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Chapter 68 The situation changes

With the exposure of the cooperation between Dongtang Power Grid and Galaxy Technology, everyone was stunned.

The Lingnan power storage station and wind power station projects cost as much as 23.75 billion yuan.

This is still a preliminary pilot project. If it runs well, it will be promoted across the country.

Some people on the Internet estimate that if they are really implemented nationwide, these two projects will generate an economic scale of at least one trillion yuan.

The investment scale of Dongtang Power Grid's pilot project in Lingnan is 30 billion yuan, which means Galaxy Technology accounts for 80% of the orders, and the rest is supporting facilities and infrastructure.

Even if the country takes more than ten years to complete, it will still bring tens of billions of dollars in orders to Galaxy Technology every year.

A man with black technology is so terrifying.

Although no one knows that Galaxy Technology can make profits, even if it is only one-tenth, it is a decent revenue of several billion every year.

After the BYD representative returned to the company, he quickly reported the Galaxy Technology press conference to Chairman Wang Jifu.

Wang Jifu did not expect that Galaxy Technology would already have the power to subvert electric vehicles and even the automobile industry in just over a year.

He couldn't help but smile bitterly, how could he be bright when he was so happy?

Toot toot

Wang Jifu was deep in thought when he suddenly saw his phone ringing, huh? It turned out to be this number.

He answered quickly.

"Hello! Hello Hanbu! Recently" Wang Jifu was about to say a few words.

However, the other person directly interrupted him.

"Okay, there's no need for the stepfather to exchange pleasantries. I'll keep the story short."

"Well, okay, I'll listen!"

"The higher authorities have decided to comprehensively tighten the approval of new energy vehicles. Everything will be in accordance with Galaxy Technology's standards. You must be prepared. That's it."

After saying that, the other party hung up the phone directly.

Wang Jifu was stunned and even forgot to hang up the phone.

Although Han Bu's words just now were only a few sentences, the amount of information was quite astonishing.

There is a lot to be said for tightening the approval of new energy vehicles and complying with the standards of Galaxy Technology.

To what extent is the tightening of approvals, and according to Galaxy Technology’s standards, is it all or part of it? These are all questions.

Wang Jifu quickly asked his assistant to notify all shareholders and management to come over.

In fact, not only BYD received the notice, BAIC New Energy, a state-owned enterprise, was the first to know the news.

Other car companies have also received relevant news one after another.

This is like water pouring into a boiling oil pan - the reaction is violent.

These car companies couldn't care less about the Spring Festival holiday and quickly brought shareholders and management over for a meeting.

Wang Jifu and BYD's shareholders and management gathered together, but they did not feel any joy at celebrating the Spring Festival. Instead, the conference room was filled with smoke and the atmosphere was solemn.

If it fails now, BYD may be eliminated by history.

"Mr. Wang, is this really what it means?" a major shareholder asked doubtfully.

Wang Jifu nodded and said, "The news came from an old acquaintance of mine in the Ministry of Industry."

"What should we do now?"

"Cold!" said a shareholder, spreading his hands.

"Why don't we discuss it with Galaxy Technology and see if we can introduce their battery production line?"

"Don't be crazy, they won't agree. Huawei originally planned to invest 1 billion in shares, but Huang Junjie didn't even agree. Just think about it now."

"What else should I do? Should I wait to die?"

Of course Wang Jifu is unwilling to do so, but Galaxy Technology is now in the right place at the right time and with the right people.

In terms of technology, they have Thor batteries and Pengpai Motors; in terms of sales channels and services, they have Thor charging stations across the country; plus policy support.

It was almost impossible to lose. Faced with such an opponent, Wang Jifu was also desperate.

But if it caters to Galaxy Technology's standards, it means that BYD will lose two cores, namely the battery and the motor.

For an electric car, if the battery and motor are in the hands of others, is the car still BYD?

If you look at the current electric vehicle industry, you will know that Galaxy Technology has a complete monopoly on batteries and motors. It seems that five companies including Raytheon, Yadia, Aima, Taizhou and Lifan are competing. In fact, anyone with a discerning eye knows that Galaxy Technology behind Thor is the one who deserves the top spot.

ruler.

Without Huang Junjie’s nod, no one would be able to get involved in the electric vehicle industry. After all, the specifications and patented technologies of charging station spare parts, batteries, and motors are all under Galaxy’s control.

Current electric vehicles are about to face this situation as well.

This is a Spring Festival that makes all car companies unhappy, except of course Penang Dynamics.

Sure enough, the Spring Festival has just passed.

Starting from February 10th.

The Ministry of Industry issued five notices in a row.

"Notice on Rectification of Automobile Companies with False Standard Parameters", "Notice on Prohibiting the Use of Lithium Batteries in Transportation Vehicles", "Notice on Standards for New Energy Vehicles", "Notice on Standards for New Energy Charging Stations", "Notice on Subsidies for New Energy Vehicles"

"Adjustment Notice".

Among them, the "Notice on Rectification of Automobile Companies with False Standard Parameters" not only criticized BYD, Geely, Jianghuai Jinlong, but also the state-owned BAIC New Energy Changan Haima GAC, and the foreign-funded Tesla were also on the list.

These car companies are required to comprehensively rectify the false markings on all models within a three-month deadline.

If this notification is just scratching the surface, then the next four notifications are fatal.

The Ministry of Industry directly banned the use of lithium batteries in vehicles sold in Tang Dynasty, citing serious pollution and poor safety performance of lithium batteries.

Obviously, this policy directly caused car companies that use lithium batteries to suffer disaster.

Especially Tesla and BYD, if they cannot use lithium batteries, they can only use Thor batteries.

It may be easier to say than Yadi, but Tesla is a little uneasy. After all, Sydney has learned from the past. Elon Musk rushed to China from Mi Li's house urgently.

He did not expect that Tesla's situation in Dongtang would suddenly become so passive.

In its notice banning the use of lithium batteries, the Ministry of Industry highlighted the multiple explosions and spontaneous combustion of Tesla electric vehicles, which made Tesla even more passive.

Elon Musk at the Shanghai branch.

"President Musk, the current situation is very troublesome. Dongtang may have decided to counterattack by banning lithium batteries because of the Mi Li family's suppression of Dongtang Enterprises." A vice president of Tesla Dongtang Branch said helplessly.

"If we purchase batteries from Raytheon Battery Company, what price will we have to pay? If it is the price of two dollars per gram, there is no need to negotiate." Elon Musk suddenly asked.

"This needs to be discussed in detail, and we cannot understand Galaxy Technology's attitude." Tesla Dongtang President Lin Qinghe said with a frown.

Elon Musk was walking around in the office, obviously very distressed at this time.

At this time, Tesla had not yet invested in building a factory in Dongtang. Coupled with the sudden rise of Power, the official attention of Dongtang to Tesla has dropped by several levels.

But Elon Musk knows that if Tesla loses the Dongtang market, its performance will shrink by at least half.

As a listed company, this situation is quite dangerous. If you are not careful, the market price may drop by dozens of percent.

In addition, Tesla is currently facing many internal problems, and Elon Musk can't help but have a headache.


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