Reborn in 2011, 985 missing from two copies

Chapter 427: Wang Yi wants to be the chairman of BYD?
Shopkeeper Wang frowned slightly: "Boss Wang, are you so pessimistic about the Yunba project?"

Wang Yi nodded: "Yes, I am very pessimistic. Yunba is not a car, and it is not aimed at ordinary consumers. As for cars, as long as our products are good, there will be consumers willing to pay for them. 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, you have to get the favor of key figures in the corresponding city and be willing to introduce BYD Yunba. Then you have to get approval from the city's Development and Reform Commission. After approval, you still have to pass the project feasibility analysis..."

"All of this is difficult, very difficult. If there is a problem in any link, it will be a complete failure!"

The more Wang Yi spoke, the gloomier everyone's faces became.

But what Wang Yi said was all true. BYD’s senior management and shareholders are all smart people and naturally know how difficult it is.

Wang Yi continued: "Well, even if all this 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 1.5-2 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 of the projects are cut short halfway through!"

"This..." Everyone was silent again.

But no one questioned it.

Transportation projects have high investments, low returns, and result in losses every year.

Therefore, it is more likely to fail!
Shopkeeper Wang still did not give up: "Mr. Wang, although the road is tortuous, the future is bright. As long as our BYD Yunba survives and builds a good reputation, the rest will be smooth sailing."

Wang Yi waved his hand. He found that Manager Wang was a typical idealist.

Just thinking good things!
"The road is tortuous and the future is bleak!"

Wang Yi said bluntly: "You all know the current economic and debt situation of major cities. Few cities have money. Even if they have money, they will give priority to subway and light rail construction!"

"why?"

"Because subways and light rails have large passenger capacity and high speed, they are expected to be profitable. They can also be integrated with the existing transportation network to improve traffic efficiency and alleviate urban traffic congestion pressure."

“And what about BYD Yunba?”

"The monorail model has a small passenger capacity, slow speed, loud noise, unstable operation, and cannot be fully integrated 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, carry a large number of passengers, and run at high speeds, they are obviously more promising and easier to recoup. So why must a city invest in cloud buses that cannot be connected to the grid, carry a small number of passengers, and run at low speeds?"

"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, the BYD Yunba project will be rejected 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 instead of Yunba, which cannot be connected to the grid, in order to connect to the grid."

“The remaining cities, even if they pass the Yunba approval, are economically weak and simply cannot support Yunba’s high investment. In the end, either BYD will have to pay for it or the project will fail.”

"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 fails, we won't be able to make a profit, let alone get our money back."

Now, Shopkeeper Wang didn’t know what to say.

Although he felt very uncomfortable, he could not deny what Wang Yi said.

After hearing what Wang Yi said, BYD Yunba’s future seems to be really bleak!
Other directors and senior executives nodded one after another.

In fact, many people have been opposed to the Yunba project long before.

It’s simple. We already have subways and light rails, so what’s the point of Yunbus?
To put it bluntly, this thing is just like magnetic levitation, a flash in the pan.

As long as it cannot be integrated into 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 didn't want to give up easily.

Wang Yi had no choice but to continue:
"When ordinary people buy things, they know to compare prices from three different stores and choose the one that offers the best deal."

"BYD Yunba is not cheaper than light rail, but its passenger capacity and profitability are not as good as those of light rail, and it cannot be connected to the subway. What do you think they want?"

"If there is no serious illness or other interests, they will not build the Yunba instead of the more cost-effective light rail!"

Wang Yi said this without any politeness.

To put it simply, Yunba is an aerial bus with a passenger capacity that is hard to describe.

One carriage can carry up to 70 passengers, and three carriages can carry up to 210 passengers.

Even with four carriages, there are only 280 people.

Yes, that little.

As for the subway, an eight-carriage carriage can carry at least 8 people, and an 3456A carriage can carry up to people!
It is ten times that of BYD Yunba!
Even the light rail can carry thousands of passengers, and the cost is similar to that of the Yunba.

It can be said that with such high cost and low passenger capacity, the return on investment of Yunba is too low, and it cannot be connected to the subway.

It is precisely for this reason that the Yunba project was killed by the National Development and Reform Commission in many cities.

Even after more than ten years, there will only be four or five cities with BYD Yunba.

And there are only one or two lines, very few in number, and they only serve as a supplement to the subway and light rail.

Most of the time, this expensive thing was approved in order to attract BYD to invest locally!
Anyone who really wants to improve urban commuting will choose subways and light rail.

After all, the difference in passenger capacity is ten times, which is a world of difference.

Shopkeeper Wang wanted to make a final struggle: "Boss Wang, Yunba is designed for small-volume commuting. It can't be compared with the subway!"

Wang Yi smiled: "Small passenger commuting? Your idea works in the European Union, where there are few people. But in China, first- and second-tier cities have tens of millions of people. Most of the places that need subways and Yunba are business districts. How many people commute in business districts? Your 280 per trip is a drop in the bucket. What can it do?"

Shopkeeper Wang was speechless for a moment: "..."

"A subway train can carry 2,000 to 3,000 people. If you take 200 people away, how long will the remaining 2,000 people have to wait?"

"This..." Shopkeeper Wang was completely silent.

Wang Yi waved his hand, not wanting to say more: "How about this, since this is the board of directors, let's vote. I propose to terminate all research and development of the Yunba project. Please raise your hands if you agree."

As he spoke, Wang Yi raised his hand first.

After a brief hesitation, other shareholders and senior executives also raised their hands.

Before Wang Yi appeared, whatever Manager Wang said was the truth, and it was difficult for them to object.

No one even wanted to step forward.

Now that Wang Yi took the lead and proposed it first, they naturally followed suit and raised their hands to fully support it.

After all, no one is optimistic about the Yunba project except the head of Yunba and Manager Wang.

Seeing that more than 70% of the people raised their hands, Shopkeeper Wang's mouth twitched.

But I also understand that this matter cannot be eased.

BYD Yunba project is over!

Wang Yi directly rejected it. Even the three times voting rights were useless. He just rejected it.

"Perhaps the Yunba project really has no future." Shopkeeper Wang sighed, "I accept this result. From now on, I will completely stop the research and development investment in the Yunba project."

In its previous life, BYD Yunba invested 100 billion in research and development, but only a few lines were built in the end.

Most of them are friendly cooperation...

There is no other way. Small cities cannot afford to build Yunba, and Yunba cannot meet the passenger demand of big cities. It cannot be connected to the grid either. It is better to build subways and light rail directly.

The result is neither up nor down.

Shopkeeper Wang had a complicated look on his face. 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 denied!

The problem was that what they said made a lot of sense, which made it impossible for him to refute it, and it was agreed by more than 70% of the directors.

Shopkeeper Wang looked at Mr. Wang and said, "Since Mr. Wang rejected both of my two proposals, then in Mr. Wang's opinion, how should BYD spend the 5 billion so that it can be spent wisely?"

Wang Yi smiled faintly: "It's very simple, focus on the core industry and make a flagship product!"

"BYD is doing new energy, electric cars, and developing batteries, which is all right. There is nothing wrong with it. But the problem is that it is not yet in place and has not made core products!"

Wang Yi said: "I am not against diversified development, but I want to diversify in the core business, rather than diversify across industries and diversify into an unfamiliar field that I don't understand."

"Our core is new energy vehicles, so our development will revolve around new energy vehicles."

"We can invest huge amounts of money in research and development to achieve breakthroughs in the three-electric system, power system, and so on."

"At present, these are all monopolized by European and American giants, and many components rely on companies such as Bosch."

"No matter how high the price they ask, we have to agree. Even if they raise the price at random, we have to accept it."

"If we cannot achieve self-development and self-production, we will be controlled by others. There is nothing we can do about it."

Everyone nodded, that's the truth.

At this time, BYD is still unable to achieve full self-research and production.

Wang Yi continued: "And the key to our current breakthrough lies here. We will increase R&D investment in core components and achieve self-development and self-production as soon as possible."

"Once we achieve self-development and self-production, we can not only get rid of external dependence and the price hikes by foreign companies, but we can also sell our self-developed and self-produced parts to domestic and even international competitors, thus stealing Bosch's jobs!"

“Once this happens, BYD will transform from an automobile manufacturer to a manufacturer + industry chain supply giant!”

“This is also diversification, and it’s safer!”

"For example, batteries. BYD has been developing lithium iron phosphate batteries, which are good but not powerful enough."

"If we can develop a lithium iron phosphate battery with lower cost, better safety and comparable battery life to ternary lithium batteries, then it will be a sure thing."

“Not only BYD will use it, but many friendly companies will also purchase it. By then, BYD will change from being an automobile manufacturer to a manufacturer + power battery supplier.”

As soon as the words fell, applause broke out at the scene.

Everyone was very excited. This was the right way to go.

We will develop in a diversified way around new energy vehicles, moving from automobile manufacturing to industrial chain supply.

After self-research and production, and internal use, you can reduce your own costs and get rid of dependence.

Selling to other parties can bring more profits and achieve diversified layout!

Even Shopkeeper Wang nodded repeatedly: "Mr. Wang is right. This is the core development path that BYD should take. I was blinded by my own shortcomings and pursued the far-reaching goals instead of the near ones." Shopkeeper Wang was filled with emotion. He did not develop the automobile industry that he was familiar with, but had to cross over to make BYD mobile phones and BYD TVs...

Isn't this seeking death?

It’s better to go far away and take the initiative to die!
Of course, Wang Yi couldn’t just say, “Hurry up and make the blade battery!”

In the past, BYD only launched the new blade battery in 2020.

I don’t know in this life.

But if BYD doesn’t do it as soon as possible, let Xingyi Automobile develop it!
Shopkeeper Wang looked over and said, "Boss Wang means to invest 5 billion into the research and development of core automotive technologies and accessories!"

"That's right!" Wang Yi nodded. "BYD is in great need of good news right now. If we can achieve a breakthrough in core technology or core components, it will undoubtedly be a major benefit. If we can also supply it to our competitors and commercialize it, and let investors see the profits, they will naturally be willing to invest in BYD. By then, BYD's stock price will soar."

"Okay, okay!" Shopkeeper Wang agreed:

"Then let's do it. The future of new energy is very bright, and power batteries are the core of the core. BYD has been researching and developing for many years. If we continue to increase investment, we can expect a big breakthrough. However, there is a huge difference between the two technical routes of lithium iron phosphate and ternary lithium batteries. Mr. Wang, what do you think?"

"Lithium iron phosphate and ternary lithium batteries are indeed incompatible. With limited funds at present, comprehensive research and development is unrealistic, so we can only choose one of the two."

Wang Yi paused and said, "As we all know, lithium iron phosphate batteries are more stable and have a stronger ability to withstand high temperatures. Lithium iron phosphate can withstand temperatures of around 500 degrees, while ternary lithium batteries can't withstand temperatures of to degrees. Therefore, in terms of safety, lithium iron phosphate wins."

Wang Yi knew clearly that in the car that caught fire in his previous life, ternary lithium accounted for 60 to 70 percent of the fuel, which was much higher than lithium iron phosphate.

"In terms of cost, it is also much lower than ternary lithium."

"The lifespan is two to three times longer than that of ternary lithium. Under normal use, lithium iron phosphate can be used for eight to ten years. Ternary lithium batteries need to be replaced every three to five years."

"However, in terms of battery life, with the same mass and volume, ternary lithium has a higher energy density and a longer battery life than lithium iron phosphate."

"In winter, lithium iron phosphate will decay by about 30% in the north, while ternary lithium will only decay by 15%."

“It can be said that both have their own merits.”

"Lithium iron phosphate has low cost, higher safety and long life, but short battery life and severe attenuation in winter."

"Ternary lithium batteries are expensive, have poor safety, and have a short lifespan, but they have a long battery life and less degradation in winter."

"So it seems that both are imperfect and have fatal flaws."

"For this reason, there is a saying that in the north, people are afraid of attenuation in winter, so they use ternary lithium. In the south, winter is not cold either, so lithium iron phosphate is safer."

"But if I really have to choose between the two, I hope BYD will choose lithium iron phosphate, because safety comes first."

"This spontaneous combustion incident has put us in a very passive position. No matter what the conclusion is, no one wants to experience it again, right?"

Everyone nodded.

A death due to spontaneous combustion caused 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 the previous needle puncture experiment, BYD's lithium iron phosphate blade battery was punctured, but the temperature was maintained at 30-50 degrees and it still operated normally.

As for the ternary lithium batteries, all of them spontaneously combusted and short-circuited in the needle penetration test without exception.

This is the essential difference.

There are also electric vehicles. The original bulky lead-acid batteries were heavy, but they did not catch fire so often.

The lithium batteries that were popularized later were lightweight and had long battery life. They could easily set fire to an entire camp, with all the cars in a carport reduced to ashes.

In this regard, Wang Yi still prefers to be safe.

Safety first!

"I support the full development of lithium iron phosphate!"

"That's right. Ternary lithium is immature and unsafe. Lithium iron phosphate is more reliable."

"I support it too."

Everyone spoke up and all supported Wang Yi's opinion.

Wang Yi waved his hand and said: "It's okay to develop lithium iron phosphate, but it's 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, and in the winter in the north, the degradation is even more serious, which makes the situation even worse."

"This……"

Everyone was silent.

Shopkeeper Wang agreed: "Just as Mr. Wang said, the battery life of lithium iron phosphate batteries is 30% lower than that of ternary lithium batteries. If it decays by another 30% in winter, it will be completely over. Consumers will scold us."

Wang Yi nodded: "So, we have to invest a huge amount of money to develop a lithium iron phosphate battery with an energy density comparable to that of ternary lithium. In this way, we can have lower costs, higher safety, longer service life, and the same battery life as ternary lithium. Even if the attenuation in winter is 15% higher, it doesn't matter. After all, there are more advantages."

"Yes, if that's the case, then it would be crazy. But how can there be such a lithium iron phosphate battery? This is unrealistic!"

Shopkeeper Wang was completely confused.

If the battery life of lithium iron phosphate can catch up with that of ternary lithium, then ternary lithium will have no chance of survival.

This is what blade batteries were like in the past.

The cost is much lower than that of ternary lithium, the battery life is similar, and it is safer and has a longer lifespan. Except for the attenuation in winter, it completely crushes ternary lithium.

But unfortunately, the official subsidies for ternary lithium are higher, which greatly reduces the cost of ternary lithium and narrows the advantages of lithium iron phosphate.

This led to the explosion of ternary lithium, even surpassing lithium iron phosphate.

Credit for the subsidy.

If there are no special subsidies, or the same subsidies as lithium iron phosphate batteries, the higher cost of ternary lithium and similar battery life cannot beat the lithium iron phosphate blade battery!
Wang Yi said with a smile: "It is precisely because of the difficulty that we have to invest huge amounts of money in research and development. If it could be done casually, it would not be considered high-end technology."

Shopkeeper Wang nodded: "Okay, then we will make the long-life lithium iron phosphate battery the first core research and development and invest 20 billion!"

Afterwards, everyone discussed the research and development of other technologies, such as the new generation of hybrid technology.

However, Wang Yi did not raise any objections to all this.

As long as BYD doesn't mess around with those illusory things, Wang Yi doesn't care and is too lazy to ask.

This made Manager Wang feel relieved. Fortunately, Wang Yi refuted him before for the sake of BYD's development.

If he goes against me at every turn in order to seize the position of chairman, I will be in big trouble.

As the second largest shareholder, Wang Yi is also the chairman of Xingyi Technology. If he really competes with me for power, many shareholders will probably turn against me and support Wang Yi, and that would be the end of me.

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 a point of no return.

Wang Yi can't just sit there and do nothing.

After the board meeting, the group started the dinner.

Shopkeeper Wang came over with a glass of wine in his hand: "Boss Wang, this glass of wine is for you. I've thought about it carefully, Yunba really has no future. Fortunately, you woke me up, otherwise this 10 billion investment would never pay off."

Wang Yi laughed: "Not only will you not be able to make back your investment, but you will also not be able to make back your investment if the technology becomes outdated. This thing you are working on is not as reliable as a flying car!"

"???"

Shopkeeper Wang was stunned, then he said with a smile: "Boss Wang, you are joking. Flying cars are even more unreliable."

Wang Yi didn't say much about this.

He knew clearly that flying cars were much more reliable than Yunba.

The reason is simple. The passenger capacity of Yunba is small and is currently far inferior to the light rail and subway.

Yunba has no future in the next fifteen years and is not suitable for densely populated urban areas like China.

As for fifteen years later, Yunba’s spring has not yet come, and the world will be dominated by flying cars.

The development of drones will also disrupt many industries.

Not just the initial filming, but also the war, the logistics and transportation.

You should know that the Twin-Tailed Scorpion UAV is a civilian unmanned transport aircraft developed by Chengfei, which delivers express to SF Express and other companies!

As a result, someone over-developed it, and its performance became too powerful and inconvenient for civilian use, so it became a powerful weapon for the military!
After all, DJI's civilian drones can perform well on the battlefield.

All I can say is that the upper limit of drones is very high and everything is possible.

Flying cars are also a matter of course in the future.

If it happens quickly, it will be around 2030, and if it happens slowly, it will be around 2035.

The 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. There will really be no need for Yunba.

Two days later, a piece of news shocked the entire Internet.

[Xingyi Technology Chairman Wang Yi is optimistic about BYD and makes a strategic investment of HK$50 billion in BYD! ]

A piece of news instantly shocked the entire Internet.

So that even those who were sleepy were refreshed.

The public opinions on the Internet have become very interesting:
"Mr. Wang has made another move, investing heavily in BYD. Last time he invested 35 billion, this time he invested 50 billion!"

"With such a large investment, is it possible that BYD cars do not have safety issues?"

"I guess that all fuel trucks will catch fire, and individual incidents don't mean anything."

"So, BYD has survived the crisis, and its stock price is going to rise? We have to buy at the bottom!"

"Humph! Bargain hunters or cannon fodder? That's hard to say. Anyway, I'll wait for the results of the Quality Supervision Bureau."

"Wait for nothing. BYD's stock price would have skyrocketed by the time the results came out. What would you have to do with it?"

"That's right, I believe in Mr. Wang, I'm going to buy BYD at a bargain price right now!"

"Mr. Wang is a weathervane in the financial industry. If you buy from him, you will definitely win!"

For a time, many people followed Wang Yi and bought BYD stocks.

(End of this chapter)