Reborn in 2011, 985 missing from two copies

Shopkeeper Wang frowned slightly: "Boss Wang, are you so pessimistic about the Yunba project?"

Wang Yi nodded: "Yes, I am very pessimistic. Yunba is not a car, and it is not aimed at ordinary consumers. As for cars, as long as our products are good, there will be consumers willing to pay for them. It is a simple logic."

"But what about BYD Yunba? Your customers are major cities! It's easy to impress consumers, but it's difficult to impress major cities."

"First, you have to get the favor of key figures in the corresponding city and be willing to introduce BYD Yunba. Then you have to get approval from the city's Development and Reform Commission. After approval, you still have to pass the project feasibility analysis..."

"All of this is difficult, very difficult. If there is a problem in any link, it will be a complete failure!"

The more Wang Yi spoke, the gloomier everyone's faces became.

But what Wang Yi said was all true. BYD’s senior management and shareholders are all smart people and naturally know how difficult it is.

Wang Yi continued: "Well, even if all this is passed and the project is signed, do you think it's done?"

"No, this is just the beginning of failure!"

"The Yunba project is very expensive, costing 1.5-2 million per kilometer. Even if the contract is signed, many cities cannot come up with enough funds to support the construction. On the contrary, most of the projects are cut short halfway through!"

"This..." Everyone was silent again.

But no one questioned it.

Transportation projects have high investments, low returns, and result in losses every year.

Wang Yi waved his hand. He found that Manager Wang was a typical idealist.

Wang Yi said bluntly: "You all know the current economic and debt situation of major cities. Few cities have money. Even if they have money, they will give priority to subway and light rail construction!"

"why?"

"Because subways and light rails have large passenger capacity and high speed, they are expected to be profitable. They can also be integrated with the existing transportation network to improve traffic efficiency and alleviate urban traffic congestion pressure."

“And what about BYD Yunba?”

"The monorail model has a small passenger capacity, slow speed, loud noise, unstable operation, and cannot be fully integrated with the existing subway and light rail."

"To put it bluntly, if a city invests in subways and light rails that can be connected to the grid, carry a large number of passengers, and run at high speeds, they are obviously more promising and easier to recoup. So why must a city invest in cloud buses that cannot be connected to the grid, carry a small number of passengers, and run at low speeds?"

"Is there something wrong with your brain?"

"This..." Shopkeeper Wang's mouth twitched, but he was unable to refute.

Wang Yi changed the subject: "With high investment and low passenger efficiency, the BYD Yunba project will be rejected by most cities during the approval stage!"

"Especially in wealthy cities, they will give priority to subways. In places where subways cannot be built, they will choose light rail instead of Yunba, which cannot be connected to the grid, in order to connect to the grid."

“The remaining cities, even if they pass the Yunba approval, are economically weak and simply cannot support Yunba’s high investment. In the end, either BYD will have to pay for it or the project will fail.”

"The former is unrealistic. BYD is also short of money. We are doing Yunba to make money, not for charity."

"The latter is even more boring. Once the project fails, we won't be able to make a profit, let alone get our money back."

Now, Shopkeeper Wang didn’t know what to say.

Although he felt very uncomfortable, he could not deny what Wang Yi said.

In fact, many people have been opposed to the Yunba project long before.

As long as it cannot be integrated into the existing transportation network, development will be difficult.

As long as the cost is high and the carrying capacity is low, it will be even more useless.

But as an idealist, Shopkeeper Wang didn't want to give up easily.

"BYD Yunba is not cheaper than light rail, but its passenger capacity and profitability are not as good as those of light rail, and it cannot be connected to the subway. What do you think they want?"

"If there is no serious illness or other interests, they will not build the Yunba instead of the more cost-effective light rail!"

Wang Yi said this without any politeness.

To put it simply, Yunba is an aerial bus with a passenger capacity that is hard to describe.

One carriage can carry up to 70 passengers, and three carriages can carry up to 210 passengers.

Even with four carriages, there are only 280 people.

Yes, that little.

It can be said that with such high cost and low passenger capacity, the return on investment of Yunba is too low, and it cannot be connected to the subway.

It is precisely for this reason that the Yunba project was killed by the National Development and Reform Commission in many cities.

Even after more than ten years, there will only be four or five cities with BYD Yunba.

And there are only one or two lines, very few in number, and they only serve as a supplement to the subway and light rail.

After all, the difference in passenger capacity is ten times, which is a world of difference.

Shopkeeper Wang wanted to make a final struggle: "Boss Wang, Yunba is designed for small-volume commuting. It can't be compared with the subway!"

Wang Yi smiled: "Small passenger commuting? Your idea works in the European Union, where there are few people. But in China, first- and second-tier cities have tens of millions of people. Most of the places that need subways and Yunba are business districts. How many people commute in business districts? Your 280 per trip is a drop in the bucket. What can it do?"

Shopkeeper Wang was speechless for a moment: "..."

"A subway train can carry 2,000 to 3,000 people. If you take 200 people away, how long will the remaining 2,000 people have to wait?"

"This..." Shopkeeper Wang was completely silent.

Wang Yi waved his hand, not wanting to say more: "How about this, since this is the board of directors, let's vote. I propose to terminate all research and development of the Yunba project. Please raise your hands if you agree."

As he spoke, Wang Yi raised his hand first.

After a brief hesitation, other shareholders and senior executives also raised their hands.

Before Wang Yi appeared, whatever Manager Wang said was the truth, and it was difficult for them to object.

No one even wanted to step forward.

Now that Wang Yi took the lead and proposed it first, they naturally followed suit and raised their hands to fully support it.

After all, no one is optimistic about the Yunba project except the head of Yunba and Manager Wang.

Seeing that more than 70% of the people raised their hands, Shopkeeper Wang's mouth twitched.

But I also understand that this matter cannot be eased.

BYD Yunba project is over!

Wang Yi directly rejected it. Even the three times voting rights were useless. He just rejected it.

"Perhaps the Yunba project really has no future." Shopkeeper Wang sighed, "I accept this result. From now on, I will completely stop the research and development investment in the Yunba project."

In its previous life, BYD Yunba invested 100 billion in research and development, but only a few lines were built in the end.

Most of them are friendly cooperation...

There is no other way. Small cities cannot afford to build Yunba, and Yunba cannot meet the passenger demand of big cities. It cannot be connected to the grid either. It is better to build subways and light rail directly.

The result is neither up nor down.

The problem was that what they said made a lot of sense, which made it impossible for him to refute it, and it was agreed by more than 70% of the directors.

Shopkeeper Wang looked at Mr. Wang and said, "Since Mr. Wang rejected both of my two proposals, then in Mr. Wang's opinion, how should BYD spend the 5 billion so that it can be spent wisely?"

Wang Yi smiled faintly: "It's very simple, focus on the core industry and make a flagship product!"

"BYD is doing new energy, electric cars, and developing batteries, which is all right. There is nothing wrong with it. But the problem is that it is not yet in place and has not made core products!"

Wang Yi said: "I am not against diversified development, but I want to diversify in the core business, rather than diversify across industries and diversify into an unfamiliar field that I don't understand."

"Our core is new energy vehicles, so our development will revolve around new energy vehicles."

"We can invest huge amounts of money in research and development to achieve breakthroughs in the three-electric system, power system, and so on."

"At present, these are all monopolized by European and American giants, and many components rely on companies such as Bosch."

"No matter how high the price they ask, we have to agree. Even if they raise the price at random, we have to accept it."

"If we cannot achieve self-development and self-production, we will be controlled by others. There is nothing we can do about it."

Everyone nodded, that's the truth.

At this time, BYD is still unable to achieve full self-research and production.

Wang Yi continued: "And the key to our current breakthrough lies here. We will increase R&D investment in core components and achieve self-development and self-production as soon as possible."

"Once we achieve self-development and self-production, we can not only get rid of external dependence and the price hikes by foreign companies, but we can also sell our self-developed and self-produced parts to domestic and even international competitors, thus stealing Bosch's jobs!"

“Once this happens, BYD will transform from an automobile manufacturer to a manufacturer + industry chain supply giant!”

“This is also diversification, and it’s safer!”

"For example, batteries. BYD has been developing lithium iron phosphate batteries, which are good but not powerful enough."

"If we can develop a lithium iron phosphate battery with lower cost, better safety and comparable battery life to ternary lithium batteries, then it will be a sure thing."

“Not only BYD will use it, but many friendly companies will also purchase it. By then, BYD will change from being an automobile manufacturer to a manufacturer + power battery supplier.”

As soon as the words fell, applause broke out at the scene.

Everyone was very excited. This was the right way to go.

We will develop in a diversified way around new energy vehicles, moving from automobile manufacturing to industrial chain supply.

After self-research and production, and internal use, you can reduce your own costs and get rid of dependence.

Selling to other parties can bring more profits and achieve diversified layout!

Even Shopkeeper Wang nodded repeatedly: "Mr. Wang is right. This is the core development path that BYD should take. I was blinded by my own shortcomings and pursued the far-reaching goals instead of the near ones."

Shopkeeper Wang was filled with emotion. He didn't develop the automobile industry that he was familiar with, but crossed over to make BYD mobile phones and BYD TVs...

Isn't this seeking death?

In the past, BYD only launched the new blade battery in 2020.

I don’t know in this life.

"That's right!" Wang Yi nodded. "BYD is in great need of good news right now. If we can achieve a breakthrough in core technology or core components, it will undoubtedly be a major benefit. If we can also supply it to our competitors and commercialize it, and let investors see the profits, they will naturally be willing to invest in BYD. By then, BYD's stock price will soar."

"Okay, okay!" Shopkeeper Wang agreed:

"Then let's do it. The future of new energy is very bright, and power batteries are the core of the core. BYD has been researching and developing for many years. If we continue to increase investment, we can expect a big breakthrough. However, there is a huge difference between the two technical routes of lithium iron phosphate and ternary lithium batteries. Mr. Wang, what do you think?"

"Lithium iron phosphate and ternary lithium batteries are indeed incompatible. With limited funds at present, comprehensive research and development is unrealistic, so we can only choose one of the two."

Wang Yi paused and said, "As we all know, lithium iron phosphate batteries are more stable and have a stronger ability to withstand high temperatures. Lithium iron phosphate can withstand temperatures of around 500 degrees, while ternary lithium batteries can't withstand temperatures of to degrees. Therefore, in terms of safety, lithium iron phosphate wins."

Wang Yi knew clearly that in the car that caught fire in his previous life, ternary lithium accounted for 60 to 70 percent of the fuel, which was much higher than lithium iron phosphate.

"In terms of cost, it is also much lower than ternary lithium."

"The lifespan is two to three times longer than that of ternary lithium. Under normal use, lithium iron phosphate can be used for eight to ten years. Ternary lithium batteries need to be replaced every three to five years."