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Chapter 64: New Energy Vehicles

Just when Jiang Fan and Xu Guangyuan were intensively studying the lithium iron phosphate power battery!

Tesla, the world's number one new energy vehicle, issued a press conference!

The release stated that they have successfully developed a model 4 new energy vehicle, and the battery performance has improved by 30% on the original basis!

Model 4 has a battery life of 425 kilometers and can be charged in as little as 3 hours.

Acceleration from 100 meters to 6 seconds, strong power. Priced at RMB 10,000!

As soon as the news came out, it immediately attracted widespread attention from all over the world!

Longguo is the world's largest sales country of new energy vehicles.

After the press conference, the Tesla New Energy Vehicle Company of Beautiful Country chose to hold a model 4 car exhibition in the Magic City of Long Country as soon as possible!

Many Longguo car owners who like new energy saw the battery performance of the Tesla Model 4 and started discussing it on the Internet!

Netizen 1 [The battery performance of this Tesla model 4 has been improved by 30%, which is very good, and the appearance is very cool. I like it and am planning to buy one!]

Netizen 2 [A new energy vehicle can run 100 meters in 6 seconds. This power is absolutely powerful. I didn’t expect that new energy vehicles can also experience the feeling of pushing back!]

Netizen 3 [I feel that the most important thing about a new energy vehicle is its battery life. The Tesla Model 4 has a battery life of 425 kilometers, which is quite attractive to me.]

Netizen 4 [Electricity costs 2 cents per kilometer, and one charge only costs 85 yuan. Compared with gasoline cars, you save a lot! It’s worth buying!]

Netizen 5 [Resolutely resist, Tesla is a brand from the beautiful country, if I want to buy it, I will buy BYD, support domestic production!]

Netizen 6【Yes, we must support domestic production!】

Netizen 7 [We also wanted to support domestic production, but the key BYD battery is not good! Even though Tesla is more expensive than BYD, I still choose Tesla!]

Netizen 8 [Now that Longguo has joined the WTO, what are the foreign and domestic brands? Whose products are better, whose products I will buy!]

Netizen 9 [Those who use the banner of supporting domestic production, I think they are poor! There are still people who support rubbish byd, they are really stupid!]

【……】

While the debate among netizens was in full swing, BYD headquarters also held a high-level emergency meeting for this purpose!

In the conference room, Mr. Wang from BYD listened to the report from the leader of the data analysis department with a sad face!

"We analyzed one million car owners through the big data of Chewang. 67% said they like Tesla Model 4, and 31% of them said they would buy it..."

"Our byd new energy vehicles account for 26.8% of Longguo's new energy vehicle market share..."

"This time Tesla's new energy vehicle Model 4 has had a huge impact on our overall sales. It is estimated that our BYD new energy vehicle market share will drop to..."

When the leader of the analysis department said this, he glanced at Mr. Wang, who looked ugly, and hesitated whether to continue talking!

Mr. Wang glanced at him and said directly!

"explain!"

The leader of the analysis department was also frightened and said cowardly!

"Market share will drop to 9%!"

"Snapped!"

Mr. Wang immediately slapped the table and pressed his hands on the conference table, his face flushed with anger!

9% market share?

Now their 26.8% market share is barely enough to survive!

If their market share really drops to 9%, they will lose about 3 billion every year and will definitely face bankruptcy!

Two minutes later, Mr. Wang calmed down, slowly sat on the stool, turned to the executives of the R&D department and asked!

"Manager Gao, what's the progress of our R&D department?"

Now, he can only place his hopes on the R&D department.

Only by developing batteries with better performance can they solve the fundamental problem!

But the senior manager of the R&D department said with a somewhat disappointed tone!

"not yet!"

Mr. Wang already knew the answer before he asked this question again.

Improving battery performance does not happen overnight.

Before Tesla improved its batteries, the battery technology level of new energy vehicles was almost the same. BYD still had the ability to compete with Tesla in the market!

But now, Tesla has fully improved the battery performance to 30%. With such a big gap, there is no competitive capital at all!

Mr. Wang raised his head and looked at all the executives present, and then said!

"Let's discuss how our byd group will face this competition next!"

At this time, the marketing manager thought for a moment and said to Mr. Wang!

"Mr. Wang, we feel that if we lower the market price by 10%, we should still be able to capture some market share!"

After hearing this, the budget department immediately stood up and said!

"If the market price is reduced by 10%, our profits will be reduced by 33%. Now our annual profits and losses are flat. If we adjust the price, we will enter a loss-making state. This is tantamount to chronic suicide..."

"Chronic suicide is better than losing market share. At least we can still survive! As long as the R&D department develops a new battery, our group's problems can be solved!"

"I don't agree with price cuts, which will make consumers think that BYD will only make inferior new energy vehicles, which will seriously affect our reputation..."

"..."

Mr. Wang frowned. Lowering the price would indeed give his group a chance to breathe, but this was not a long-term solution after all!

Just when everyone is arguing endlessly about whether to lower prices.

At this time, the manager of the R&D department said weakly!

"Mr. Wang, new energy vehicles are currently a project strongly supported by the state, and our byd group is the largest new energy vehicle company in Longguo. Can we ask for help from the state?"

As soon as these words came out, the entire conference room immediately fell silent!

Everyone suddenly realized it!

yes!

There is a country behind them!

At this time, Mr. Wang also thought of one of his high school classmates.

He is currently doing research on materials at Longke University. Maybe he knows some professors and experts who are engaged in battery research.

After Mr. Wang gathered his attention, he said to everyone.

"Manager of the External Relations Department, please negotiate with the relevant national departments and report the problem..."

"The market price will not be adjusted for the time being..."

"The R&D department must increase capital investment and develop a new battery within a short period of time..."

"Other departments should proceed step by step and perform their respective duties!"

"I believe that our BYD Group will be able to survive this crisis! Besides, we have our motherland behind us..."

Mr. Wang’s words instantly ignited everyone’s hopes!

After the meeting was over, Mr. Wang took out his phone and contacted his high school classmates from Longke University!

The laboratory of Mr. Longke Dalong!

Jiang Fan and the others conducted experiments in an orderly manner.

This is already the eighth day of their research!

Wait for Xia Xiaoyu to put the last iron phosphate material into the container.

She stretched out tiredly!
Chapter completed!
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