Shopkeeper Wang frowned slightly: "Director Wang, are you so negative about the Yunba project?"
Wang Yi nodded: "Yes, very unfavorable. Yunba is not a car, and it is not aimed at ordinary consumers. For cars, as long as our products are well made, there will be consumers willing to pay. It is a simple logic."
"But what about BYD Yunba? Your customers are major cities! It's easy to impress consumers, but it's difficult to impress major cities."
"First of all, you have to get the favor of key figures in the corresponding city and are willing to introduce BYD Yunba. Then you have to pass the approval of the city's Development and Reform Commission. Once the approval is passed, you have to pass the project feasibility analysis..."
"It's all very difficult, very difficult. If there is a problem in any link, just let it go!"
Wang Yiyue said, and everyone's expressions became more and more gloomy.
But what Wang Yi said is true. BYD's senior management and shareholders are all smart people, so they naturally know how difficult it is.
Wang Yi continued: "Okay, even if everything is passed and the project is signed, do you think it's done?"
"No, this is just the beginning of failure!"
"The Yunba project is very expensive, costing RMB 150-200 million per kilometer. Even if the contract is signed, many cities cannot come up with enough funds to support the construction. On the contrary, most projects are cut off halfway and the projects are unfinished!"
"This..." Everyone was silent again.
But no one questions it.
Transportation projects are inherently high-investment, low-yield, and suffer losses every year.
So it’s easier to finish!
Shopkeeper Wang is not giving up yet: "Dr. Wang, although the road is tortuous, the future is bright. As long as we BYD Yunba get through it and make a good reputation, the future will be smooth."
Wang Yi waved his hand and found that shopkeeper Wang was a typical idealist.
Just think about good things!
"The road is tortuous and the future is bleak!"
Wang Yi said bluntly: "You all know the current economic situation and debt situation of major cities. There are not many rich people. Even if they have money, they will give priority to investing in subway construction and light rail construction!"
"Why?"
"Because subways and light rails have large passenger capacity and are fast, they are expected to be profitable. They can also be merged with the existing transportation network to improve traffic efficiency and alleviate the pressure of urban traffic jams."
"And what about BYD Yunba?"
"The monorail model has a small passenger capacity, slow speed, high noise, and unstable operation. It cannot be fully connected to the grid with the existing subway and light rail."
"To put it bluntly, if a city invests in subways and light rails that can be connected to the grid, have a large passenger capacity, and are fast, they are obviously more promising and easier to recoup. Then why do you have to invest in subways and light rails that cannot be connected to the grid, have a small passenger capacity, and are slow?
Yunba?”
"Is there something wrong with your brain?"
"This..." Shopkeeper Wang's mouth twitched, but he was unable to refute.
Wang Yi changed the subject: "With high investment and low passenger efficiency, BYD's Yunba project will be killed by most cities during the approval stage!"
"Especially in wealthy cities, they will give priority to subways. In places where subways cannot be built, they will choose light rail for the purpose of connecting to the grid, instead of Yunba, which cannot be connected to the grid."
"The remaining cities, even if they have passed Yunba's approval, are relatively poor economically and cannot support Yunba's high investment. In the end, either we will have to advance money from BYD, or the project will be unfinished."
"The former is unrealistic. BYD is also short of money. We are doing Yunba to make money, not for charity."
"The latter is even more boring. Once the project is unfinished, let alone making a profit, there is a question of whether we can recover the capital."
At this time, Shopkeeper Wang didn't know what to say.
Although I felt very sad, I couldn't deny what Wang Yi said.
Listening to what Wang Yi said, BYD Yunba seems to have a bleak future!
Other directors and senior management nodded in agreement.
In fact, many people had opposed the Yunba project long ago.
Without him, we already have subways and light rails, so what does Yunba mean?
To put it bluntly, this thing is just like magnetic levitation, short-lived.
As long as it cannot be integrated with the existing transportation network, development will be difficult.
As long as the cost is high and the carrying capacity is low, it will be even more useless.
But as an idealist, Shopkeeper Wang still doesn't want to give up easily.
Wang Yi had no choice but to continue:
"When people buy things, they also know how to shop around and choose the one with the best deal."
"BYD Yunba is not cheap at all compared to light rail. Its passenger carrying capacity and profitability are not as good as light rail. It cannot be connected to the subway grid. What do you think they are trying to do?"
"As long as there is no serious illness or other interests, we will not build the more cost-effective light rail and build Yunba!"
Wang Yi said this very bluntly.
To put it bluntly, Yunba is an airbus, and its passenger capacity is so small that it is difficult to describe it.
One carriage can carry up to 70 passengers, and three carriages can only carry 210 passengers.
Even if there are four carriages, there are only 280 people.
That's right, just that few.
As for the subway, the eight carriages can carry as few as 2,000 passengers, while the 8A carriages with as many as 8 carriages can carry up to 3,456 passengers!
Ten times that of BYD Yunba!
Even the light rail can carry thousands of passengers, and the cost is about the same as Yunba.
It can be said that with such high costs and such low passenger capacity, the return on investment of Yunba is too low and it cannot be connected to the subway network.
It is precisely because of this that the Yunba project has been killed by the National Development and Reform Commission in many cities.
Even more than ten years later, there will only be BYD Yunba in four or five cities.
And there are only one or two lines, very few in number, just as a supplement to the subway and light rail.
Mostly in order to attract BYD to invest in the local area, such a costly thing was specially approved!
Anyone who really wants to improve urban commuting will choose subways and light rails.
After all, the difference in passenger capacity is ten times, which is a huge difference.
Shopkeeper Wang still wanted to make the final struggle: "Dr. Wang, Yunba is positioned as a small-capacity commuter. It can't be compared with the subway!"
Wang Yi smiled: "Commuting with a small passenger volume? You can do this in Europe Union, they have fewer people. But in China, first- and second-tier cities have tens of millions of people. Most of the places that need subways and cloud buses are business districts.
.How many people commute to the business district? Your 280 per trip is a drop in the bucket, what can you do?"
Shopkeeper Wang was speechless for a moment: "..."
"A subway can carry two to three thousand people in one trip. You Yunbala takes away 200 people. How long do you have to wait for the remaining 2,000 people?"
"This..." Shopkeeper Wang was completely silent.
Wang Yi waved his hand, not bothering to say more: "Well, since it is the board of directors, how about we vote? I propose to terminate all research and development of the Yunba project. If you agree, please raise your hands."
With that said, Wang Yi was the first to raise his hand.
After a brief hesitation, other shareholders and senior executives also raised their hands.
Before Wang Yi appeared, shopkeeper Wang said whatever he said was true, and it was difficult for them to object even if they wanted to.
No one even wanted to come forward.
Now that Wang Yi took the lead and took the lead, they naturally raised their hands and gave their full support.
After all, no one is optimistic about the Yunba project except the top leader of Yunba and shopkeeper Wang.
Seeing that more than 70% of the people raised their hands, the corner of Shopkeeper Wang's mouth twitched.
But I also understand that this matter cannot be eased.
BYD Yunba project is cool!
Wang Yi rejected it directly. Three times the voting rights were useless, so I rejected it.
"Perhaps the Yunba project really has no future." Shopkeeper Wang sighed: "I accept this result and will completely stop R&D investment in the Yunba project from now on."
In the previous life, BYD Yunba invested 10 billion in research and development, but in the end only a few were built.
Most of them are friendly cooperation...
There is no way. Small cities cannot afford to build Yunba. Yunba cannot meet the passenger demand of big cities, and it cannot be connected to the grid. It is better to build subways and light rails directly.
The result is neither good nor bad.
Shopkeeper Wang’s expression was a little complicated. He didn’t expect that the introduction of Wang Yi’s 5 billion strategic investment would directly negate his two major strategies!
Diversified development and the Yunba project were both rejected!
The problem is, what they said was so reasonable that he could no longer refute it, and even more than 70% of the directors agreed.
Shopkeeper Wang looked at Director Wang: "Since Director Wang rejected the two major plans I proposed, then according to Director Wang, how should BYD spend the five billion so that it can be spent wisely?"
Wang Yi smiled faintly: "It's very simple. Focus on core industries and make flagship products!"
"BYD is doing the right thing in terms of new energy, electric vehicles, and battery development, and there is no problem at all. But the problem is that it is not in place yet and has not produced core products!"
Wang Yi said: "I am not opposed to diversified development, but I want to diversify in the core business, rather than diversifying across industries and diversifying into an unfamiliar and unfamiliar field."
"Our core is new energy vehicles, so we will develop around new energy vehicles."
"We can invest heavily in R&D and breakthroughs in three-electric systems, power systems, etc."
"Currently, these are monopolized by European and American giants, and many components rely on companies such as Bosch."
"No matter how high their price is, we have to agree. Even if they increase the price casually, we have to accept it."
"If we cannot achieve self-research and self-production, we have to be controlled by others. There is no way around it."
Everyone nodded, that's the truth.
At this time, BYD is still unable to achieve comprehensive self-research and production.
Wang Yi continued: "The key to our current predicament is here. Increase investment in R&D on core accessories and achieve self-research and production as soon as possible."
"Once we achieve self-research and self-production, not only can we get rid of external dependence and get rid of being blackmailed by foreign companies by raising prices, but we can also sell our self-researched and self-produced accessories to domestic and even international friends, and in turn steal Bosch's jobs.
!”
"Once this happens, BYD will transform from an automobile manufacturer to a manufacturer + industrial chain supply giant!"
"This is also diversified and more stable!"
"For example, in batteries, BYD has been developing lithium iron phosphate batteries. Although they are very good, they are not powerful enough."
"If we can develop a lithium iron phosphate battery with lower cost, better safety, and a battery life comparable to ternary lithium batteries, it will be stable."
"Not only BYD will use it, but many friends will also purchase it. By then, BYD will transform from a car manufacturer to a manufacturer + power battery supplier."
As soon as he finished speaking, there was a round of applause.
Everyone is very excited, this is the right way to develop.
Focus on diversified development of new energy vehicles, from automobile manufacturing to industrial chain supply.
After self-research and production, for internal use, you can reduce your own costs and get rid of dependence.
By selling it externally, you can earn more profits and achieve diversified layout!
Even shopkeeper Wang nodded repeatedly: "Director Wang is right, this is the core development path that BYD should take. Before, I was blinded by a leaf, and I looked far away instead of the near."
Shopkeeper Wang was full of emotions. He left the automobile industry that he was familiar with not developing and instead made BYD mobile phones and BYD TVs across industries...
Isn't this seeking death?
Or take the initiative to die, rather than the near and far away!
Of course, Wang Yi couldn't directly say, "Hurry up and make the blade battery!"
In the previous life, BYD only launched a new blade battery in 2020.
I don’t know in this life.
But if BYD doesn't make it as soon as possible, then let Xingyi Automobile develop it!
Shopkeeper Wang looked over: "What Director Wang means is to invest 5 billion in the research and development of core automotive technologies and accessories!"
"That's right!" Wang Yi nodded: "BYD is most in need of good news at the moment. If we can achieve a breakthrough in core technology or core accessories, it will undoubtedly be a major benefit. If we can also supply it to friends and achieve commercialization, let
When capital sees profits, it will naturally be willing to invest in BYD. By then, BYD's stock price will soar."
"Okay, okay!" Shopkeeper Wang agreed very much:
"Then let's do it. The future of new energy is bright, and power batteries are the core. We at BYD have been researching and developing for many years, and we continue to increase investment, and big breakthroughs are also expected. But at the moment, lithium iron phosphate and ternary
There are huge differences between the two technical routes for lithium batteries. Mr. Wang, why are you here?"
"Lithium iron phosphate and ternary lithium batteries are indeed competing for power. Currently, funds are limited and comprehensive research and development is unrealistic. We can only choose one of the two."
Wang Yi paused: "As we all know, lithium iron phosphate batteries are more stable and have stronger high temperature resistance. Lithium iron phosphate can withstand high temperatures of about 500 degrees, while ternary lithium batteries cannot withstand temperatures of two to three hundred degrees. Therefore, in terms of safety,
, lithium iron phosphate wins completely.”
Wang Yi knew that in the car that spontaneously ignited in his previous life, ternary lithium accounted for 60-70%, which was much higher than lithium iron phosphate.
"In terms of cost, it is also much lower than ternary lithium."
"The lifespan is two or three times that of ternary lithium. With normal use, lithium iron phosphate can be used for eight to ten years. However, ternary lithium requires battery replacement in three to five years."
"However, in terms of battery life, with the same quality and volume, ternary lithium has a higher energy density and a longer battery life than lithium iron phosphate."
"In winter, lithium iron phosphate in the north will attenuate by about 30%, while ternary lithium will only attenuate by 15%."
"It can be said that both have their own merits."
"Lithium iron phosphate has low cost, higher safety, and long life, but its battery life is short and it attenuates seriously in winter."
“Ternary lithium batteries have high cost, poor safety, and short lifespan, but they have long battery life and reduce attenuation in winter.”
"It seems like both are imperfect and have fatal flaws."
"For this reason, there is a saying that if the north is afraid of attenuation in winter, ternary lithium is used. The south is not cold in winter, so lithium iron phosphate is safer."
"But if we really have to choose between the two, I hope BYD will choose lithium iron phosphate, with safety first."
"This spontaneous combustion incident has made us very passive. No matter what the conclusion is, we don't want to experience it again, right?"
Everyone nodded.
One person died of spontaneous combustion, causing BYD's stock price to evaporate by tens of billions, and it was on the verge of bankruptcy!
No one wants to do it again.
However, ternary lithium has poor stability and a high probability of spontaneous combustion.
In a past life's acupuncture experiment, BYD's lithium iron phosphate blade battery was punctured, but it was maintained at 30-50 degrees and still ran normally.
As for ternary lithium batteries, all spontaneous combustion and short circuits occurred in the acupuncture test without exception.
This is the essential difference.
There are also battery cars. The original bulky lead-acid batteries were heavy, but they did not spontaneously ignite so much.
The lithium battery that was later popularized was lightweight and had a long battery life, and could easily set a camp on fire, destroying all the cars in a carport.
Regarding this aspect, Wang Yi still seeks stability.
Safety first!
"I support full-scale research and development of lithium iron phosphate!"
"Yes, ternary lithium is immature and unsafe, but lithium iron phosphate is more reliable."
"I support it too."
Everyone spoke one after another, all supporting Wang Yi's opinion.
Wang Yi waved his hand: "It is possible to develop lithium iron phosphate, but it is not enough. The energy density of lithium iron phosphate is much worse than that of ternary lithium, and the battery life is also much worse."
"The battery life is already poor. In winter, in the north, the attenuation is more serious, which makes it worse."
"this……"
Everyone was silent.
Shopkeeper Wang all agreed: "As Director Wang said, the original battery life of lithium iron phosphate batteries is 30% lower than that of ternary lithium batteries. If it degrades by 30% in winter, it will be completely over. Consumers will scold us."
Wang Yi nodded: "So, we have to invest heavily in developing a lithium iron phosphate battery with an energy density comparable to ternary lithium. In this way, lower cost, higher safety, and longer use
The lifespan is the same as that of ternary lithium. Even if the attenuation is 15% more in winter, it doesn’t matter. After all, it has more advantages.”
"Yes, if that's the case, it would be absolutely crazy. How could such a lithium iron phosphate battery exist? This is unrealistic!"
Shopkeeper Wang was all confused.
If the battery life of lithium iron phosphate can match that of ternary lithium, then nothing will happen to ternary lithium.
The blade battery in the previous life was like this.
The cost is much lower than that of ternary lithium, the battery life is about the same, it is safer and has a longer lifespan. Except for the attenuation in winter, it completely beats ternary lithium.
Unfortunately, the official subsidies for ternary lithium are higher, which greatly reduces the cost of ternary lithium and reduces the advantages of lithium iron phosphate.
This led to the explosion of ternary lithium, even surpassing lithium iron phosphate.
Credit for subsidies.
As long as there are no special subsidies, or the same subsidies as lithium iron phosphate, ternary lithium has a higher cost and a similar battery life, and it cannot compete with lithium iron phosphate blade batteries!
Wang Yixiao said: "It is precisely because of the difficulty that huge sums of money have to be invested in research and development. If it can be done casually, it will not be considered high-end technology."
Shopkeeper Wang nodded: "Okay, then consider the long-life lithium iron phosphate battery as the first core research and development and invest 2 billion!"
Then everyone discussed the research and development of other technologies, such as new generation hybrid technology and so on.
However, Wang Yi did not raise any objections to all this.
As long as BYD didn't mess with those mirror-like things, Wang Yi didn't care and didn't bother to ask.
This made Shopkeeper Wang feel relieved. Fortunately, Wang Yi did not refute him before because of the development of BYD.
If you go against yourself at every turn in order to seize the position of chairman, you will be in big trouble.
As the second largest shareholder, Wang Yi is also the chairman of Xingyi Technology. If he really competes with himself for power, it is estimated that many shareholders will switch sides and support Wang Yi, and that will be the end.
But fortunately, Wang Yi has no interest in being the chairman of BYD.
Everything is just for the development of BYD.
After all, BYD mobile phones, BYD TVs, and BYD Yunba are all completely failed projects, and even point of no return.
Wang Yi cannot sit idly by and ignore it.
After the board meeting, the group started the dinner.
Shopkeeper Wang came over with the wine: "Mr. Wang, I'd like to drink this glass of wine to you. I thought about it carefully, Yunba really has no future. Fortunately, you woke me up. Otherwise, if I invest tens of billions, I won't be able to get it back in the years of the monkey."
Book."
Wang Yi smiled: "Not only will you not be able to make back your money, but you will not be able to make back your money once the technology becomes obsolete. If you do this thing, it is not as reliable as flying cars!"
"???"
Shopkeeper Wang was stunned, then said with a smile: "Director Wang, you are joking, the flying car thing is even less reliable."
Wang Yi didn't say much about this.
He knows that flying cars are much more reliable than Yunba.
The reason is simple: Yunba has a small passenger capacity and is currently far inferior to light rail and subway.
Yunba will have no future in fifteen years and is not suitable for a densely populated urban area like China.
As for fifteen years later, the spring of Yunba has not yet come, and the world will be dominated by flying cars.
The development of drones will also subvert many industries.
Not just the initial filming, but also the war, logistics and transportation.
You know, the Scorpion UAV is a civilian unmanned transport aircraft developed by Chengdu Aircraft Co., Ltd., which delivers express delivery to SF Express and other companies!
As a result, whoever thought that the research and development was too much, the performance was too powerful, and it was inconvenient for civilian use, and it became a killer weapon for the military!
After all, DJI’s civilian drones can show off their power on the battlefield.
All we can say is that the upper limit of drones is very high and anything is possible.
Flying cars are also a matter of course in the future.
If it's fast, it'll be about 2030, if it's slow, it'll be 2035.
Times will develop very quickly.
By then, there will be subways and light rails for high passenger capacity, and flying cars and flying buses for low passenger capacity. Yunba will really have nothing to do with it.
Two days later, a piece of news shocked the entire Internet.
[Wang Yi, chairman of Xingyi Technology, is optimistic about BYD and has made a strategic investment of HK$5 billion in BYD!]
A piece of news instantly shocked the entire Internet.
So that the sleepy people are refreshed.
Public opinions on the Internet have become very interesting:
"Director Wang has made another move, investing heavily in BYD. The last time was 3.5 billion, and this time it is 5 billion!"
"With such a big deal, is it possible that BYD cars don't have safety issues?"
"It is estimated that all oil trucks will catch fire, and individual incidents mean nothing."
"So, BYD has survived the crisis and its stock is going to rise? You have to buy the bottom!"
"Hmph! Buying the bottom or cannon fodder? It's hard to tell. Anyway, I'm waiting for the results from the Quality Supervision Bureau."
"Wait a minute. When the results come out, BYD's stock price has skyrocketed. What else can you do?"
"That's right, I believe in Chairman Wang, so I will buy BYD at the lowest price!"
"Dr. Wang is a trendsetter in the financial industry. If you buy from him, you will definitely not run away!"
For a time, many people followed Wang Yi and started buying BYD shares.
Chapter completed!