Reborn Entrepreneurial Giant

Qiancheng Motors sold 220,000 fuel vehicles in half a year, the average price rose to 140,000, and the sales volume was about 30.8 billion. Hundreds of millions.

Future Geometry's investment will be adjusted according to income. Anyway, it is to maintain investment in advanced technologies under the low-profit model, such as new car development, product upgrades, autonomous driving algorithm iterations, and Geometry Y9's electrical and electronic architecture transformation...

Three main features define a modern electric vehicle: BMS battery management system, redefined electrical and electronic architecture, and automatic (assisted) driving system.

Simply put, this electrical architecture is to reduce the length of the internal wiring harness of the car. An ordinary car may be 5 kilometers of various high-voltage and low-voltage wires. The geometric goal must be less than 2 kilometers. In addition, the car is divided into four modules, namely: the central computing module (information entertainment system, driving assistance system, in-vehicle communication system), front/left/right body control module.

The core idea of ​​doing this is to subtract the car, eliminate hardware redundancy, and reduce costs. For example, since the Geometry G9 was launched, it has been improving car performance through OTA upgrades. It is impossible for traditional cars. Until 2023, BYD will often have some bugs in every OTA upgrade.

To make major adjustments to the electrical structure, many things need to be redeveloped by ourselves, such as the MCU for vehicles, so those chip development teams that do not have universality have to transfer from Arima Auto to Geometry Auto.

Anyway, they are all going around internally. The biggest change is the personnel relationship, and the other salaries and benefits have not changed at all. Most teams are improving the electrical structure around the geometric Y9. Only when the inside is changed, the integrated die-casting outside can be easily formed, and the integration of the body and chassis can be easily changed. Therefore, no breakthroughs can be seen in the short term.

Qu Li arrived at Beijin Geometry Automobile, and listened to their nonsense. The development of Y9 is quite difficult. This year is hopeless, and it is not known when it will be launched normally next year.

Honor and Future Geometry have been separated, but the cooperation is still going on, including Jumei Cloud Computing. They are all working together. As long as Qu Li is still there, there will be no problem.

Honeycomb Energy has changed from a subsidiary of Qiancheng Geometry to a subsidiary of Glory, and more domestic companies have come to seek cooperation. For example, BAIC wants to purchase their batteries, but requires that the factory be built in Beijin.

"Let them roll as far as they can..." Qu Li didn't even need to lift his head, he really thought that Honeycomb Energy was the same as other battery companies.

"Is this inappropriate?" Zhao Mingjie hesitated

"Why don't we give up our batteries to BAIC?" Qu Li said that Honeycomb Energy will also supply General Motors, and BMW will come to seek cooperation. It is normal that the battery production capacity is in short supply. It's good to have something to sell, but if you want to make a request, let's dream.

"Domestic new energy auto companies may be more important than foreign auto companies in the future."

This is true, but BAIC can't do it. They made Jia so badly, and later there was a Mao's pure electric car.

In the past few years, practitioners in the domestic battery industry generally believed that domestic power batteries were more than ten years behind Japanese and Korean companies, and they still hesitated about the success of Honeycomb Energy. I thought that Qu Li was bragging about subsidy like everyone else, but I didn't expect that Honeycomb Energy would do better and better.

It is not that difficult to sell Chinese products abroad. The most difficult thing is how to fool around, because foreign countries are not like domestic ones, and they can brag at will. If companies dare to say that their power batteries can not "spontaneously ignite" abroad, they will definitely be censored. It's hard to say how much the fine will be if you keep an eye on it.

Assuming that there is a power battery that does not "spontaneously ignite", it must be sold to mature markets first. It is no problem to sell a car in China to earn 10,000 yuan and to earn 30,000 yuan abroad. The key is to use this "dimensionality reduction" product. To become one of the best car companies in the world.

Honor plays a huge role in why Geometry can be sold all over the world. There are Honor flagship stores in first-tier cities around the world, and now there are prototypes of Geometry for experience. Honor sells 100 to 200 million mobile phones a year, part of the huge traffic is imported into Geometry Auto, and there is also a potential reputation endorsement.

"The state of Nevada in the United States has launched an unfair competition investigation on Geometry, and believes that the display of Geometry cars in the Honor flagship store violates the principle of fair competition..."

"Is it a violation of the regulations for Tesla to be displayed in a large shopping mall?" Qu Li asked after listening to the person in charge of the legal department of Qiancheng Geometry.

Since we want to go international, we must have our own shield. The legal department is indispensable. Glory has learned from the past. Although we know that it is a waste to have high-quality professionals at this time, Qu Li still uses high-quality talents.

"We are different from Tesla. Honor's clerks introduce geometry to consumers."

"But they can't buy it in Glory."

"That's one of our strongest points, and it's very hard for them to overturn."

"Pay attention to public opinion, don't be led into the rhythm by them..." Qu Li has a glorious experience, knowing that there are many kinds of overt or covert competitions, and China has top technology companies, which may violate the "international policy" formulated by the United States. order", it is very possible that they will be attacked from public opinion and then put into practice.

"Should we strengthen the promotion of Geometry cars overseas?"

Under certain circumstances, where is Qu Li, where is the company's headquarters, and whenever there is a major event in the future, executives will come to him

"Forget it, don't worry, just use my account for publicity." Qu Li is very cautious about this. No matter how much he advertises, he is not as good as traditional fuel vehicle companies, and now he is facing the global market and dealing with the sudden outbreak of public opinion in various countries. Inexperienced, it is likely to fall into some embarrassing scenes, it is better to say less and make fewer mistakes, and let fans (self-media) promote spontaneously.

Qu Li is a shareholder of Twitter, and is still very active on Twitter. Unfortunately, the market performance of Twitter’s listing is not good. His shareholding ratio has dropped to about 5%, and he is still a major shareholder. In addition, his shareholding in FB increased to about 3%, which was increased when FB’s stock price fell below 50% of the IPO price, and half of the funds were low-interest financing. Up to now, FB’s stock price has risen from a minimum of less than 18 US dollars. Over $70 by now, a lot of money.

But it is Tianming Fund that makes money, not his Fanxing Fund. This fund is used as how much money is invested, part of it is used for environmental protection, and part is used for investment. Environmental protection is photovoltaic pastures, ant forests, and seawater rice projects. Investment is biomedicine. Especially for CMO/CDMO companies, WuXi Biologics has invested heavily in building a factory in Xingsha.

"Are you short of money now?" Qu Li listened to the person in charge of the Fanxing Fund who came to report

"Yes, we don't have any income now, and the investment of Galaxy Power depends entirely on..."

"..." Qu Li realized that Fanxing Fund's current situation is that it cannot make ends meet

Then continue to spend money, Jumei’s stock price is more than 80 billion U.S. dollars, and Honor’s market value is 200 billion U.S. dollars. Of course, it is selling Honor’s stock. The money needed is not much, and it is enough to cash out 500 million US dollars, which is less than three thousandths of the stock.