Wolfsburg, Germany.

President Tiss and his think tank watched the launch ceremony of the China New Energy Plan throughout the whole process. Thirteen giant power generation arrays brought deep shock to everyone, and at the same time, there was a heavy sense of crisis.

"Huaxia has raised its acquisition quotation and wants to buy out all our factories in China, including North and South Volkswagen, and Audi's production lines." Vice President Jonathan said.

Humph ~

Tees sneered, "I remember that we were invited by Chinese people back then. Now they have developed electric vehicle technology and want to drive us away? It's so naive. The equity is in our hands. Whether to sell it or not is our own business. Even if we sue, we are not afraid."

Volkswagen Group is indeed not afraid of lawsuits, because the contract is clearly written in black and white, and China and Volkswagen Company jointly own all the interests of the joint venture.

The current situation is that the Huaxia Electric Vehicle Alliance lacks production capacity and wants to buy the joint venture car companies back, while overseas automobile giants refuse to sell their equity.

In this way, assuming that Huaxia uses joint venture factories to carry out production activities, the money earned must be 49% given to the public in accordance with the contract.

Tees shrugged, "The times are different. In the era of electric vehicles, China has mastered key technologies, so we don't mind making less profits from the joint venture, but it is absolutely impossible to drive us out."

"In any case, today is an important day. It depends on the performance of Star Technology tonight. Sooner or later, China will definitely develop a world-class automobile giant, but this is not the key. The key is whether China can have parts giants like Bosch."

Tees's words made everyone nod. Only those who are truly engaged in the automotive industry will understand the importance of Bosch.

Simply put, cars are like computers.

Computer manufacturers like Dell, Hongji, and Huawei are very powerful.

But what is more powerful than computer manufacturers are Intel and Amd, Nvidia, which make graphics cards, Samsung, Toshiba, Western Digital, Seagate, Asus, Gigabyte, and MSI, which make motherboards.

I haven't heard of any automobile manufacturer that can make all the parts. Everyone makes part by themselves, then buys part from outside and combines it into a car product.

Judging from the current situation, Xingchen Technology obviously does not intend to build its own cars. Their goal is even wilder, and they want to replace Bosch, Denso, Mainland, and other parts giants to provide key components to Chinese automobile companies.

You can build any electric cars, but you have to buy them with key components from Xingchen Technology!

Volkswagen Group is by no means a vegetarian. They clearly realize that the key to the problem is not the three major automobile groups, but whether Xingchen Technology can replace Bosch and Denso.

Therefore, a complex and huge panoramic view of the Chinese parts industry was placed in the center of the group's highest conference room.

Vice President Jonathan stood up and introduced in a deep voice: "Before Star Technology entered the automotive field, China had 440 interior and exterior manufacturers, with a total output value of 12,27 billion."

"Six hundred and twelve powertrain manufacturers with output value of 614.7 billion."

"One hundred and forty-eight suspension systems manufacturers with output value of 173 billion."

"One Hundred and Thirty Brake System Manufacturers, with a output value of 147.6 billion."

"Fifty-four automobile wheel manufacturers have output value of 1,45 billion."

"One hundred and seventy-five steering system manufacturers, with output value of 1,225 billion."

"Sixty-eight new energy system manufacturers, with output value of 1,222 billion."

"Twenty-two automobile air conditioners manufacturers, with output value of 34.6 billion..."

Jonathan explained it to everyone one by one. If there were Chinese people present at this moment, they should be shocking for a German company who actually knew China so well.

In fact, global giants have been collecting all data on the Chinese automobile industry, including those screw manufacturers. The judgment of the overall strength of the Chinese automobile industry and the overseas giants is so accurate that it is outrageous.

Jonathan paused and continued: "From this list, it is not difficult to see that before Star Technology, although China manufactured a large number of automobile products, their parts industry was not weak, but very weak."

"The only thing worthy of praise is that Huaxia has a good market share in the automotive interior and exteriors, but that is exactly the part with the lowest profits and lowest technological content in the entire automotive industry."

"In addition, Huaxia has only a few companies that are truly powerful in the parts field. Among them, Huaichai Power is the first to acquire Germany's top hydraulic companies, Linde Hydraulics, one of the world's top ten forklift companies, Germany's KO forklifts, and the world's largest yacht manufacturer, Faraday Group, Italy, for a price of 10 billion yuan."

"I have to admire the imagination of Chinese companies. Huaichai Power was originally just a diesel engine manufacturer, but it actually entered the yacht manufacturing industry. It was really amazing."

Everyone suddenly sighed. The reason why Huai Chai Power became a giant is that it acquired two top German companies and an Italian company should not be underestimated. It would be great if they had prevented their mergers and acquisitions in Germany.

Especially Linde Hydraulics, Shantui, XCMG, Sany, and other major engineering machinery factories all require Linde Hydraulics’ technology.

In the first place, for the sake of 10 billion yuan, the loss was so serious that the Germans unexpectedly that after Huai Chai took away the hydraulic technology, China's engineering machinery manufacturing industry immediately took a step forward.

Jonathan continued to comment on China's existing parts potential enterprises.

Huayu Auto can build almost anything. Its Yanfeng Interior is the largest interior manufacturer in the country. In addition, they have acquired Bosch's automotive steering technology and automotive lighting technology.

Hainachuan is a parts company under BAIC Group. They have acquired the world's second largest automotive sunroof manufacturer, Innafa Group, the Netherlands, and the aluminum alloy parts manufacturer, Trimet, Germany.

AVIC Group bought Nexteer Automobile Systems from North American General Motors, thus gaining a place in the top 100 parts list in the world.

CITIC Deca is the world's largest aluminum alloy wheel manufacturer, and can also build an aluminum alloy chassis.

Ningbo has also had great wins. The top four global automotive safety companies are ZF, Neon Takata, KSS, and Swedish Autoliv.

Ningbo Junsheng acquired both KSS and Takata, becoming the world's second largest supplier of automotive safety products, including airbags.

Currently, the top four automotive glasses in the world are Neon Asahi Glass, Huaxia Fuyao Glass, Neon Plate Glass, and France Saint-Gobain. They account for 88% of the global automotive glass, so Huaxia Fuyao is also a very powerful giant.

Jonathan cleared his throat, "However, all of the above companies combined can't catch up with the impact that StarChen Technology has brought to us in the field of automotive parts."

"This is a crazy opponent, they master the best battery technology, electronic control technology, and motor technology in the world!"

"And now, they have set their sights on one of the largest subsystems in the automotive field, tires. If their solid tire technology is successful, they will get the fourth ace in the automotive parts field!"

"This is why we have to do our best to block Star Technology!"

"As President Tis described just now, the three major groups of China Automobile are not scary. What is really scary is the rapid rise of a new generation of parts giant, Star Technology!"

"In a few more hours, they will release a new generation of solid tires, and this time, it is also a rare opportunity for us. We will work with all the global automotive industry colleagues to launch the most violent bombardment of solid tires!"
Chapter completed!