Rebirth of a technological power

World Internet Conference.

The impact is already being felt.

The most obvious one is the field of artificial intelligence. No one in the entire field of artificial intelligence is unaffected.

And the most obvious one has to be autonomous driving!

In just one week, the valuation of Mobileye, an autonomous driving technology company owned by Intel, was lowered from more than US$50 billion to US$5 billion, a decrease of nearly US$50 billion.

Previously, Mobileye was an absolute giant in the field of autonomous driving!

In addition, companies in the autonomous driving field such as Waymo, cruise, Argo Ai, and Aurora have all been greatly affected.

This means that these giants have invested more than 35 billion US dollars in research and development expenses in the past, which is wasted.

From a valuation perspective, hundreds of billions to trillions of dollars have been wiped out.

Since Cai Jin has launched autonomous driving, he will naturally not hide it. He will naturally let autonomous driving enter applications.

The National Day holiday had just ended when Mr. Wang from BYD came to visit.

"Mr. Cai, your company quietly released a big satellite!" Mr. Wang still felt incredible.

In the field of new energy vehicles, Mr. Wang has been persisting for more than ten years. From being weak and being ridiculed, he has gradually achieved the number one position in new energy vehicles among Chinese self-service brands.

Although many people are still laughing at BYD, thinking that BYD's new energy vehicles are not worth mentioning compared with Tesla.

But it's like, over the past few decades, people have been criticizing and accusing the country of being weak or weak, but it can't change China's growing strength step by step.

The same goes for BYD.

BYD is also constantly becoming stronger. It may have some shortcomings, but it has become stronger by overcoming the shortcomings.

In terms of new energy vehicles, BYD is undoubtedly the number one among major brands in China, with sales and reputation continuing to rise.

BYD's new energy batteries are also the undisputed giant in China.

BYD is also the world's largest OEM manufacturer, manufacturing iPhones, Huawei phones, Xiaomi and other smartphone brands.

Although the foundry only earns some hard-earned money, it is the unchangeable principle that a small amount can make a large amount of money.

Without a steady stream of profits, there is no way to become stronger.

Mr. Wang couldn't wait to visit him because Cai Jin had mastered two technologies that made him salivate - all-solid-state lithium batteries and autonomous driving!

This is directly related to new energy vehicles!

All-solid-state lithium batteries are related to the energy system. New energy vehicles are different from traditional vehicles. The three major components of traditional vehicles are the engine, chassis, and transmission, while the three major components of new energy vehicles are motors, batteries, and electronic control systems!

The motor can be understood as the engine on a fuel vehicle. It is the source of power for the car to move forward. In addition to providing forward power for the car, it can also store the kinetic energy and electrical energy of the vehicle forward like a generator for the car in reverse. In the battery pack, this is the most common 'kinetic energy recovery' for new energy vehicles.

The battery is equivalent to the mailbox of a traditional fuel vehicle. It is also a device that stores energy for the vehicle. It is directly related to the endurance and cost of use of new energy vehicles.

The electronic control system plays a 'housekeeper' role in new energy vehicles. It combines most of the new functions of the traditional fuel vehicle EUC. Almost the entire vehicle's electronic control system is managed by the electronic control system. Therefore, the electronic control system plays a very important role in new energy vehicles.

All-solid-state lithium batteries have always been regarded as the next generation of batteries for new energy vehicles. Its safety is far beyond that of liquid lithium batteries. Equipped with all-solid-state lithium batteries, new energy vehicles will no longer suffer from 'spontaneous combustion' An accident happened. And using all-solid-state lithium batteries, the driving range of new energy vehicles can reach 1,500 kilometers or even 2,000 kilometers under the same circumstances when fully charged at one time!

There is no doubt that at this point, new energy vehicles will have a huge competitive advantage, capable of defeating traditional fuel vehicles.

Autonomous driving, needless to say, can directly free people's hands.

Of course, going further, if Cai Jin authorizes artificial intelligence, then the entire electronic control system will be completely solved, which will far exceed the most advanced technology in the world.

"Mr. Wang, you're welcome! You are the business senior." Cai Jin looked modest.

Cai Jin admires these people who are truly down-to-earth in developing industry.

After all, it is thanks to the efforts of these entrepreneurs that China's industry has gone from being able to produce only clothes, socks and shoes, when 800 million shirts could only be exchanged for one Boeing aircraft, to a new era in which all major industrial categories are available and competitiveness is rising.

"Mr. Cai, this time I'm here to seek cooperation." Mr. Wang explained the reason for his visit: "I'm in the automotive industry, especially new energy vehicles. We want to develop products in all-solid-state lithium batteries, autonomous driving, or electric vehicles." control system and reach cooperation with your company.”

Cai Jin smiled and said: "Speaking of which, I am a loyal user of BYD. My own car is BYD. The hundred official cars purchased by our company are all BYD's."

When Mr. Wang heard this, he showed a look of surprise.

He didn't expect that there was such a connection between them.

Instantly, Mr. Wang became optimistic about this trip.

"All-solid-state lithium batteries, electronic control systems, and motors can all be cooperated." Cai Jin said with a smile.

He would not reject cooperation at all.

Human energy is limited and he cannot do everything.

It is impossible for him to do new energy vehicles personally. He does not have the energy or interest.

For example, for all-solid-state lithium batteries, even if all output reaches the designed and planned output value, all output will be used for new energy vehicles. According to BYD's current top-range new energy vehicles, it can only meet the needs of 250,000 vehicles. If we look at low-profile new energy batteries, there are only over one million vehicles.

And you must know that the sales of new energy vehicles are constantly rising, and what is needed is millions or even tens of millions of vehicles.

If they rely solely on their own production, even if they continue to expand for ten years, it will be difficult to meet the needs of the market.

Therefore, Cai Jin not only wants to attract business for his own companies, but he can also find OEMs for production. The battery factory under BYD is not small in scale. If BYD is used as OEM, it can satisfy millions of electric vehicles at once. Vehicle power battery production.

It’s not just all-solid-state lithium batteries, it can also include chip foundry and motor foundry!

Give part of the profit to the foundry, and you can make money while you're at it!

Isn’t this what Apple, Qualcomm, etc. have done before?

Mr. Wang was very happy when he heard this!

I came to the right place this time!

He didn't expect that Cai Jin actually mastered motor technology.

You know, whether it's lithium batteries, motors, or chips, BYD is producing them all.

BYD is able to continuously lower costs because it can produce many of its products by itself, thus continuously reducing production costs and operation and management costs.

This aspect also highlights the competitiveness of BYD Auto.

In the past, people looked down upon domestically produced cars, thinking they were garbage.

When buying a car, you have to buy an imported car. Even if it is unfavorable, buy a joint venture car.

But look now, everyone is accustomed to buying domestically produced cars, which can even be sold at mid-to-high-end prices. Looking at the brands of traditional automobile giants, many of them have difficulty gaining a foothold in the Chinese market, and some of them are no longer sold. , profits fell again and again. Looking at joint venture cars, the days of making money while lying down are long over.