Black Technology: Start with Ten Thousand Times Speed

The next morning.

Dozens of large and small media came to the hotel again to attend Tianqi Energy’s press conference.

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 Tianqi Energy announced that it would hold a press conference yesterday afternoon, many people began to pay attention to the developments of Tianqi 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 and took their seats respectively.

Countless spotlights began to flash, and the cameras were all focused on Ding Kuiyong in the middle.

It's ten o'clock sharp.

Ding Kuiyong put down the documents in his hands, looked up at the media and cameras in front, and said with a smile:

Hello everyone, I am the newly appointed president of Tianqi 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, without further ado, let me get straight to the point.

Everyone must know that Mr. 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 and increase production capacity to promote the popularization of Thor batteries and allow all customers to enjoy the convenience brought by the latest technology as soon as possible!

“Today’s press conference is an official announcement to all walks of life that Tianqi Energy will reach acquisition agreements with a number of power battery manufacturers to fully acquire their power battery factories, including Hengde Times, Hi-Tech, Xinwang, Rich energy…”

Ding Kuiyong read out more than a dozen names in one go, causing most of the media present to take a breath.

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

And now, these top power battery manufacturers have sold their battery factories to Tianqi Energy. What does this mean?

It means everyone has surrendered!

At least in the competition of power batteries, major manufacturers have announced their surrender.

You know, just one week has passed since the launch of Thor Battery, and the actual mass-produced products have not yet been released. Hengde Times, as the main competitor, has already abandoned its armor. This shows how exaggerated the deterrent power of Thor Battery is!

When everyone was shocked, Ding Kuiyong continued:

“Once the entire acquisition plan is completed, Tianqi Energy’s annual production capacity will be increased to 600GWh, which is double the total installed capacity of Longguo power batteries last year and 90% higher than the total expected installed capacity this year. It can fully meet the needs of the entire Longguo’s huge new energy vehicle market.”

“In other words, once Tianqi Energy’s production expansion 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 production capacity to expand into overseas markets and make the reputation of Thor Battery resounding around the world!

As soon as these words came out, the whole audience was shocked!

Everyone present was not stupid, and they immediately understood the underlying meaning of Ding Kuiyong——

Tianqi Energy will soon complete its production expansion. By then, Thor Battery will monopolize the national power battery market for the first time and conquer cities and territories around the world.

No one expected that Tianqi Energy would take such big steps and deploy so quickly. In just one week, it would make big moves frequently. It seemed that it was eager to reach the top in one step and monopolize the global market immediately.

Before the press conference was over, someone stood up impatiently and asked:

Mr. Ding, does Tianqi Energy have so much money to acquire so many battery factories at once? Or did Mr. Su accept financing?

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

Everyone knows how big the market prospect of Thor Batteries is. As long as they are not stupid, no one will choose to raise funds externally and dilute their own shares.

Everyone thought this way before, so they all felt that Tianqi Energy would slowly expand and occupy more and more markets.

But now when I heard what Ding Kuiyong said about the acquisition and expansion plan, I immediately thought - Tianqi Energy does not have that much funds to expand at this stage. Even if it borrows money from the bank, it is impossible to get enough funds to acquire so many factories.

The most likely possibility is that it has accepted investment from a large capital.

Ding Kuiyong shook his head and said:

It's not convenient for me to disclose too many details. I can only tell you that Tianqi Energy has not accepted investment from outside, and will not accept any investment from outside capital in the future.

Afterwards, Ding Kuiyong simply answered a few questions from the media, and then held a letter of intent signing ceremony in the presence 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 the release of Thor Battery a few days ago made many traditional car companies feel that the future is dark and that fuel vehicles are about to face a desperate situation.

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 Tianqi Energy's upcoming explosive increase in production capacity, all their previously discussed plans will come to nothing. They have no time to slowly adjust their strategies.

otherwise.

Once other car companies reach cooperation with Apocalypse Energy and race rapidly on the new energy track, while they slowly adjust their strategies and fall behind others, they will surely 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 related to fuel vehicles is stopped!

All fuel vehicle production lines have been stopped!

Immediately contact all fuel vehicle-related suppliers and demand the unconditional cancellation of all purchase contracts. If they refuse, we will declare a breach of contract and refuse to pay the purchase price!

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

Immediately notify the design department to quickly design several new models equipped with solid-state batteries, and release them as soon as possible after the Thor battery order contract 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!