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Chapter 230 Mr. Wang's Abacus
Li Cheng and Wen Yard left the BYD R&D center and found a nearby hotel.

This time Li Cheng specifically told Wen Yard to open two rooms. Tonight, he is not in the mood for romance. He wants to find out how big China's electric car market is and what it means to be able to share this cake.

Only in this way can Li Cheng decide whether to accept the condition proposed by Mr. Wang later.

After Wynyard opened the room, Li Cheng took out his laptop. He was just about to connect to the Internet and suddenly remembered 02 in his mobile phone.

Li Cheng hesitated and shouted: "02."

"I'm here."

"Help me retrieve all relevant information on the Huaxia electric vehicle market."

"The search is completed during the search, whether to open it."

"Open."

After Li Cheng quickly browsed through the information compiled by 02, he was startled by Huaxia's battery car market.

In fact, when he came out of the BYD R&D center today, Li Chengcheng noticed that there were many battery cars on the street, delivery people, and people who commuted by electric cars everywhere.

According to the data of 02, the sales of Huaxia's battery cars are very stable, with 5000-6000 million units per year.

This is because the shared bicycles all over the street limit the expansion of the scale, and it seems that there is no chance of a big explosion.

But Li Cheng has been in the mall for so many years, and he immediately realized that China's battery car market seems to have no chance for outsiders to enter the market. In fact, there are still obvious gaps.

Judging from the data compiled in 02, after the brutal price war in China's battery car market, there are only two giants left: Yadi and Emma.

In terms of market share, Yadea accounts for 34%, Emma accounts for 19%, and the others are 6% of Supaqi, 5% of Xinri, 3% of Luyuan, etc., and then there are a mess of miscellaneous brands. In short, Now the Huaxia battery car is in a situation of two superpowers and many strong ones.

From the perspective of market distribution, after the first wave of price wars, the industry leader in China's electric vehicle industry seems to have been established, but in fact, the second wave of reshuffle is still going on, and smaller manufacturers are destined to be washed away. Brands also have opportunities to rise.

For example, the No. 02 specially marked in 9, this company was founded after the first round of price wars in China's battery cars. It is not caught up in the current situation, but occupies 1.1% of the market.

If there is no accident, Huaxia's battery cars will continue to involve in the future until the real industry leader emerges.

Because only when the industry leader emerges, the pattern of an industry will be determined.

After the industry structure is determined, it will be difficult for upstream parts suppliers to negotiate prices, and the downstream companies will have the final say. If you don’t sell it to me, who will you sell it to?
Downstream companies can lower prices and take money from upstream, so that profits will come up.

Moreover, after the industry share increases, the quantity of production will increase. With the scale effect, the cost can be reduced, and the cars that consumers can buy will be cheaper.

The car is cheap and easy to use, and the high degree of consumer recognition will naturally increase, and channel profits can also be squeezed out.

The three-pronged approach will definitely make a lot of annual profits.

Now Li Cheng fully understood why Mr. Wang asked for the authorization of the battery.

Judging from the information compiled by 02, Yardi undoubtedly wants to take the leading position in this industry.

This company, in the past two years, has continuously consolidated its position as the leader in the industry. The new GN Series is selling well, and its market share is approaching 40%.

At the same time, the entire brand is developing towards high-end. Although the stock price is relatively cheap in terms of stock price, Yadea is listed in Hong Kong stock market. According to Li Cheng, the valuation of Hong Kong stock market is generally "stingy", and it is normal that the valuation given is not high.

In the past, Emma was worse than Yadi in terms of channels, and the number of dealers was not as large as Yadi.

However, in the past two years, it has also begun to make efforts to continuously expand the number of dealers and upgrade the image of the old store.

In 2021, Emma has also developed a new battery technology that is more suitable for electric vehicles. Based on this technology, a new model has been launched, which can achieve a long battery life of 150 kilometers.

In terms of research and development spirit, Yadi is not as good as Emma.

But both Emma and Yadi are still on the way to confirm their status and compete for the leader.

In the past two years, new energy vehicles have been very popular, which has given birth to the continuous evolution of battery technology and intelligent driving.

With the improvement of battery technology and the upgrade of intelligent driving technology, battery cars will also enjoy the development of technology, and evolve longer battery life and smarter.

As a rigid demand in the sinking market, this market will not die due to the increase in the penetration rate of electric vehicles. Even in the case of a bad economic environment, there is a relatively certain demand.

If BYD enters the market at this time, with their leading position in the electric vehicle industry, they can build better battery vehicles at a lower cost. Coupled with the long battery life of the Zero one battery, BYD should easily be able to occupy the market. Part of the battery car market.

No matter how bad BYD is, it can also sell batteries for battery cars just like they sell batteries for new energy vehicles.

"As expected of a person who can build a car manufacturing company against the wind in China's environment, he has something." Li Cheng muttered to himself.

Li Cheng pondered for a while and felt that this cooperation could be carried out.

No matter how precise BYD's calculations are, the technology is in the hands of Zero One batteries. If they want to use this technology, they must pay a price.

Judging from the Huaxia battery car market, the 2% dividend is actually quite a lot.

If BYD can start later and become the leading company in China's battery cars, the 2% dividend will be a considerable amount.

But BYD is obviously not so easy to succeed, and even if it becomes a price, it is estimated that it will not be small, and there is no way to make too much profit in a short period of time.

Therefore, a 2% dividend is absolutely not acceptable, and at least 3% is required.

Thinking of this, Li Cheng already thought about negotiating with BYD tomorrow.

At 11 a.m. the next day, Li Cheng and Vinyard went to BYD's R&D center.

Mr. Wang has been waiting for the two to arrive.

After the two sides exchanged pleasantries, Mr. Wang led Li Cheng and Wen Yade to a Shandong restaurant.

Mr. Wang is not very clear about the tastes of Li Cheng and Wen Yade, but he thinks that compared with heavy Sichuan cuisine and sweet Cantonese cuisine, Lu cuisine with the richest techniques is more suitable for receiving foreign guests.

Because Shandong cuisine has more dishes and more choices, there is always one that suits you.

Coincidentally, Li Cheng's hometown is in Hebei, which belongs to the north like Shandong.

Although he grew up abroad, his mother often cooked for him before her death.

Li Cheng ordered a dish of Mushu pork, a dish of Yipin tofu, and a dish of Jiuzhuan Dachang according to the dishes his mother often made for him in his memory.

Wynyard has never eaten Huaxia's dishes, so she only knows mapo tofu, which is not available here.

So Wynyard didn't order anything, Mr. Wang took the menu and ordered a few famous dishes here.

(End of this chapter)