Galactic Tech Empire

Chapter 67 The situation changes suddenly
With the exposure of the cooperation between Dongtang Power Grid and Yinhe Technology, everyone was stunned.

Lingnan storage power station and wind power generation project, these two projects are as high as 237.5 billion yuan.

This is still a preliminary pilot project, and if it works well, it will be rolled out across the country.

Some people on the Internet estimated that if it is really implemented nationwide, these two projects will generate at least one trillion Chinese yuan in economic scale.

As for the pilot project of Dongtang Power Grid in Lingnan, the investment scale is 300 billion Chinese yuan, which means that Yinhe Technology occupies 80% of the orders, and the rest is supporting facilities and infrastructure.

Even if the country completes it in more than ten years, it still brings orders of tens of billions of Chinese dollars to Galaxy Technology every year.

The black technology powerhouse is so terrifying.

Although no one knows that Galaxy Technology can make profits, even if it is only one-tenth, it is a proper annual income of several billion.

……

After Biyadi representative returned to the company, he quickly reported the news conference of Galaxy Technology to Chairman Wang Jifu.

Wang Jifu also did not expect that Yinhe Technology has already possessed the strength to subvert the electric vehicle and even the automobile industry in just over a year.

He couldn't help but wry smile, since Sheng Yu and He Shengliang.

beep...

Wang Jifu was in deep thought when he suddenly saw his phone ringing, huh? It turned out to be this number.

He answered quickly.

"Hi! Hello, Bu Han! Recently..." Wang Jifu was about to exchange some pleasantries.

However, the other side directly interrupted his words.

"Okay, Jifu's small talk will be avoided, let me make a long story short."

"Uh, ok, I'm listening!"

"The higher authorities have decided to comprehensively tighten the approval process for new energy vehicles. Everything will be done according to Galaxy Technology's standards. You have to be prepared, okay."

After speaking, it was convenient to hang up the phone directly.

Wang Jifu was stunned and forgot to hang up the phone.

What Han Bu said just now, although only a few sentences, but the amount of information is quite amazing.

The above tightened the approval of new energy vehicles, and followed the standards of Galaxy Technology. These two sentences have a lot to say.

To what extent is the tightening of approval, and according to Yinhe Technology's standards, whether it is all or part of it, these are all questions.

Wang Jifu hurriedly asked his assistant to notify all shareholders and management to come over.

In fact, not only Biyadi was notified, but BAIC New Energy, a state-owned enterprise, was the first to know the news.

And other car companies have also received relevant news one after another.

It's like water in a pan of boiling oil—a violent reaction.

These car companies have already ignored the Spring Festival holiday, and quickly brought shareholders and management over for a meeting.

Wang Jifu and Biyadi's shareholders and management gathered together, but they didn't feel the joy of celebrating the Spring Festival. Instead, the meeting room was filled with smoke and the atmosphere was solemn.

Now if one fails, Biyadi may be eliminated by history.

"Mr. Wang, does the above really mean that?" A major shareholder asked doubtfully.

Wang Jifu nodded and said, "It's from an old acquaintance of mine in the Ministry of Industry."

"What should we do now?"

"Cold salad!" A shareholder spread his hands and said.

"Why don't you discuss with Yinhe Technology, can you introduce their battery production line?"

"Don't be too whimsical, they won't agree. At the beginning, Huawei planned to buy 10 billion shares, but Huang Haojie didn't agree. Just think about it now."

"Otherwise, what should I do? Are you waiting to die?"

Of course Wang Jifu was unwilling, but Yinhe Technology is now at the right time, place and people.

In terms of technology, they have Raytheon batteries and surging motors; in terms of sales channels and services, they have Raytheon charging stations all over the country; coupled with policy support.

It's hard to lose. Facing such an opponent, Wang Jifu is also very desperate.

But if it meets the standards of Galaxy Technology, it means that Biyadi will lose two cores, that is, the battery and the motor.

For an electric car, if the battery and motor are in the hands of others, is this car still BYD?
If you look at the current electric vehicle industry, you will know that Galaxy Technology has completely monopolized batteries and motors. It seems that Raytheon, Yadi, Aima, Tailing, and Lifan are competing. In fact, everyone with a discerning eye knows that Galaxy Technology behind Raytheon He is the undisputed ruler.

Without Huang Haojie's nod, no one can enter the electric vehicle industry. After all, the specifications and patented technologies of charging stations, spare parts, batteries, and motors are all under the control of Galaxy.

The same is true for electric vehicles now.

This is a Spring Festival that makes all car companies unhappy, except for surging power.

Sure enough, the Spring Festival has just passed.

From February 2th.

The Ministry of Industry even issued five notices.

"Notice on rectification of car companies with false standard parameters", "Notice on Prohibiting the Use of Lithium Batteries in Transportation", "Notice on New Energy Vehicle Standards", "Notice on New Energy Charging Station Standards", "On New Energy Vehicle Subsidy Adjustment Notice".

Among them, the "Notice on Rectification of Car Enterprises with False Standard Parameters" not only reported and criticized Biyadi, Geely, Jianghuai, and King Long, but also state-owned enterprises such as BAIC New Energy, Changan, Haima, GAC, and foreign-owned Tesla. among the list.

These car companies are required to carry out comprehensive rectification within a three-month time limit for all false bids in all models.

If this notification was no more than scratching the surface, the next four notifications were deadly.

The Ministry of Industry directly banned the use of lithium batteries in vehicles sold in Tang Dynasty on the grounds that lithium batteries are seriously polluted and have poor safety performance.

Obviously, this policy has directly caused car companies that use lithium batteries to suffer a catastrophe.

Especially Tesla and Biyadi, if they cannot use lithium batteries, they can only use Thor batteries.

It might be easier to say than Yardi, but Tesla became a little uneasy. After all, Sydney’s lessons learned, Elon Musk rushed from Mi Li’s house to China in an emergency.

He didn't expect Tesla's situation in Dongtang to become so passive all of a sudden.

In the notice prohibiting the use of lithium batteries, the Ministry of Industry highlighted the multiple explosions and spontaneous combustion of Tesla electric vehicles, which made Tesla more passive.

Elon Musk's Shanghai branch.

"President Musk, the situation is very troublesome now. Dongtang may decide to countermeasure by banning lithium batteries because of Mili's suppression of Dongtang enterprises." A vice president of Tesla's Dongtang branch said helplessly.

"If we purchase batteries from Raytheon Battery Company, what price do we need to pay? If it is the price of two dollars per gram, there is no need to talk about it." Elon Musk asked suddenly.

"This needs to be discussed in detail, and we can't understand the attitude of Galaxy Technology." Lin Qinghe, president of Tesla Dongtang, said with a frown.

Elon Musk walked around the office, apparently he was also quite distressed at this time.

At this time, Tesla has not yet invested and built a factory in Dongtang, coupled with the sudden emergence of surging power, the official attention of Dongtang to Tesla has dropped by several levels.

But Elon Musk knows that if Tesla loses the Dongtang market, its performance will shrink by at least half.

As a listed company, this situation is quite dangerous. If one is not careful, the market price may drop by tens of percent.

Coupled with Tesla's current internal problems, Elon Musk couldn't help but have a headache.

(End of this chapter)