Reborn Entrepreneurial Giant.

Chapter 523 Trip to Sweden

A few days after returning to Xingsha, Qu Li set off for Sweden with his promising team, and Xia Mingfei's acquisition of Saab came to an end.

Although many domestic and foreign institutions bid for it, such as Panda and Youth, which raised the price to around US$5 million, and some insiders joined forces with certain investment institutions to form a partnership, Qiancheng Motors only offered a purchase price of US$2.5 million, but in the end it won the The final bid.

After bankruptcy, Saab is "clean" and does not have so much debt. The remaining assets include the brand, some complete vehicles, powertrains, tool companies and intellectual property rights. Logically speaking, these assets are not very attractive. Why did Qu Li Want to acquire?

If you are interested, you can learn about the crooked person "Fang Haohan" who is the head of Geely's CMA architecture. Historically, he switched from bankrupt Saab to Volvo in February 2012 and led this scalable platform architecture. Does it sound familiar to you? Does anyone remember Saab’s Phoenix platform?

It cannot be said that Geely's CMA is Saab's Phoenix platform. After all, this CMA architecture has a lot of Volvo technology, but the ideas and concepts remain consistent.

What now?This Fang Haohan joined Qiancheng Motors.Honor has a market value of US$1000 billion, and Future Geometry was named the best "electric car" of the year by the European Cup media. It includes a video of Qu Li's speech, business philosophy, Time Magazine's Person of the Year, and various information that Swedes can easily check through Google. To the information, this is a huge advantage.

If the Swedes’ trust level in Qiancheng Motor is 6, then their trust in institutions such as Pangda Youth may not exceed 3, which is a very obvious advantage.

Qu Li came to Trollhattan, Sweden, the headquarters of Saab, with a population of only 4.6, which is much lower than the 60 people in Volvo's headquarters city.The gap between the two cities can be seen from the population, and the resistance brought by the Saab Automobile Workers' Union will not be much.

Saab Automobile has gone bankrupt, its employees have basically lost their jobs, and all previous suppliers and retail channels have been wiped out.However, Qiancheng Motor promised to transform Saab into an electric vehicle brand in Sweden, and more commitments would require face-to-face communication between Qu Li and them.

After Fang Haohan was poached by Qiancheng Motors, he visited Frankfurt, Silicon Valley, Beijin and Xingsha R&D centers and gained a general understanding of Qiancheng Motors' overall strength.Therefore, participating in this acquisition will help Qiancheng Motor resolve concerns from all aspects.

As the world's top rich man, the news that Qu Li went to Sweden to participate in acquisitions spread quickly, and he was warmly welcomed by the locals.Then he accepted an exclusive interview with Swedish media and talked about his original intention of investing in electric vehicles. During his first trip to Silicon Valley, he met Musk by chance.

"I chose to start with fuel vehicles. In addition to the restrictions on domestic car manufacturing qualifications, it is a realistic choice. It is also because I believe that fuel vehicles themselves are very mature and have many advantages and cannot be easily replaced. Electric vehicles are in A disruptive innovation based on fuel vehicles, advanced assistance and future autonomous driving..."

"I am very optimistic about the future of the electric vehicle industry. I believe it will be difficult for traditional brands such as BBA and Volvo to compete with us, but they should not die like this. I want to explore a path that does not have such a big impact on society and develop electric vehicles and plug-ins at the same time. Hybrid car..."

"I need Saab to help me improve the shortcomings of Qiancheng's fuel vehicles, and then together we can create a new era of electric vehicles. The world will eventually become... because of us..."

Qu Li's speech was broadcast on Swedish TV and the Internet. Such a young Chinese entrepreneur gave Europe a different sense of confidence and responsibility.His early killer hairstyle and the widely circulated "Three Ways to Subvert the Winter Alliance" have been revealed.Including the novels he wrote and the songs he wrote and composed, they have all been translated into various languages. It is said that they have sold well overseas...

Qu Li is a "rebellious" and full of personality. He is talented but certainly not perfect. Some of his ideas may be difficult for others to understand, but Wai Guoren cannot deny Qu Li's excellence.

Honor has launched a large number of advertisements in Europe and the United States, including the popularity of the brand promotional song "Sea Shanty Medley" with more than 10 billion views on YouTube, and the promotion of "Avengers". Honor is influencing global fashion.As the founder of Glory, no one overseas praised Qu Li, which means that the person in charge of the company is incompetent.

Back to business, Qu Li first introduced the relationship between Honor and Qiancheng Motors to the major related parties, as well as his more radical strategy of building high-quality cars and high-quality cars.Qiancheng Motor is not a very wealthy company, and survival is the most important thing, so most of the manufacturing industries with high technology content and low cost will not stay in Sweden.

Rebuilding supply chains and channels requires money, so we must first serve the Chinese market and sell high-end electric vehicles and hybrid vehicles in Europe.

"Continue to develop the Phoenix platform and focus on small and medium-sized models." Since it is a fuel vehicle, it cannot be sold too expensively. Qu Li stopped the development of Qiancheng sedan and prepared to re-develop it based on the Phoenix platform.And improve the family design of the car.

Qiancheng's car logo is similar to that of Xpeng, so it has four lights and a dot-mesh mesh front design to add a sporty feel.

There is no need to tell them the specific design details. Saab's powertrain and tool factories will be moved to China, while the vehicle factory will remain.

To be honest, the conditions given by Qu Li were not generous compared to those of Pang Pang Youth and so and so, and were even a bit harsh. I don't know how they agreed.Is it the title of the richest man in China, or his promise to donate all his shares in Jumei and Honor?

"There is a problem with the financial situation of Pangda Youth and they are not trusted in the country; NEVS is in a similar situation. They do not have enough funds to support subsequent operations and want to resell..."

"Then the Saab bankruptcy administrator believed it?" Qu Li was stunned. Listening to Sun Jianhe of Vision Fund explain the various causes and effects behind this, Qiancheng Motor turned out to be the most sincere and powerful bidder.

"This is a fact, they can't help but believe it." Sun Jianhe

"Thank you very much this time." Qu Li, he and the Vision Fund have gotten rid of the legal relationship, but the various financial transactions are constantly being cut and confused, making it difficult to completely separate.

"There is no need to be so polite between us." Sun Jianhe, Qu Li's growth rate was so fast that it was difficult for him to resist.

Behind all the good things, there may be evil hidden. Qu Li is not a moral gentleman or a sinister villain. He just wants to do something and is willing to pay for it...

During Qu Li's trip to Sweden, he stopped by the Gothenburg headquarters next door and had a very friendly discussion with Volvo's senior management.Don't think that Geely can control the company by acquiring Volvo. There is a struggle between the management and the board of directors.

After leaving Sweden, Qu Li came to the Opel headquarters in Germany.