Black technology: starting from ten thousand times faster

Chapter 78 The Apocalypse Energy with Frequent Big Moves (310th Update [-])

The next morning.

Dozens of large and small media came to the hotel again to participate in the press conference of Apocalypse Energy.

Before, Apocalypse Energy was not well-known, so Su Xin released Thor batteries in the name of Apocalypse Technology.

And now, with the release of Raytheon Battery, the four words Apocalypse Energy have come into the sight of all peers, and at the same time, the popularity in China has exploded.

Therefore, since Apocalypse Energy announced that it will hold a press conference yesterday afternoon, many people have begun to pay attention to the dynamics of Apocalypse Energy.

Especially the major companies in the industry.

From upstream raw material suppliers, to other power battery manufacturers, to all large downstream car companies, they all paid close attention to this press conference through various channels.

Around nine fifty.

Ding Kuiyong and representatives from major power battery manufacturers walked onto the stage together and took their seats in their respective positions.

Countless spotlights began to flicker, and the cameras were all aimed at Ding Kuiyong, who was in the middle.

It's exactly ten o'clock.

Ding Kuyong put down the document in his hand, looked up at the media and the camera ahead, and said with a smile:
"Hi everyone, I am the newly appointed president of Apocalypse Energy Co., Ltd., and my name is Ding Kuiyong."

"Because CEO Su is busy with business, he doesn't have time to attend in person, so this press conference will be hosted by me. If there is any place where the reception is not good, please forgive me, friends from the media!"

"Okay, let's not gossip, let me get straight to the point."

"I think everyone knows that President Su held a press conference a few days ago and released the world's first solid-state battery product—Thor battery."

"Once the product was released, it immediately aroused great praise from many industry insiders and netizens. Many people want to see products equipped with solid-state batteries land as soon as possible and enjoy the various benefits brought by this new technology."

"So, after seeing the ardent expectations of netizens, Mr. Su decided to spend huge sums of money to acquire a large number of battery factories to increase production capacity, so as to promote the popularization of Raytheon batteries, so that all customers can enjoy the convenience brought by the latest technology as soon as possible!"

"Today's press conference is to officially announce to all walks of life that Apocalypse Energy will reach an acquisition agreement with a number of power battery manufacturers to wholly acquire power battery factories under their names, including Hengde Times, Gaoke, Xinwang, Funeng..."

Ding Kuiyong read out more than a dozen names in one breath, and most of the media at the scene couldn't help but gasp.

Even if they are not insiders, they still know some top companies in the new energy industry. For example, the names that Ding Kuiyong just read out are basically the top power battery manufacturers in China, and there are even some overlords like Hengde Times.

And now, these top power battery manufacturers have actually sold their battery factories to Apocalypse Energy. What does this mean?
It means everyone has surrendered!

At least in terms of power battery competition, the major manufacturers are equivalent to announcing their surrender.

You know, just a week has passed since the launch of Raytheon Battery, and the actual mass-produced products have not yet been released. As the main competitor, Hengde Times has already given up its armor, which shows how exaggerated the deterrent power of Raytheon Battery is!

When everyone was shocked, Ding Kuiyong continued:

"Once the entire acquisition plan is completed, Apocalypse Energy's annual production capacity will increase to 600GWh, which is double the total installed capacity of Longguo power batteries last year, and [-]% higher than the expected total installed quantity for this year, fully capable of satisfying the huge new energy vehicle market of the entire Longguo."

"That is to say, once the expansion of Apocalypse Energy is completed, everyone will have the opportunity to enjoy the new technology of solid-state batteries for the first time."

"We even have a lot of spare capacity, which is used to enter the overseas market, so that the reputation of Raytheon Battery can be heard all over the world!"

As soon as this remark came out, the audience immediately became a sensation!
None of the people present were stupid, and they immediately understood Ding Kuiyong's hidden meaning——

Apocalypse Energy will soon complete the expansion of production. By then, Raytheon Battery will monopolize the national power battery market for the first time, and willfully attack cities and territories around the world.

No one expected that Apocalypse Energy would make such big strides, deploy so quickly, and make big moves frequently in just one week. It seems that it would like to reach the sky in one step and immediately monopolize the global market.

Before the press conference was over, someone couldn't wait to stand up and ask:

"Mr. Ding, does Apocalypse Energy acquire so many battery factories at one time, does it have so much funds? Or does it mean that Mr. Su accepted the financing?"

As soon as these words came out, many people stopped discussing and paid close attention to Ding Kuiyong's reaction.

Everyone knows how big the market prospect of Raytheon Battery is. As long as you are not stupid, no one will choose external financing to dilute your own shares.

Everyone thought so before, so they all felt that Apocalypse Energy should expand slowly and gradually occupy more and more markets.

But now, when he heard Ding Kuiyong's acquisition and expansion plan, he immediately thought that Apocalypse Energy did not have so much funds to expand at this stage, even if it borrowed from the bank, it was impossible to obtain enough funds to acquire so many factories.

The biggest possibility is to accept the investment of a large capital.

Ding Kuiyong shook his head and said:
"It is inconvenient for me to disclose too many details. I can only tell you that Apocalypse Energy has not accepted external investment, and will not accept any external capital investment in the future."

Afterwards, Ding Kuiyong briefly answered several questions from the media, and then held a letter of intent signing ceremony under the witness of many media.

……

The content of this press conference spread throughout the entire Dragon Kingdom in a very short period of time, and it also shocked the world's major traditional car companies in the first place.

If it is said that the release of Raytheon battery a few days ago made many traditional car companies feel that the future is dark, and fuel vehicles are about to face desperation.

Well, this press conference made everyone realize that the desperate situation has arrived!
The top executives of the three major car companies in Sakura Country gathered together in an emergency to re-discuss the countermeasures.

But this time, no matter how much they discussed, they found that there was only one way out——

Immediately abandon traditional fuel vehicles, no matter how much you pay, no matter how much you give up, you must turn around and invest in the embrace of new energy vehicles.

In the face of the explosive increase in production capacity of Apocalypse Energy, all the plans they discussed before will come to nothing, and they have no time to slowly adjust their strategies.

otherwise.

Once other car companies reach a cooperation with Apocalypse Energy and run fast on the new energy track, and they lag behind others because of slowly adjusting their strategies, they will definitely fall further and further behind in the future competition of new energy vehicles.

Therefore, they must act decisively and completely change their strategy to have a chance of survival.

Thinking of this, several people quickly reached a consensus on the next strategy——

"Immediately announce that all models will be fully reduced in price, and try to sell off the stock fuel vehicles before the new new energy vehicles are launched."

"All research on fuel vehicles is stopped!"

"Fuel vehicle production lines are all shut down!"

"Immediately contact all suppliers related to fuel vehicles and request unconditional cancellation of all subscription contracts. If they refuse, we will declare a breach of contract! Refuse to pay for the goods!"

"Contact Apocalypse Energy immediately to discuss the order of Thor's battery!"

"Immediately notify the design department, hurry up to design several new models equipped with solid-state batteries, and release them as soon as the order contract for Raytheon batteries is negotiated, so as to stabilize market confidence."

"Even if we want to enter the new energy era in an all-round way, we will never lag behind anyone!"

(End of this chapter)