.

just now.

The suggestions offered by Xingchen Automotive are very attractive.

This is not to say that Xu Yi's rhetoric was particularly skillful.

The battery technology is what it is, it's that solid!
From the perspective of optimal benefit, this is also a worthwhile thing to do.

So at that moment, the founders of both companies were somewhat shaken.

but.

Their thinking is clearly one-sided.

Xu Yi's smile deepened.

The future of StarCraft is not limited to manufacturing cars and supplying batteries to people.

Once the air suspension system is successfully developed, it will be fully deployed in the market.

Providing air suspension for other domestically produced cars isn't too much to ask, is it?
Once the intelligent driving algorithm is fully developed, the entire intelligent driving solution can be packaged and sold to other car companies.

Is that too much to ask?

After all, if I can't develop something that you can't, isn't that a benefit to our peers?
Xingchen will be able to make money by selling cars.

Competitors who purchase Xingchen's solutions can also make money.

May everyone have a bright future!!

It can also take advantage of this to create a unique "Starry Sky Supply Chain" in China.

Hey—how about we call it "Starlink"?!

...

the other side.

Wang Chuanfu wandered around the auto show and somehow ended up at the Xingchen Auto booth.

Like the other media vehicles on display today, Xingchen Auto's display stand was simply decorated and embellished, with the two cars quietly placed under the spotlight.

Looking at the Starry S7 with its paint "shining" under the spotlights, Wang Chuanfu felt a headache coming on.

Since this car was released.

The sales of the BYD Qin EV have been significantly impacted.

Only after price reductions and adjustments was the trend barely reversed.

Fortunately, with Biyadi's self-developed and self-produced approach, the profit margin is quite ample, so even if the price is reduced a bit, it won't really matter.

Moreover, the emergence of the Star S7 has actually broadened the already narrow pure electric vehicle market.

So by the end of the month, the Xingchen S7 actually saw growth, and even the pure electric models under the Yadi brand also experienced a certain degree of growth.

It's like when a blockbuster product emerges in the same category, it also boosts public attention to other pure electric vehicles.

Wang Chuanfu was still somewhat unwilling.

According to the established pattern, this task should have been done by Bi Yadi.

Now, they've been overtaken by a newcomer brand.

However, they already have internal plans to equip the next generation of models with 120KW charging and dual-gun fast charging technology.

In addition, the new Tang DM model unveiled this time is just as impressive.

Walking on two legs will definitely be better than standing on one leg!

-

There are already some people visiting the Star S7 nearby.

When he saw an elderly man with narrow-rimmed glasses standing there with his hands behind his back, Wang Chuanfu walked over slowly.

"lead."

"Oh, you're here to see this car too?"

"Just happened to take a look."

"I don't think it's a coincidence. Honestly, how much research have you guys done on this car?"

"Well, the Starry Sky S7 has indeed given us quite a shock, especially in terms of battery."

"Haha, it's really not easy to hear you guys say things like that, even more so than Dumb Di."

Sigrún has taught at the Iceland University of the Arts as a part-time lecturer since and was Dean of the Department of Fine Art from -. In – she held a research position at Reykjavík Art Museum focusing on the role of women in Icelandic art. She studied fine art at the Icelandic College of Arts and Crafts and at Pratt Institute, New York, and holds BA and MA degrees in art history and philosophy from the University of Iceland. Sigrún lives and works in Iceland.

The old man couldn't help but let out a hearty laugh. Anyone who didn't know him would surely be shocked to see this.

After all, as a leading new energy vehicle company and battery giant in China, Wang Chuanfu actually stood obediently by and smiled.

However, the man next to him is the real bigwig who has dominated the domestic new energy industry for the past decade: Mr. Wan, the head of the Ministry of Science and Technology.

Its background is also legendary.

"We were too slow. We didn't expect the industry to develop so quickly. If we had focused our efforts earlier, things might not have turned out this way," Wang Chuanfu sighed.

Their research institute has focused a lot of energy on the next generation of DM technology and the newly initiated internal DM project, while battery technology is actually being developed step by step.

The hybrid market is much larger than the current pure electric vehicle market.

Bi Yadi's habit has always been to secure the profits he can get first.

Unexpectedly, Star Auto and Polestar Battery emerged midway through the process, and their launch was met with such a positive response.

It has greatly expanded the entire pure electric vehicle market.

Mr. Wan smiled and said, "New energy vehicles are, after all, a large-scale industry. To make the market bigger, we need more than just a few companies in the early stages; we need the support of many companies. This is also a good thing for China."

If only one or two car companies sell new energy vehicles, the market won't grow very large, and the public doesn't consider new energy vehicles to be mainstream.

When there are a dozen or twenty brands selling new energy vehicles on the market, and they all improve their battery technology and industrial standards, then consumers' attitudes will gradually change.

Take the construction of charging piles as an example; relying solely on the State Grid's resources is clearly insufficient.

If more companies and third-party organizations join in, consumers will spend money to buy new energy vehicles, and car manufacturers and third-party organizations will invest in building charging piles (battery swapping stations), then a large-scale cycle will be created.

Speaking of it.

Mr. Wan laughed again, "Tesla is coming soon too, Mr. Wang... are you guys ready to compete with Dudi?"

The new energy industry has changed rapidly in the past two years. In addition to the gradual reduction of subsidies, there has been concrete news this year that Tesla will build a factory in China. As the leader, Mr. Wan naturally made the decision on this matter himself.

Two major international events occurred in 11.

First, Buffett's investment in Biyadi attracted the attention of the international capital circle, leading to a surge in Biyadi's stock price.

Secondly, when Tesla CEO Elon Musk was interviewed by a foreign host and asked whether Tesla considers Beatrix a competitor, Musk let out a mocking laugh.

This incident is frequently brought up and criticized by Chinese netizens, which has somewhat affected Bi Yadi's reputation.

so.

Although the two car companies are complete strangers, they have a long-standing relationship.

Today, Biyadi's expertise in new energy vehicles is vastly different from what it used to be.

Wang Chuanfu replied calmly and naturally, "In the future, Biyadi will be the largest new energy company in China!"

That statement shows confidence.

It's not even referring to new energy vehicles, but the entire new energy industry.

Everything about Bimati, from its size to its goals, is moving in this direction.

"amazing."

General Wan nodded.

Given Bi Yadi's development path, he is qualified to say such things.

If China could truly have another phenomenal new energy giant.

This is not only a great thing for the advancement of the car manufacturing industry, but also for the entire new energy industry.

Only with the rise of industry and the resulting industrial and economic foundations can China truly achieve an energy boom.

"I wonder what the CEO of Xingchen Motors is thinking... Oh, the main character has arrived!"

Besides looking at cars, Mr. Wan also wanted to take this opportunity to meet the founder of Xingchen Motors.

just.

After the two finished saying this.

Xu Yi, Li Bin, He Xiaopeng and their group walked over.

The three teams had a very enjoyable chat, so they decided to visit the Xingchen Automotive booth together.

When Xu Yi saw the old man, he was obviously taken aback. Of course, he recognized the head of the Ministry of Science and Technology.

"Hello, Mr. Xu," Mr. Wan greeted with a smile.

"Hello, leader." Xu Yi shook hands with him solemnly.

"This is Mr. Wang from Bi Yadi," Mr. Wan introduced.

"Hello, Mr. Wang. Since the beginning of car manufacturing, Bi Yadi's reputation has been legendary."

"Hello, Mr. Xu."

Sigrún has taught at the Iceland University of the Arts as a part-time lecturer since and was Dean of the Department of Fine Art from -. In – she held a research position at Reykjavík Art Museum focusing on the role of women in Icelandic art. She studied fine art at the Icelandic College of Arts and Crafts and at Pratt Institute, New York, and holds BA and MA degrees in art history and philosophy from the University of Iceland. Sigrún lives and works in Iceland.

Wang Chuanfu and Xu Yi shook hands when they first met.

Xu Yi smiled brightly.

Wang Chuanfu's expression was subtle and scrutinizing.

Li Bin and the others who followed behind greeted General Manager Wan respectfully.

Mr. Wan first expressed his attitude, smiling and saying, "Mr. Xu, the domestic new energy industry is booming right now, and I am very happy to see such an excellent new energy vehicle company as Xingchen Automotive!"

Xu Yi replied, "This is also an honor for Xingchen Motors."

Mr. Wan nodded: "Actually, we were just talking about the subsidy reduction next year and Tesla's entry into China. Mr. Xu, what do you think about this? Xingchen Motors has achieved some success now. Are you still confident in the competition in the next few years?"

Mr. Wan's tone was teasing and direct, which is his usual style.

After thinking for a moment, Xu Yi uttered a boastful statement:

"In the future, Xingchen will be the world's largest new energy company."

The words are spoken.

With a touch of confidence.

And that unwavering sense of conviction.

But everyone around was stunned!

Wang Chuanfu was dumbfounded!

Li Bin, He Xiaopeng, and others were shocked!

After a slight moment of stunned silence, Boss Wan carefully examined the young man before him.

He didn't see a joking attitude in the other person's bright eyes.

It's not just a strong sense of conviction!
in those days.

Domestic industries started in a state of predicament at the low end, and were subject to constraints everywhere. It was only because of a generation of people with boundless faith who followed one after another for a great goal that the scale of the entire industrial chain today was achieved.

"Great! This young man has vision and goals!"

Boss Wan couldn't help but pat the young man on the shoulder with a strong pat, followed by a burst of hearty laughter.

The commotion at the Xingchen Auto booth.

This has attracted the attention of various media outlets.

Although everyone waved to decline the media's approach before the conversation even began.

However, the leader's hearty laughter at this moment still attracted the attention of many reporters.

Someone couldn't resist using a telephoto lens to capture this scene.

I saw——

Mr. Wan, representing the Ministry of Science and Technology, seemed to have heard something good, and his face beamed with a hearty smile.

Xu Yi, the CEO of Xingchen Motors, who was speaking with him, appeared calm and energetic.

Meanwhile, Wang Chuanfu, the CEOs of the other two emerging companies, and other senior executives stood nearby, their expressions ranging from shock and astonishment to blank stares.
It makes one endlessly curious: what kind of topics were these big shots discussing that could elicit such surprised and astonished expressions from those around them?

Click!

Thus, a timeless photograph was born.

-

The next day.

A news item quickly became a trending topic.

[A star-studded media day at the Shanghai Auto Show saw CEO Wan appear at the Xingchen Auto booth, while Wang Chuanfu, Li Bin, and others were relegated to supporting roles?!]

...

(End of this chapter)