Reborn Entrepreneurial Giant

The reputation of German cars in China and even the world far exceeds that of Japanese cars. It has a long way to go to become one of the few car companies in the world. It seems that Toyota as the target to catch up is more acceptable to domestic and even global consumers.

After Qu Li visited the Toyota factory, he praised Toyota cars and Toyota car people with a bunch of disgusting compliments. After returning, "The Duck is stubborn" tweeted: "Toyota is too powerful, but it is not impossible to defeat..."

"Let's start with fuel vehicles. The technical upper limit of the Yunhu body of Qiancheng Geometry has exceeded the Magic Body, but the cost is too high and it is difficult to mass-produce it for the time being. But sooner or later we will be able to overcome this problem..."

Qu Li explained that CMGE's chassis technology is "way ahead", and its gearbox and engine technology cooperates with top international companies. The technology is not backward, but the cost is a bit higher, but they have developed a "Fuyao architecture" to match the "high-quality car" Strategy, in terms of cost control, is no less than that of Volkswagen and Toyota. Coupled with the use of super factories and various laboratories and automotive wind tunnels, they have achieved the top level in the industry in terms of safety and quality control.

Well, it is definitely a bit exaggerated, but the non-exaggerated content soon arrived. Qu Li talked about the advantages of pure electric vehicles: "We have once again reconstructed modern pure electric vehicles based on Tesla. The electronic and electrical architecture has gradually changed from distribution to From the traditional architecture to the integrated architecture, Geometry Y9 users should have already felt that our system upgrade can bring about an upgrade in the car experience..."

"This is what everyone often calls car tuning capabilities. Traditional fuel vehicle companies need to optimize every three to five years. However, Geometry Automobile uses advanced pure electric vehicle technology to optimize once every three to five months. This time can be shortened. Once an important security vulnerability occurs, we can even complete technical upgrades immediately..."

"That is to say, we have fundamentally prevented the outbreak of Toyota brake door and Mitsubishi Motors fraud incidents, because there is no need for this..."

"These are only part of the intelligence of cars. The other part is the upgrade of autonomous driving technology. We have achieved L2 level autonomous driving and are accumulating autonomous driving technology. Even if autonomous driving cannot be achieved in the short term, compared with fuel vehicles, we There will be absolute advantages in active and passive vehicle safety performance..."

"In the long run, electric vehicles will surpass fuel vehicles in all aspects at all levels. As long as production capacity is improved and costs are further reduced, the future will definitely be..."

Qu Li’s words aroused Musk’s praise and support. “The only company in the world that can keep pace with Tesla in terms of electric vehicle technology and concepts is Geometry. It is almost inevitable that Toyota and Volkswagen will be surpassed by us...”

A number of well-known electric vehicle entrepreneurs in Silicon Valley have spoken one after another, expressing their support for electric vehicles to replace fuel vehicles. Environmentally friendly and pollution-free electric vehicles can comprehensively surpass fuel vehicles. Domestic electric vehicle entrepreneurs are currently too small and do not have mass-produced vehicles at all, so they only expressed support for Qu Li on domestic Weibo.

Whether electric vehicles can replace fuel vehicles in a short period of time has become a hot topic on social networks in various countries, and Qu Li's global influence is evident.

What Qu Li said has actually been said before, but on different occasions, the response is definitely different. Japanese people originally admired this Chinese "world's richest man", but they didn't expect him to be so rude. This is like crooked nuts belittling "chrysanthemums" Factory", saying it will definitely exceed it.

Which one can't bear it? They all started scolding mode on Twitter, saying that Qu Li didn't know how to build cars, and all he talked about was layman's talk, saying how excellent Toyota was and how it would commercialize autonomous driving in 2020...

Of course Qu Li had to respond: "I still prefer the term autonomous driving. This should be an auxiliary system. After installing some high-tech equipment on the car, it can drive autonomously under certain conditions to help the driver be safer and more relaxed." driving. Rather than completely replacing the driver..."

“In addition, I don’t think any company in the world, whether it is a traditional car company or an Internet technology company, can achieve driverless driving in 2020. It’s impossible!”

Qu Li categorically opposes the statement that driverless driving will be realized soon. This is a fact. Of course, he has enough confidence.

Musk disagreed with Qu Li’s view: “The technology of driverless cars is advancing very quickly, and it may exceed everyone’s imagination...”

"Autonomous driving is the long-term goal. In the short term, I still believe more in people and that machines should assist people rather than replace them..." Qu Li

Of course Musk is not convinced...

They are quarreling fiercely on the Internet. Attention to electric vehicles has skyrocketed. Toyota CEO simply stopped responding and pretended to be deaf and dumb. Some of the news that Mitsubishi Motors broke during the integration process did not seem to be attractive. . The acquisition of Yahoo by Shijiumei, which was very popular before, seems to have come to an end, and it was thought to be an own goal.

This is of course impossible, but Time Jumei is encountering more and more difficulties in acquiring Yahoo. After the news came out, Facebook also launched a bid for Yahoo.

"What I mean is that even if all share acquisitions are adopted, Yahoo's shares must be controlled within 15%, and then less than 10% of the shares of the merged company must be surrendered. At that time, the financing scale must be controlled within 10%, and absolute controlling rights must be surrendered. …”

Qu Li remembers that Verizon only spent US$4.8 billion to acquire Yahoo. The current offer of US$5 billion is very reasonable. The valuations of WeChat and Instagram are set at more than US$25 billion and within US$30 billion.

Because the company here at Time is not listed, it has great potential. If they buy it with shares, doubling the stock price will be more attractive than the offers of Verizon and Facebook. What's more, several financial institutions generally believe that they will have a market value of hundreds of billions after the merger. potential, doubled.

However, Facebook not only raised the purchase price of Time Jumei, but also seemed to be exerting its efforts at the court and official level. Fortunately, Yahoo's shareholders are not without influence. The differences between the two parties on the price are not very big, and they both want to facilitate this transaction.

"I have only one request, and that is to be quick. We will try our best to complete this transaction this year." Qu Li was worried about the long nights and dreams.

"Is it necessary to be in such a hurry?" Lu Qi didn't agree very much.

"Yahoo is the world's largest portal. When it comes to the influence of public opinion, our hope of success is not as great as you think."

Although everything is going smoothly now, Qu Li is still worried.

"If you want to speed up the process, you can only acquire it first and then look for opportunities to re-list it later." Lu Qi still trusts Qu Li's judgment, and many facts have proven his correctness.

Qu Li listened to Lu Qi's explanation. If he really wanted to go public through a backdoor merger, he would have to spin off Yahoo first, which would be very troublesome. If the whole process goes down, maybe it will be next year, and it will be easier to sell some assets.

"Then let's acquire it first." Qu Li