If you cheat, money will follow

3 month 25 day.

BYD announced that it will acquire 38 million shares from Berkshire Hathaway for HK$2.3 per share.

The total acquisition price is HK$87.4 billion, and the company's stock trading will be suspended for no more than 5 trading days.

On March 3, BYD stock resumed trading.

The stock price soared 69.05% that day, and the market value exceeded HK$500 billion.

4 month 1 day.

CALT, the rotating chairman unit of the Battery Alliance, announced that BYD will be included in the Solid-State Battery Alliance.

On that day, BYD's share price soared again by 50%, and its market value exceeded HK$700 billion.

That day, a CNBC reporter interviewed Buffett and asked him how he felt.

Buffett said: "I don't want to sell BYD shares, this is a company destined to greatness."

"But, for reasons that are well known, I had to let it go."

"Otherwise, our company's interests will be damaged, and BYD will also be damaged. It is difficult to make this decision, but it has to be done."

4 month 5 day.

Eighteen companies from the Battery Alliance gathered in Haizhou.

The founding meeting and first member meeting of the Battery Alliance were held.

The meeting organized a unified study of the spirit of superior documents and discussed and agreed upon the rules of the alliance.

Jiang Zhicheng, as the person in charge of Donghai Provincial Government, attended the meeting and delivered a speech.

He hopes that the 18 companies in the battery alliance will maintain their ideological focus, stick to the bottom line of the industry, and strengthen demand and supply.

In terms of technology research and development, industry cooperation, product supply, market expansion and other aspects, we will work together to promote continuous iterative updates of product technology and inject inexhaustible power into the upgrading of industrial structure.

As the technology licensee, Zeng Xi also attended the meeting in person to witness the meeting process.

As the first alliance chairman, Zeng Yuqun announced his resignation on behalf of CALT three days after the meeting:

"This is a once-in-a-lifetime opportunity for our domestic battery companies. There are policy pillars at the top, technical support at the middle level, and market support at the bottom level. It can be said that everything is connected, and the situation is great."

"There is no reason why we can't do a good job. Based on everyone's discussions over the past three days, I summarize the following:..."

"While adhering to the bottom line, in the domestic market, the Eight Immortals cross the sea and each shows their magical powers, while the foreign market works together to advance and retreat together..."

"Our goal is to have the entire market firmly in our hands."

at the same time.

A conference is also taking place in North America.

The theme of the conference is also new energy, or solid-state batteries.

Participants included Kearns, Mark, and Stephen, directors of Argonne Laboratory, Lawrence Berkeley Laboratory, and Oak Ridge Laboratory;

Also present were Lavis, Jim, Mary, and Iacocca, the presidents of 3M, Ford, General Motors, and Chrysler.

The three giants Ford, General Motors, and Chrysler were on the verge of crisis in the 2008 crisis.

Ford relied on asset sales to survive, while General Motors and Chrysler relied on government bailouts to survive.

After that, they used the huge Chinese market to stabilize their foothold and achieve a turnaround in the group's business.

However, they have made no achievements in the field of electric vehicles.

In other words, just like European and American fuel car companies, their cars have trouble turning around and their actions are slow.

However, Tesla, which holds high the banner of electric vehicles, was not invited, which has to be said to be strange.

Perhaps Ao Guanhai believes that Tesla is stuck in a production capacity abyss and whether it can climb out is still unknown.

Or maybe there are other reasons.

After the meeting started, Ao Guanhai explained the situation:

"Everyone, just now, the Solid-State Battery Alliance across the ocean has been established and held its first member meeting..."

"Next they will definitely attack from all sides, and we will face a situation we don't want to face. I hope you can provide solutions to the problem."

"Mr. President, I've always been curious," said Argonne's Kearns:

"How does the laboratory of Leda Investment solve the problem of ion conduction in solid electrolytes? This problem has been bothering us."

"It's not just the ion conduction problem of the electrolyte. How did they solve the problem of electrode dissolution and lithium dendrite growth?" Stephen, the head of the Oak Ridge Laboratory, asked curiously.

"How to improve the contact between the electrolyte and the electrode is also an urgent problem we need to solve." said Mark, director of Lawrence Berkeley Laboratory.

"We have searched the patents applied by their research laboratories. Although many patents are critical and cannot be circumvented, the solutions on how to overcome the above problems have not been patented," said Lavis of 3M Company.

"That being said, it's clear they're not worried about being hacked," Jim said.

"This is a fact. It is the same as the materials of their fuel engines and gearboxes. There is no trace at all." Lavis nodded.

"Everyone, I called you here today. I don't want to hear you give academic seminars or technical analysis. I just want to hear the solution. Do you understand?" Ao Guanhai knocked on the table.

Everyone stopped talking and remained silent.

Later, Lavis proposed:

"Mr. President, if the finance can provide appropriate subsidies, I think we can provide relatively mature products."

"Oh? Your 3M company already has finished products?" Ao Guanhai looked at Lavis, his eyes instantly brightened.

"Yes, we already have finished products in our laboratory. The energy density is about 400wh/KG. It will not decay significantly after more than 1000 cycles. The charging and discharging speed will be very fast. There are no unsafe or unstable problems of liquid lithium batteries. .The only thing..." Lavis said seriously.

"The only thing?" Ao Guanhai asked.

"The cost will be a little bit higher." Lavis gestured with two fingers to prove that the cost is indeed not too high.

"I need to know the exact number." Ao Guanhai said.

"Well, compared with the current cost of liquid lithium batteries, it is about 20 times." Lavis said frankly:

"Because a lot of precious metal materials are used, if the finance can..."

Jim, Mary, and Iacocca all looked at Lavis's extremely sincere face with wide eyes.

"Can this business still be done?"

Kearns, Mark, and Stephen also looked at Lavis in disbelief:

"Mr. Lavis, I think it might be better for you to just ask Congress to write you a check."

"Mr. Lavis... I don't have time to joke with you here. This joke is not funny." Ao Guanhai said seriously.

"Okay, Mr. President. It is almost impossible to come up with a solid-state battery that is comparable to the other party's performance in a short period of time." Lavis shrugged.

"Perhaps we can refer to the other side's approach and set up a research team? Wait until the other side launches the product on the market and then reverse the research and development. Maybe it will be faster?" Jim suggested.

"Makes sense."

“Forward research and development is too time-consuming.”

Ao Guanhai looked at Jim appreciatively.

After all, it is a century-old car company with historical accumulation and forward-looking vision.

The meeting did not come up with practical solutions.

But we still unified our thinking and decided to form a team together to start tackling the problem after the product is officially launched.

After the meeting, Ao Guanhai and several people stood on the front lawn of the White House, with Jim from Ford in the C position.

In front of the reporter's camera, Ao Guanhai was confident and had a confident smile on his face.

Then, he clenched his fists and told reporters:

"Everyone, just now, our entrepreneurs told me that they will soon be able to launch our own solid-state battery..."

"In the new energy industry, the great North America will not only not be absent, but will continue to lead."

"Yes, we can."

The reporters kept pressing the shutter to take pictures of Ao Guanhai's passionate and confident expression.

The photos quickly spread around the world via the Internet.

but……

In the photo, Jim in position C, Mary, Iacocca, and Lavis on the left and right...

His face was stiff and he forced a smile.