Reborn Entrepreneurial Giant.

At the Shanghai Auto Show, the Geometry Y6 became the most talked-about pure electric car, followed by the Tesla model 3. Well, they are the only two that can compete in the world. Biradi now doesn’t even dare to invite the navy to make a loud noise. .

Model 3 is a pure electric sedan, and Y6 is a pure electric SUV. The basic data of both cars have basically been made public. In terms of manufacturing difficulty, the Y6 is obviously more difficult, so Tesla has to deliver it. Geometry Y6 has not yet started pre-sale, so one can imagine the comments from the outside world. Some people say that Qu Li has unrealistic technical fantasies...

Honor’s in-vehicle chip is under the brand name of Weizhi Technology and is called Huben. It means Warrior. I originally wanted to call it White Tiger, but it can easily lead to ambiguity. In addition to its promising future, there are also many car companies that are interested in purchasing it, such as Tesla and Li Family. Fisker, new car-making forces, etc. are currently learning how to build cars. They can speed up the development of new cars by using solutions from Honor, Honeycomb Energy and important spare parts such as motors from Great Wall Huaguan.

Honor doesn't mind using a joint development model in order to cultivate its chip development team. Of course, Huaguan's motors can do the same. Fengchao Energy can also cooperate with large manufacturers to build power battery factories. Currently, it is limited to domestic, and it basically refuses this possibility.

If the Y6 is a star product, then this cyberpunk-style off-road vehicle has aroused a lot of discussion. The rocket shell acts as a car exoskeleton, and the design of eliminating cross beams and longitudinal beams is too bold. Is this safe?

The electric off-road vehicle seems unsuitable at first glance. What should I do if it stalls midway?Qu Li did not answer, but expressed his thoughts on Instagram with a screenshot of Zhihu: "China has never had a domestically produced luxury car with a price of one million yuan. I have always felt that it is a pity. It seems that apart from the promising future, it is also Hongqi has this possibility, but the gap between their technology and ours is too big..."

"But what kind of car is considered a luxury car? More black technology or something else? We have been discussing it for a long time, but we don't know. Qiancheng Geometry has a Fuyao architecture, a cloud body, and the world's best intelligent and autonomous driving technology "Are these enough? We can do better. We can walk across mountains and rivers with strong power..." After Qu Li introduced the functions of this car, he introduced how to do it and why it is done.

"Building a car is nothing more than adding and subtracting on existing technologies. The purpose of the traditional car framework is to protect car safety. As long as our car is safe enough, it doesn't matter how we modify it. Moreover, Qiancheng Geometry has established several cars in Xingsha laboratory……

The only thing left is materials. In the development of Galaxy Power’s rocket, we have made a lot of improvements from the bottom up, including materials. The 304 stainless steel used in the rocket shell has strong hardness, excellent corrosion resistance, and high The elastic modulus and yield strength have many advantages, but they require us to have strong cold work hardening capabilities..."

"We have verified the feasibility of the entire technology through simulation and it is theoretically feasible. The final problem is that mass production is very difficult and costly..."

"Can such an off-road vehicle that combines excellent aerospace materials, the latest intelligent automation technology, and a Yunnan body be accepted by everyone as a luxury car? I don't have enough confidence, but I still want to give it a try , if I fail, just consider me willful, don’t rush to criticize, give us three to five years!" Qu Li

As a result, this off-road vehicle with an exoskeleton body, codenamed MRO (山河海), suddenly became a hotly discussed concept car on the entire Internet, including external networks, so much so that it affected the stock price of Geometry 9, the mass production of Geometry Y9 was blocked, and Qu Li If you want to challenge a more difficult car building, it is difficult not to doubt the possibility of success. Musk even commented on Twitter that the Geometry Y[-] challenge is a hellish difficulty!

"Qu Li has grown up and thinks he is omnipotent!" Similar voices appeared in large numbers on the domestic Internet. Foreign netizens did not care about his success or failure. Domestically... "It is not easy for an excellent independent brand to appear in China. The success of the future has many accidents." , regardless of the Fuyao architecture, Yunian body or super factory, they all prove the excellence of [-]D Geometry, but excellence does not mean that it can go against common sense..."

"Pure electric vehicles only exist today due to subsidies. The government has lowered subsidies and the price of Geometry G9/Y9 has increased. Sales will definitely be affected. The setback in mass production of the lower-priced Geometry Y6 has proved the problem. He still has to insist on going his own way. It will continue Successfully confused him?"

"Qu Li overestimated his ability and regarded the success brought by state subsidies as his own success, thinking he could break the century-old accumulation of the automobile industry..."

Voices of skepticism and pessimism have emerged like a tide. Some people are constantly educating people about the hellish difficulty of mass production of the Geometry Y6. Some people are even questioning the safety and reliability of the exoskeleton body. An off-road vehicle that does not need to be painted and can ignore minor bumps and directly replace major bumps. Luxury is luxury, does anyone really buy it?
Qu Li didn't even know. He thought that with so many successful resumes, most people believed in him, but he didn't expect that he was just being sentimental. Chinese people are so "rational".He didn’t say that the mass production of Geometry Y6 was going very smoothly, but it was just a little slow.

Qiancheng is not Tesla. Fuel vehicles are selling very well, with global sales of about 10 vehicles in a single month, and it seems that it can still grow.what does that mean?The number one domestic car company in terms of car sales is SAIC-Volkswagen, the second is FAW-Volkswagen, and the third is SAIC-GM, with annual sales of nearly 200 million vehicles. In 2017, SAIC-Wuling sold approximately 150 million vehicles, ranking fourth in the country. It has a promising future. Hope it exceeds it.

The above is good news. The bad news is that CMGE's R&D investment has remained above 10% for a long time. At the same time, supporting the development of fuel vehicles and electric vehicles is very burdensome and requires a lot of manpower and material resources.Think about Fuyao 2.0 and Gigafactory 2.0. The frequency of updates is too fast, which leads to increased costs and high labor costs.

For example, the monthly salary of a programmer engineer capable of developing autonomous driving is around 5, which is not high. There are not many teams with more than 300 people now. In the future, it will be normal for the number to increase to more than 2000 people year by year, right?Annual salary expenses now exceed 2 million, not counting insurance and other benefits.

Future Geometry's current profitability is related to Honor and Time Jumei sharing a large amount of initial investment, such as Tesla's self-developed supercomputers, supercomputing chips, and self-built supercomputing centers.These are cooperated by Guangguang Cloud to build an autonomous driving cloud computing center according to the needs of Geometry Auto.

A research report elaborated on the future geometry. Although sales are increasing, R&D investment and costs are increasing faster, profit margins are low, and risks are greater. It is recommended to sell...

The general meeting of shareholders has not yet been held, and it is such an honor for him to come out like this!